Bond Street, an online lending platform for small businesses, and ICB, the world’s largest bookkeeping membership organization, today announced a partnership to offer ICB USA members a “fast and affordable financing solution” for their clients, according to the release. The collaboration will enable ICB bookkeepers to help their clients, American small businesses, to obtain the necessary funding to start and run their businesses. The partnership will also give ICB members access to training materials, exclusive educational webinars and articles, and a large network of accounting professionals.
“Small businesses are a major part of the US economy, and it is vital that they are able to get access to suitable funding which a regular bank might not be able to offer,” commented Jan Haugo, ICB USA CEO, “and our bookkeepers are best placed to advise them on this issue, and we are confident that Bond Street is the right solution for many of our members’ clients.”
The Bond Street Accounting Professional Partner Program is free to join; members’ benefits include the option to offer their clients a discount or take a referral fee, exclusive educational materials on the financing landscape for small businesses and access to a network of accounting professionals embracing technology solutions and new sources of capital.
“We are thrilled to offer ICB USA bookkeepers membership into the Bond Street Accounting Professional Partner Program to provide them with fast and affordable financing solutions for their clients and curated educational content to advise broadly across financial matters,” added Bond Street Co-Founder and CEO David Haber.
Bond Street has found a niche offering fast and affordable capital with loans of $50K-$500K and interest rates starting at 6% using tech to return a loan decision within 48 hours post the completion of a 10-minute online loan application. In October 2015, the lending platform partnered with WeWork, and last month Bond Street linked with Booker, an all-in-one local service commerce platform, to provide lending capital used to facilitate the growth of companies on the Booker platform.