Unlocking Small Business Growth: Rapid Finance and Q2's Digital Banking Partnership

In a strategic move to empower small businesses, Rapid Finance, a leading provider of customized financing solutions, has announced its integration with Q2's Digital Banking Platform. This partnership aims to deliver a seamless, secure, and API-driven experience for customers, enabling financial institutions to offer flexible financing options and fast access to working capital, including small business loans, sales-based financing, and business lines of credit.

Empowering Small Businesses to Thrive

Bridging the Financing Gap

Small businesses are the backbone of the economy, yet they often face significant challenges in accessing the capital they need to grow and succeed. Traditional lending options can be cumbersome and time-consuming, leaving many entrepreneurs struggling to secure the funds they require. Rapid Finance's integration with the Q2 Digital Banking Platform addresses this critical issue by providing financial institutions with the tools to offer their small business clients a range of flexible financing solutions.Through this partnership, banks and credit unions can now seamlessly integrate Rapid Finance's robust financing products into their digital banking platforms. This integration allows them to complement their existing commercial offerings with customized funding solutions, tailored to meet the specific needs of their small business customers. By doing so, financial institutions can not only better serve their clients but also create new revenue streams and support the growth of local communities.

Empowering Financial Institutions to Innovate

The Q2 Partner Marketplace, which is part of the Q2 Innovation Studio solution, plays a crucial role in this partnership. This platform enables banks and credit unions to provide their customers and members with innovative applications, all within their digital banking solution. By integrating Rapid Finance's financing products into the Q2 Digital Banking Platform, financial institutions can now offer their small business clients a comprehensive suite of services, seamlessly accessible through their existing digital banking channels.This integration not only streamlines the customer experience but also allows financial institutions to stay ahead of the curve in the rapidly evolving fintech landscape. By partnering with Rapid Finance, these institutions can leverage cutting-edge technology and industry expertise to deliver innovative financing solutions that meet the evolving needs of their small business customers.

Fostering Small Business Success

The collaboration between Rapid Finance and Q2 Holdings, Inc. (NYSE: QTWO) is a testament to the shared commitment to empowering small businesses. As a leading provider of digital transformation solutions for financial services, Q2 Holdings recognizes the vital role that access to capital plays in the growth and success of small enterprises."Rapid Finance's robust financing products will empower Q2's clients to offer services tailored to meet the specific needs of their business banking customers," said Will Tumulty, CEO of Rapid Finance. "We are pleased to be a part of the Q2 Partner Marketplace and to help even more small businesses gain access to essential working capital through the banks and credit unions that serve them."This partnership represents a significant step forward in the quest to support small businesses and foster economic prosperity. By leveraging the combined expertise and resources of Rapid Finance and Q2 Holdings, financial institutions can now provide their small business clients with the financing solutions they need to thrive, ultimately contributing to the growth and resilience of local communities.