Sam’s Club, SmartBiz partner on digital lending platform

Bentonville, Ark. - Sam’s Club is partnering with SmartBiz as the exclusive platform for SBA-guaranteed loans for Sam's Club Business Lending Center, a digital platform for small businesses. As a Business Lending Center participant, SmartBiz will provide qualifying Sam's Club business members with SBA loans.



In addition, SmartBiz developed and runs the technology platform that drives the Sam's Club Business Lending Center. The Business Lending Center is a platform that offers business loans, SBA loans, and business credit cards from Lending Club, Sam's Club Business MasterCard, and SmartBiz. All of these financing solutions offer exclusive discounts for Sam's Club members including reduced fees or cash back rewards through the Business Lending Center.



"Our small business members often cite time and access to capital as two major concerns as they manage and grow their businesses," said Seong Ohm, senior VP for merchandise business services at Sam's Club. "Sam's Club did the homework for our members, choosing SmartBiz as a key pillar of our lending platform, based on their commitments to cutting-edge technology, simplicity and responsible lending. Through this collaboration, our members now have a quick, easy solution to get the financing they need to put them on the path to success."