OnDeck to Offer HomeAdvisor Professionals and SMBs Financing Options
OnDeck®, a part of Enova International, today announced a partnership with HomeAdvisor to support home service professionals and companies on the HomeAdvisor network with access to transparent, flexible and timely financing options. As the nation continues to recover from the pandemic, small businesses will need resources to restart, grow and thrive again. This partnership will enable HomeAdvisor service professionals to effortlessly access leading online financing options to support their businesses and assist American families.
Read More: XP Inc. Acquires Riza M&A
OnDeck, a leader in online small business lending, has nearly 15 years of experience providing small businesses with over $13 billion in online financing that meets the individualized needs of each business. HomeAdvisor is the nation’s leading marketplace for Americans to find qualified and available home service professionals.
With businesses beginning to reopen, contracting and building services demand continues to rise. Now, the professionals who use HomeAdvisor to find clients will also be able to use HomeAdvisor to further grow their business, finance their projects and further support homeowners around the nation.
“This partnership with HomeAdvisor is a great fit for OnDeck,” said Jim Granat, senior vice president at Enova and co-head of OnDeck. “We share a unified mission of expanding access to quality and transparent products for our customer base. Since the summer, we’ve seen an increasing demand for financing options for contracting and building professionals. Partnering with HomeAdvisor was a natural choice to further our mission and provide access and choice to small businesses. Through this partnership, HomeAdvisor professionals will have timely access to OnDeck’s suite of small business financing options, allowing them to remain focused on managing their businesses and the projects they’re taking on.”
“Across the U.S., home service activity is booming, which creates an opportunity for home pros and their businesses to grow and thrive,” said Bryan Ellis, EVP of Operations at HomeAdvisor. “For pro businesses to continue to grow, access to capital is essential. We are excited to be partnering with OnDeck, who has proven to be a great resource for small businesses.”
Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit
