Learn More About Behalf : Ratings, Reviews Complaints, Comparison ( Simple Quick Loan )
Learn More About Behalf : Ratings, Reviews Complaints, Comparison ( Simple Quick Loan )
Behalf
Behalf provides short-term financing with versatile repayment terms to Ough. S.
based businesses. Account pays vendors directly, with respect to the small
business, for that purchase of goods or even services. Behalf has head office in
New York as well as recently raised $119 zillion in Series B financing ²
Overview
Since the recession of 2008 smaller businesses and entrepreneurs have the
difficult time gaining use of financing. Alternative boat loan companies
emerged to fill the void the recession creates.
Behalf's solution offers microloans to small company ranging between
$300-$50, 000 for approximately 180 days with rates of interest of $10-$30 per $1000
monthly. 4 The online funding platform works as a credit line, so
businesses only pay interest on the quantity of credit they use to finance their
purchases.
By paying vendors in advance, on behalf of companies, Behalf eliminates the
vendors' credit score risk. Vendors get compensated on day one, getting their days
outstanding in order to zero, and removing their own responsibility for collections.
Organization History
Behalf is a FinTech company which was founded in 2011 through Benjy Feinberg,
Shai Feinberg as well as Jeremy Esekow. In 04 2013 Behalf raised $10 zillion in
Series A financing from Sequoia Capital as well as Spark Capital. 5 Within July 2015
Behalf elevated $119 million from Objective OG, Sequoia Capital, Ignite Capital,
Maverick Ventures as well as Victory Park Capital. 6
The actual Technology
Qualifying for Account funding doesn't require any kind of paperwork. 7 Instead, the actual
online application asks for only four bits of information: the business
customer's name, address, business tackle and social security quantity.
Behalf's proprietary algorithm rapidly decides who qualifies with regard to funding,
and how much credit they are able to use to pay their own vendors. 8
Partnerships
Within January 2015 Behalf introduced a partnership with Master card and
Comdata.? This partnership enables small company financing with almost any kind of
vendor that accepts Master card. ¹°
The Better Company Bureau Review
As associated with February 2016, the Bbb rates Behalf as The. ¹¹.
Behalf
Behalf provides short-term financing with versatile repayment terms to Ough. S.
based businesses. Account pays vendors directly, with respect to the small
business, for that purchase of goods or even services. Behalf has head office in
New York as well as recently raised $119 zillion in Series B financing ²
Overview
Since the recession of 2008 smaller businesses and entrepreneurs have the
difficult time gaining use of financing. Alternative boat loan companies
emerged to fill the void the recession creates.
Behalf's solution offers microloans to small company ranging between
$300-$50, 000 for approximately 180 days with rates of interest of $10-$30 per $1000
monthly. 4 The online funding platform works as a credit line, so
businesses only pay interest on the quantity of credit they use to finance their
purchases.
By paying vendors in advance, on behalf of companies, Behalf eliminates the
vendors' credit score risk. Vendors get compensated on day one, getting their days
outstanding in order to zero, and removing their own responsibility for collections.
Organization History
Behalf is a FinTech company which was founded in 2011 through Benjy Feinberg,
Shai Feinberg as well as Jeremy Esekow. In 04 2013 Behalf raised $10 zillion in
Series A financing from Sequoia Capital as well as Spark Capital. 5 Within July 2015
Behalf elevated $119 million from Objective OG, Sequoia Capital, Ignite Capital,
Maverick Ventures as well as Victory Park Capital. 6
The actual Technology
Qualifying for Account funding doesn't require any kind of paperwork. 7 Instead, the actual
online application asks for only four bits of information: the business
customer's name, address, business tackle and social security quantity.
Behalf's proprietary algorithm rapidly decides who qualifies with regard to funding,
and how much credit they are able to use to pay their own vendors. 8
Partnerships
Within January 2015 Behalf introduced a partnership with Master card and
Comdata.? This partnership enables small company financing with almost any kind of
vendor that accepts Master card. ¹°
The Better Company Bureau Review
As associated with February 2016, the Bbb rates Behalf as The. ¹¹.
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