ATLANTA – CU4Business and Square Inc. have announced plans to collaborate on assisting credit unions in serving the 28 million small businesses across the U.S.
CU4Business said it will begin offering Square’s payment solutions to small businesses through its network of credit unions. “Square’s hardware and point-of-sale software include everything a business owner needs, from accepting credit cards and tracking inventory, to real-time analytics and invoicing, as well as financial and marketing services,” the company said.
CU4Business is a collaboration between CU Partner Link and Tarkenton Companies and seeks to help credit unions provide solutions to small businesses in their local markets. Tarkenton Companies is owned by former NFL quarterback and NFL Hall of Famer Fran Tarkenton. CU4Business provides participating credit unions with a turnkey system that features sought after small business services from top-rated providers including Square, the company said.
“Square is a great fit for our network of credit unions with its national brand recognition, simple and straightforward pricing, and we look forward to offering their innovative payment solution to credit union members,” says Dave Fearing, CEO of CU Partner Link.
“Small businesses are the backbone of the American economy,” says Fran Tarkenton, founder of Tarkenton Companies, in a statement. “We are excited to work with CU Partner Link to provide the CU4Business platform, which is helping credit unions deliver the services business owners and entrepreneurs need to successfully start, run and grow a business.”