Zenoti, a provider of cloud-based business management software for the spa and beauty industries, has announced a new partnership with Quick.me, a New York-based financing platform that provides financial and insurance services for small and medium-sized businesses.

The new partnership enables Zenoti clients to access working capital to help grow their businesses through a quick and efficient channel. The process is designed to offer lower rates and shorter approval times for businesses. It also claims to eliminate the majority of collateral requirements, typical of the industry.

Zenoti CEO Sudheer Koneru said: "We’re constantly looking at ways to add value for our clients and this partnership will immensely benefit our SMB clients. We’re excited about becoming even more integral to our customers’ growth and success."

Ola Okeshola, CEO at Quick.me, said: "Our partnership with Zenoti enables us to reach out to SMB businesses in the beauty and wellness industry. Zenoti was the obvious partnership choice for us."