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Merchant Cash and Capital Launches Bizfi

April 15, 2015, 07:18 AM
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Topic: Industry News

To support the small business community, Merchant Cash and Capital (MCC), one of the pioneers in alternative financing, created Bizfi, a connected online marketplace designed specifically to help small businesses compare funding options from different sources of capital and get funded within days.

Bizfi’s proprietary technology makes finding financing simple and fast. By answering just three questions, business owners can instantly find out how much funding they qualify for. Bizfi’s multiple funding partners enable the business owner to immediately view several options from companies that are willing to provide financing. The platform’s account management tool lets business owners directly submit all documents needed for funding, track their repayment and even request additional funding. Bizfi also assigns a trained funding professional to each customer to help sort through their options.

“Having worked in the alternative funding space for more than a decade, we listened to our clients' and partners' feedback to create a technology solution that provides funding options to small businesses faster and easier than ever before,” said Stephen Sheinbaum, who founded Merchant Cash and Capital 10 years ago and also founded Bizfi. “Akin to traditional consumer loan aggregators, Bizfi provides small business owners, franchisees, and entrepreneurs access to billions of dollars from multiple sources to find the right product that works for their specific needs.”

Sheinbaum concluded, “We have built a technology platform that securely automates the process of finding financing and provides small businesses a one-stop-shop to be able to immediately obtain the capital they need to grow. Bizfi is the future of alternative financing and we look forward to helping hundreds of thousands of businesses achieve their growth objectives.”

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