Ricoma Partners with Lendio to Revolutionize Equipment Financing for Customers
This partnership demonstrates how embedded finance is changing industries and enabling small businesses to flourish. By providing financing right at the point of need, Ricoma is not merely selling equipment; they're driving their customers' growth.
This collaboration is expected to offer Ricoma's customers access to financing options from June 2025, marking a notable shift in how financing solutions are offered in the embroidery industry.
About Ricoma International Corporation
Ricoma International Corporation is recognized globally for its design, manufacturing, and distribution of embroidery machinery and relevant equipment. With headquarters in Miami, Florida, and manufacturing facilities in China, Ricoma serves creators and businesses across over 160 countries, providing them with innovative solutions and support tailored to their needs.
About Lendio
Lendio is at the forefront of revolutionizing small business lending by creating a connection between small businesses and lenders through an integrated technology platform. Their mission is to create an ecosystem that supports the financial needs of small enterprises, making access to capital quicker and easier.
As the partnership unfolds, it promises not only to enhance the service offerings of both companies but also to empower small businesses with the resources they need to thrive in a competitive landscape.