Results of a new survey of small business owners by Bizfi suggest those owners are feeling more optimistic about the state of the American economy. That optimism is reflected in increased investment. Seven out of every eight business owners plan on ...
Bizfi enjoys big Q2
Small business lending platform Bizfi enjoyed healthy growth in the second quarter. Year-over-year originations increased 25 percent to more than $144 million. More than 3,580 small businesses received financing either directly from Bizfi or through its marketplace. Several factors ...
Bizfi partners with tax preparation group
Small business funding marketplace Bizfi is partnering with the National Director of Registered Tax Return Preparers & Professionals (PTIN) to provide finance professionals and their clients with funding via the Bizfi platform through a customized referral process. PTIN members now ...
Bizfi enjoys record Q1
Small business funding platform Bizfi enjoyed a record first quarter, with $144 million of financing flowing to 3,605 small businesses. The origination record represents a YOY 49 percent increase. The announcement is the latest of a run of good news ...
Restaurant group partners with Bizfi
Restaurants in New York state will have quick access to a variety of financing options thanks to a new partnership between small business financing platform Bizfi and the New York Restaurant Association. Member restaurants can tap into Bizfi’s network of ...
Bizfi has record Q4
Bizfi ended 2015 on a high note. The online alternative funding marketplace originated more than $142 million in business financing in the fourth quarter, the company’s best quarterly performance to date. Since its inception in 2005, Bizfi has provided more than ...
Merchant Cash and Capital rebrands into Bizfi
Because of the growing success of Bizfi and the amount of attention being devoted to that part of the company, it made perfect sense to rebrand Merchant Cash and Capital into Bizfi, CEO Stephen Sheinbaum said. Mr. Sheinbaum said the ...
Bizfi founder says to expect gradual interest rate hikes
The founder of Merchant Cash and Capital and Bizfi said business borrowers should prepare for interest rate hikes, even though he thinks the effects will be gradual. Stephen Sheinbaum said interest rates generally increase for one of two reasons. The first is ...
Merchant Cash and Capital founder says exponential growth in alt-fi great for consumer
The founder of one of the nation’s biggest alternative business finance companies says the alt-fi marketplace has never been more interesting than it is today. Stephen Sheinbaum founded Merchant Cash and Capital (MCC) in 2005. The ensuing decade encompassed the recession, ...
Regulation is coming, and that’s not a bad idea
Karl Benz invented the modern car in 1879. Over the decades that followed, automakers made many changes that made vehicles safer. But it was not until almost 100 years later, in 1966, that the U.S. government established the Department of ...