Loanspark, Disruptive Fintech Startup Bringing the Power of Lending to Its Co-Branded Partners, Receives Certification for Its Minority-Owned Businesses, Further Reinforcing the Importance of Minorities in Entrepreneurship
BOSTON, 28 February 2023 /PRNewswire/ — Loan kick announced today that it received its Supplier Diversity Office (SDO) certification, a certification for minority-owned small businesses, providing access to increased business partnership opportunities that strengthen Loanspark’s reach to SMBs requiring financial guidance.
The assignment to SDO and Loanspark
The mission of the SDO is to help promote the growth of businesses owned by any minority group, including small businesses in Massachusetts. The certification works to promote fairness, inclusion and diversity in government contracts for these businesses. Loanspark will now be in a register of SDO-certified businesses in the state Massachusetts.
CEO and founder Michael Barnett’s The goal of Loanspark is to create a space where businesses of any size or type have equal access to capital and financial opportunities. With this vision in mind, Loanspark works directly with B2B service providers to create lending solutions for their business customers.
The importance of SDO certification in furthering Loanspark’s mission
The SDO certification will further advance Loanspark’s mission by adding them to an area of other minority-owned businesses and allowing more B2B companies to access their services. SDO’s intentional promotion of diverse, small businesses is done through training, outreach, analysis of large bidding opportunities and connecting businesses with necessary resources.
Loanspark’s SDO certification will increase their ability to operate in both private and public markets. SDO hosts networking events throughout the year that will connect Loanspark with B2B service providers, and will enable these providers to build financial prosperity for local SMEs.
About Loanspark
Loanspark is a fintech start-up at the forefront of creating accessible and affordable financing solutions for SMEs. It enables B2B service providers to offer favorable business financing solutions to their customers. It does so through co-branded partnerships, a robust loan origination platform and an ever-growing marketplace of SME financing programs.
Loanspark creates a commercial financing ecosystem that is mutually beneficial for lenders and borrowers. It promotes growth for its partners by positioning them as value-adding lenders to their customers. In the process, SMEs get quick, easy, safe and affordable access to much-needed capital.
To learn more about Loanspark and its services, please visit www.loanspark.com for further details.
Contact: [email protected]
SOURCE Loanspark, LLC
