Search Results for: bizfi

Credibly Deploys $500M in Capital & Partners with BizFi

Credibly, a leading findata small and medium-sized business lending platform founded in 2010, has crossed the $500 million milestone in capital deployed to tens of thousands of SMBs across the U.S. In addition, Credibly also announced that it is now servicing BizFi’s $250 million portfolio and 5,200… Read More

Bizfi Milestone: Surpasses $2 Billion In Financing For Over 35,000 Small Businesses

On Thursday, Bizfi announced it hit a new milestone by surpassing $2 billion in financing, through both growth and working capital, to more than 35,000 small businesses across America. Launched in 2015, Bizfi’s marketplace provides small business owners with access to multiple finance options from over… Read More

Bizfi Joins Forces With LendingTree For Small Business Grant Contest

Less than a week after LendingTree launched its $50,000 small business grant contest; Bizfi announced it has teamed up with the online lender for the contest. According to Bizfi, LendingTree is one of the 45 funding partners of its marketplace for small business finance. LendingTree stated… Read More

Bizfi Announces Partnership With InterNex Capital

On Wednesday, Bizfi announced it has expanded its business lending capabilities with a new funding partnership with InterNex Capital, an asset-based digital lender. According to the company, this partnership will allow small to mid-sized businesses in manufacturing, wholesale, trucking, business and consulting services to apply for and… Read More

Bizfi Announcement: Fintech Firm Originated $127M in Small Business Financing During 2016 Third Quarter

Fintech company Bizfi announced on Tuesday it originated more than $127 million in financing in the third quarter of 2016. The company reported that the top sectors seeking finance through its platform were manufacturing, retail, business-to-consumer (B2C) services (i.e. daycare, cleaning) and business-to-business (B2B) services (i.e…. Read More

Former Lending Club COO John Donovan Joins Bizfi as CEO

Bizfi, a, NYC-based fintech platform that combines aggregation, funding and a marketplace for small businesses, announced its board of directors has appointed John Donovan as the company’s CEO. Donovan is 30-year payments and alternative finance industry veteran, serving both small businesses and consumers. “Bizfi is transforming the way… Read More

Bizfi Survey Says SMEs Tap Alt Fin & Borrow More than in 2015 to Finance Growth & Jobs

The Small Business Growth Survey, which surveyed small businesses from around the country, was conducted by Bizfi, a fintech company with a platform that combines aggregation, funding and a marketplace for small businesses. The purpose of this survey was to gain insight into what small businesses… Read More

Bizfi Originates Over $144M in Financing to Small Businesses in Q2 2016

Premiere fintech company, Bizfi, announced on Tuesday an increase of 25 percent in year-over-year small business lending originations in the second quarter of 2016, which totals more than $144 million, compared to $116 million in 2015’s second quarter. Bizfi also reportedly reached its $1.8 billion lending mark to more… Read More

Fintech Mainstream: BizFi Partners with National Directory of Registered Tax Return Preparers & Professionals

Another indicator that fintech is moving mainstream is the National Directory of Registered Tax Return Preparers & Professionals’ (PTIN) selection of fintech platform Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation marketplace via a… Read More

Metropolitan Equity Partners Invests $20 Million in Bizfi

Bizfi has received a $20 million investment from Metropolitan Equity Partners.  Details on the exact structure of the investment was not provided.  The investment by Metropolitan is an increase from the $65 million committed by the company this past December. Bizfi is an aggregation platform… Read More

Bizfi Founder Sheinbaum Comments on $144M Small Business Financing, Notes Record-Breaking Q1

Bizfi, a FinTech platform that combines aggregation, funding and a marketplace for small businesses, announced its origination of more than $144M in financing to 3,605 small businesses in the first quarter of 2016, claiming a record in originations for any one quarter,  a 49 percent year-over-year increase over… Read More

Western Independent Bankers Forms Alternative Finance Provider Partnership With Bizfi

Western Independent Bankers (WIB), a trade association 600 community and regional banks, announced on Thursday it has formed a new partnership with Bizfi, a Fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses. According to WIB, the partnership will provide its members access to Bizfi’s platform,… Read More

Brief: Bizfi Announces Partnership With the New York State Restaurant Association

The New York State Restaurant Association announced this week that it has selected fintech company has selected Bizfi  as the exclusive financial provider for its members. Bizfi’s platform enables the NYS Restaurant Association to provide its more than 2,000 members access to multiple types of funding… Read More

BizFi Announces 2015 Fourth Quarter Results: Originates $142M in Financing

Bizfi, a premier FinTech company with a platform that combines aggregation, funding and a participation marketplace for small businesses, announced it originated over $142 million in business financing in the fourth quarter of 2015 – a record for any one-quarter since the founding of the company… Read More

BizFi Secures $65M Financing from Metropolitan Equity Partners: Fintech Platform Will Expand Products

Bizfi, a fintech company whose online small business finance platform combines aggregation, funding and a participation marketplace, announced that Metropolitan Equity Partners has provided a structured financing facility of $65 million to the company to drive growth. Since 2005, Bizfi and its proprietary marketplace and funding… Read More

Bizfi Originated Over $127M in Financing During 2015’s Third Quarter

Bizfi, the premier fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses announced that it originated more than $127 million in business financing in the third quarter of 2015. This represents a double-digit percent increase in originations compared… Read More

Bizfi Launches API & White Label Solutions to Increase Small Business’ Access to Capital at Finovate New York

Bizfi, a fintech company that combines aggregation, funding and a participation marketplace on one platform for small businesses, announced it has launched both an API (application protocol interface) and a white label solution which will enable partner companies to offer direct lending solutions to their… Read More

Q&A: Stephen Sheinbaum, Founder Of Merchant Cash and Capital, Talks Bizfi And The Future of Banks (Hint: There Is One)

As the founder of Merchant Cash and Capital (MCC), a small business alternative lending company that has also worked with companies from UPS to Pita Pit, Stephen Sheinbaum oversees a company that is using leading technology to change the way small businesses get capital. Prior… Read More

Stage 1: Nesta Announces Winners of Fintech Open Up Challenge

Nesta, a global innovation foundation, has announced the ten Fintech firms that have won Stage 1 of the Open Up Challenge. The Challenge is in recognition of the launch of Open Banking in January 2018. Chris Gorst, Challenge Prize Lead at Nesta, congratulated all of… Read More

BFS Capital’s Into Money: Extends Over $1.7 Billion to SMEs Since 2002

Marking its 15th anniversary year, BFS Capital, a small business financing platform, has extended over $1.7 billion in financing since funding its first deal in 2002. The company also reported that over 75 percent of its originations have occurred in the last five years and more… Read More

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