bidadoo, a used equipment and truck auction provider, and Clicklease, a fintech company providing payment solutions in the commercial equipment space, announced a strategic partnership that will unlock small equipment financing in the bidadoo lender partner network.

This partnership will allow for easy and instant pre-approvals for buyers participating in bidadoo's weekly no-reserve online auctions, the company's said.

Through this partnership, customers can now get an instant pre-qualification before entering bidadoo's weekly online auctions. The integration of Clicklease's technology-driven platform enables near-instant pre-qualification, supporting a broad range of credit types, including startups, according to the companies. With no hard credit pull, bidders can get pre-approved and also include freight and handling costs in their lease, allowing them to bid with confidence to source quality equipment.

"At bidadoo, we're committed to making equipment financing easier and more accessible for businesses of all sizes. By partnering with Clicklease, we're giving our small-business customers the ability to get pre-approved instantly and bid with confidence in our weekly online auctions," said Howard Hawk, bidadoo's president. "This collaboration continues our mission to provide trusted, transparent and technology-driven solutions that help businesses grow, all while providing the best buying experience anywhere — online or offline."

"Clicklease's technology-first approach is a perfect fit for bidadoo's fast-paced weekly auction model," said Alex Nash, president of Clicklease. "By offering pre-qualification in real time, we are helping more small businesses access the equipment they need to grow. We are excited to expand the ability for bidadoo customers to start or grow their small business."

Since the pilot phase, the partnership has enabled many bidadoo customers to secure equipment financing quickly, making equipment more accessible than ever and supporting the growth of small and mid-sized businesses, said the companies.

According to a recent qualified applicant, "I was instantly approved up to $25,000 — the process was immediate. With just a few clicks and no credit pull, I was financially backed and ready to start bidding with confidence. It's a great example of how two digital-first companies are making things simple and seamless for customers like me — I like immediate."

For more information, visit clicklease.com or bidadoo.com. 