Elavon, a leading payments provider and subsidiary of U.S. Bank, announced a new partnership with Liberis, a global embedded finance platform, to launch 'Quick Capital' in the United States. This solution aims to provide seamless and fast funding for small businesses.
The partnership will offer access to capital for over 275,000 U.S. merchants, providing flexible revenue-based financing through an easy-to-navigate application within the Elavon merchant portal. This initiative addresses the urgent need for flexible funding options among small businesses, especially given recent reports of decreased revenues.
Quick Capital is powered by Liberis Core, enabling Elavon to offer a branded funding experience with minimal paperwork and rapid disbursement. This collaboration strengthens Elavon's value proposition to its merchant base and expands U.S. Bank's integrated financial solutions for small businesses.
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