Media, entertainment and digital marketing solutions, Townsquare Media, Inc. (NYSE: TSQ), announced on Wednesday it has formed a partnership with Lendio as it prepares to bring alternative financing solutions to small businesses across the country.
Townsquare reports it will be teaming up with Lendio to provide exclusive information and offerings for small business owners, cross-promote products and services, along with expand awareness for Lendio’s marketplace. Commenting on the new collaboration, chairman and CEO of Townsquare, Steven Price, stated:
“Our core media products are designed to drive awareness, demand and growth for our clients which often leads these businesses to need additional capital – opening a new location, acquiring new equipment or funding incremental working capital. Partnering with Lendio will allow us to further support and service our loyal SMB clients as a true business partner while powering local economic growth.”
CEO of Lendio, Brock Blake, added:
“We’re thrilled to partner with Townsquare and look forward to helping their customers grow with our range of financial products. Our award-winning platform matches small business owners with more than 75 lenders across various loan products to cover their unique small business needs. Working together will help even more small business owners across the country fuel their American dream.”