KWIPPED Inc., the online B2B equipment marketplace, is finding its APPROVE Lender Network to be a valuable resource for cash-strapped businesses in need of equipment. KWIPPED has recruited approximately a dozen of the nation’s top equipment financing companies to join their APPROVE Lender Network.

With the economic effects of COVID-19 leaving many businesses short on cash, equipment financing has quickly become essential for enabling businesses to afford the equipment they need while preserving working capital. However, many financing companies have significantly reduced application approvals and some have even stopped accepting new applications.

According to KWIPPED CEO Robert Preville, “In these unprecedented times, when the survival of businesses are at stake, the value of a consolidated network of lenders that are actively accepting and funding financing applications can’t be understated. Access to an entire network of lenders gives businesses the highest chances of being approved; and since APPROVE Lenders compete with each other; customers can compare multiple offers and make informed financing decisions very efficiently.”

“Businesses in need of financing for any type of commercial or industrial equipment can submit an application on KWIPPED.com. Equipment sellers that want to link to the APPROVE Lender Network can contact KWIPPED directly,” he said.

KWIPPED, Inc. is a technology company specializing in B2B equipment e-commerce. Its worldwide headquarters is located in Wilmington, NC.