Why We Fund

Small businesses (<500 employees) represent 99% of U.S. companies, 50% of total sales, 50% of all jobs


Only half of small businesses received at least some of the financing they applied for from large banks in in 2017


Estimated $80-120 billion of unmet demand for small business lines of credit to be satisfied through alternative financing sources


Years of historically low interest rates, meanwhile, whetted investor appetite for alternative sources of yield. Meanwhile, big data and improved analytics made it possible for tech-driven platforms to identify companies in need of capital and make quick decisions.