Ramp Financial Inc.

Ramp is a financial technology company based in New York City that provides corporate charge cards, expense management software and business financing tools primarily for small and mid-sized businesses. Founded in 2019, Ramp is designed to help businesses control spending, automate expense reporting and access working capital.

Ramp's flagship product is a corporate charge card with no annual fee. Like Brex, Ramp's card is structured as a charge card that must be fully paid each month rather than a revolving credit card. The card does not require a personal guarantee, which distinguishes it from most traditional small business credit cards. Eligibility is based on the business's financial profile and cash balances rather than the owner's personal credit score.

Ramp also provides expense management software that integrates with accounting systems like QuickBooks and Xero. Business owners and finance teams can use Ramp to track employee spending, set spending controls, manage receipts and automate bookkeeping.

More recently, Ramp has introduced financing products including a business line of credit for qualifying customers. These financing products are generally available to businesses that are already Ramp customers.

Ramp primarily targets small and mid-sized businesses that want modern financial management tools alongside their corporate spending. It is less focused on traditional lending and more focused on helping businesses manage cash flow and spending efficiently.

Ramp operates across the United States. For business owners who want integrated expense management and corporate spending controls alongside business financing, Ramp is worth evaluating. Compare its financing products against bank lines of credit and other lenders before making a decision.