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That Was Easy: Staples to Use Lendio to Power Small Business Lending

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Small business owners searching for office supplies at Staples.com can now apply for a loan while filling their virtual shopping carts.

Yesterday Staples announced a partnership with Lendio, a startup that specializes in matching small business borrowers with lenders, to power the new loan offering.

Borrowers in search of funding will begin the process on Staples’ website:

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Next, they are taken to a Staples-branded section of Lendio’s site to finish the application:

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From there, borrowers choose from:

  • Line of credit
  • Small Business Association loan
  • Term loan
  • Cash advance
  • Equipment loan
  • Commercial real estate loan

Lendio offers loans from $2,500 to $1 million and handles the entire transaction.

Lendio is based in Salt Lake City, UT. It debuted at FinovateSpring 2011 in San Francisco.