September 7, 2022

Announcing Ramp’s lending partners: helping our customers with their long-term debt needs

Jump to sections
Spending made smarter
Easy-to-use cards, spend limits, approval flows, vendor payments —plus an average savings of 3.5%.
Get fresh finance insights, monthly
Time and money-saving tips,
straight to your inbox
Thanks for signing up
Oops! Something went wrong while submitting the form.

We recently launched Ramp Flex, our in-house extended payment terms solution designed to help businesses of all sizes scale and reach their goals. Today, we’re thrilled to announce Ramp’s lending partners, a network of resources to further help customers with their long-term debt needs.

As Ramp continues to build new solutions to help our customers scale, solving for businesses’ capital needs will be core to how we can help them save time and money. With our recent launch of Flex, we’re enabling companies to unlock smooth cash flow at beneficial terms, providing them with the capital they need to make upfront purchases. Lending partners will act as an extension of Ramp, providing customers with long-term debt to fuel their growth with beneficial terms and a streamlined experience.

Why we’re pursuing new capital solutions for our customers

Businesses often struggle to access long-term debt, owing to the complexities of the lender landscape. It can be challenging to know which lender or what type of loan to use. And even if businesses think they’ve found a lender who can help them, they can face numerous pain points, including:

  • A long, tedious application process 
  • Insufficient capital limits
  • Predatory fees 

That’s why we are joining forces with leading lenders. Our vision is a better solution for our customers regarding their debt needs. Ramp’s options for additional capital provide the support and oversight that have long been absent from the market. 

Introducing Ramp’s lending partners 

We partnered with vetted industry leaders that have a proven track record in serving Ramp’s wide range of customers, from small businesses to mid-market, and solving for the pain points highlighted above. Each of the partners selected exhibits a loyal and growing client base, high-velocity market growth, and a relentless drive in providing customers with an incredible user experience.  

Our partners service clients across four key types of long-term debt:

Small business administration (SBA)

Low-interest loans backed by the U.S. government to support small businesses.

  • SmartBiz Loans - SMB marketplace and #1 facilitator of SBA loans less than $350K
  • Live Oak Bank - America’s small business bank and #1 SBA lender by dollar volume

Term Loan

Providing businesses with a lump sum of capital to fund investments with set repayment terms. 

  • Funding Circle - Global marketplace for small business financing that has helped over 130,000 businesses access more than $19 billion

Venture debt

Loans offered to VC-backed startups to complement equity raises, fund acquisition, and support broader capital needs.

  • Stifel Bank - Provider of flexible bank debt financing to entrepreneurs, investors, and their businesses nationally. Products are targeted broadly toward the venture ecosystem*.

Revenue-based financing

Providing SaaS companies with upfront access to future revenue to fund their growth, without diluting equity.

With these lending partners, we are offering our customers even more flexibility and options for growth.

Which is the best fit for you: Flex or lending partners? 

Flex might be best for you if your needs include paying large bills from vendors for goods like inventory and shipping, marketing and ads, SaaS and services, and equipment and materials 

Lending partners are a great option if your needs include making investments in longer-term growth like buying a property, expanding headcount, expanding into new markets or making acquisitions.

At Ramp, we’re committed to providing solutions for a wide range of financial needs, with our focus remaining centered on our customers. Interested in learning more about Ramp’s lending partners? Check out our lending directory to learn more.  


*Stifel Bank is an affiliate of Stifel Financial Corp., a global wealth management and investment banking firm, with a focus on the middle market.

Senior Partnerships Manager, Ramp

Jonathan Avraham is a Senior Partnerships Manager, helping lead Financial Partnerships at Ramp. Formerly he spent six years at JPMorgan Chase in various roles such as Corporate Strategy and FinTech Partnerships & Investments. He is excited to help Ramp and its clients grow by partnering with financial institutions.

FAQs

How Crossbeam saved $10K+ with Ramp Price Intelligence

“Right now, I text a group of colleagues and search online—but being able to know within a 5% variance that we are solid on pricing? That gives me peace of mind."
Matt Dougherty, Senior Director of Finance, Crossbeam

How Clearbit closed the books >60% faster with Ramp + NetSuite

“Before Ramp, our month-end close took approximately 10 days. Now it takes three to four days—it's unbelievable.”
Kay Coolican, Accounting Manager, Clearbit

How Ramp helped Webflow lay a foundation for sustained growth

“This product allows us to enable our employees to be full-time right away, Ramp allows us to onboard people quicker, it allows us to get them the tools they need, which in many cases they need to be able to spend in order to grow.”
Ivan Makarov

How Candid expanded internationally with Ramp

“Ramp found over $250,000 in savings right out of the gate. That is far more valuable than any points program.”
Nick Greenfield, CEO, Candid

How FirstBlood’s switch to Ramp sped up their monthly close

“If I code one transaction with a certain vendor, Ramp knows. It makes suggestions based on past transactions. It just works.”
Kyle Potter, CFO, FirstBlood

How Elementus overhauled its spend management with Ramp

“The fact that I can have an expense, match it with a receipt immediately, upload it, and then integrate it into QuickBooks is a godsend.”
Matt Austin, Vice President of Operations, Elementus

How Eight Sleep consolidated their finance stack and launched a new product with Ramp

“Identifying the invoice, finding it in Ramp Bill Pay, and flexing it from there, takes all of one minute…it’s only a few clicks and you’re done.”
Irish Rose, Controller, Eight Sleep

Get started for free

Cards, expenses, bills, and accounting – beautifully reimagined by experts to save you time and money.
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Experience the
Ramp advantage

Ramp’s focused on maximizing your businesses most precious resources: every minute and dollar.
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.