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TOA Global, Loanspark Cements Partnership to Bring Business Lending Solutions Closer to Accounting Firms and SMBs

TOA and Loanspark

Fort Worth, TX — May 23, 2024 — Leading global accounting offshoring services provider, TOA Global, and financing and capital lender, Loanspark, inked a deal that revolutionizes business lending for CPA firms.

This partnership also impacts Client Accounting Advisory Services (CAAS) providers and small and medium-sized businesses (SMB).

In today’s tight labor market and inflation-stricken economy, the TOA Global-Loanspark partnership makes much-needed capital more accessible to CPA and CAAS practices looking to scale their teams and grow their business.

"This partnership is about enhancing the value these firms provide, ensuring that businesses can access the capital they need to grow and thrive. Since TOA offers staffing and we offer payroll funding, CPAs who need funding to pay for additional staffing or hiring needs can use Loanspark"
Michael Barnett
Loanspark Founder & CEO

On top of providing financial support to fund firms’ business growth initiatives, the TOA Global-Loanspark team-up also enables firms to offer comprehensive business lending solutions to their SMB client base, diversifying their service offerings.

“Additionally, Loanspark’s BLaaS solutions empower CPAs and CAAS providers to act as true financial partners, helping their SMB customers bridge funding gaps and access the capital they need to grow. This collaboration underscores our commitment to delivering exceptional value and support, ensuring that businesses can achieve their objectives with confidence,” he added.