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

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.

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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.

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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:

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

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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. 

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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.  

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

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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
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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

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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*.
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Revenue-based financing

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

• Founderpath - Helping bootstrapped SaaS founders scale and retain equity 
• Capchase - Leading provider of non-dilutive financing for SaaS companies 
• Lighter Capital - Industry pioneer with expertise in lending to SaaS companies

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

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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 

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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.

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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.