Industry News
Published
Aug 21, 2024

Tento Launches as Exclusive Lending Partner for WooCommerce

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The partnership secures financial wellness tools and easy access to capital for WooCommerce’s extensive network of business owners.

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Millions of Merchants

We’re thrilled to announce that we’re now the exclusive lender for WooCommerce in the US, the flagship e-commerce plugin for WordPress. With over 3 million merchant stores powered by WooCommerce worldwide – and over 40% of the internet built on WordPress – this partnership has the potential to give merchants and business owners unparalleled access to personalized tools like working capital, equipment financing, lines of credit and more.

Hefty Rewards & Savings

Given the current harsh climate and lack of resources for small and medium-sized businesses, owners face significant obstacles when building good business credit and establishing healthy business practices along the way. Our mission is to help businesses spark long-term growth through our suite of innovative, radically simple financial products. Our hope is that we’ll be able to help businesses with hefty rewards and savings that grow along the way.

Open for Business

"We are incredibly excited to partner with WooCommerce and become the exclusive lender for their users," says Andrew Paulson, CEO of Tento. "Tento is built for business owners by business owners. There’s no platform that’s rooting more for the every day business owner than Woo – that’s why almost half the internet uses Woo and WordPress. Together, we can really help drive growth for these businesses by providing a solid foundation.”

Natural Partners

As the exclusive lender for WooCommerce, Tento will provide customized lending solutions that cater to the unique needs of WooCommerce's diverse community of merchants from recognized, household name brands all the way to solopreneurs fresh out of the gates. “Tento and WooCommerce are natural platform partners,” says Joern Aaseng, Director of Partnerships at WooCommerce. “We share a larger mission to help merchants build healthy businesses for the long-term and Tento provides our millions of merchants with critical tools they need to succeed.” You can check us out on WooCommerce right now!