Ricoma, a global company in embroidery machines and equipment, has selected Lendio, a small business financing platform, to bring equipment financing solutions to its customers through Lendio’s Embedded Marketplace.
The decision to partner with Lendio was driven by Ricoma’s commitment to providing customers accelerated access to capital. Speed was another key factor in Ricoma’s decision. The new financing experience is also set to also enhance Ricoma’s internal operations.
“The success of our customers is our top priority,” Henry Ma, CEO of Ricoma, said. “We wanted a financing partner that not only offered diverse loan options at every stage of our customers’ journey, but also shared a commitment to improving their experience. By embedding Lendio’s technology into our platform, we’re giving small businesses faster, easier access to the capital they need, when they need it.”
“Ricoma’s leadership in empowering creative small businesses makes them a natural fit for embedded finance,” Brock Blake, CEO of Lendio, said. “By delivering financing at the point of need, they’re not just selling equipment—they’re enabling their customers’ growth. This partnership demonstrates how embedded finance is reshaping industries and creating new opportunities for small businesses.”
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