Staples to Pitch Business Loans in Partnership With Lendio
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Staples Inc. will introduce a lending program aimed at small businesses this week, opening up a new source of revenue as the market for office supplies slows.
Staples will provide more details on the new Staples Business Loans program when one of its executives rings the Nasdaq Stock Market’s opening bell on Wednesday, according to a statement Tuesday. Staples is teaming up with Lendio, a website that matches borrowers with lenders, Kimberly Brown, a Lendio spokeswoman, said in an e-mail earlier this month.