How Much Did Bizfi Raise?
Funding & Key Investors

Bizfi, a financial services provider specializing in tailored loan products for self-employed borrowers, has secured $85M in total funding. The company recently received a significant strategic investment of $20M, underscoring its critical role in addressing the lending gap for individuals facing challenges with traditional income verification and documentation, particularly in the wake of the pandemic's economic impact. This latest capital infusion signals a strong market confidence in Bizfi's innovative approach to financing.

What is Bizfi?

Bizfi
FinanceBankingLending & Brokerage

Bizfi operates in Elmsford, New York, and is dedicated to supporting self-employed individuals by offering flexible loan products. Recognizing the difficulties many self-employed borrowers face with stringent income and asset verification, Bizfi provides financing options that accommodate limited documentation and more adaptable credit standards. This strategic focus aims to empower entrepreneurs and independent professionals by ensuring access to necessary capital, thereby fostering their business growth and stability.

How much funding has Bizfi raised?

Bizfi has raised a total of $85M across 2 funding rounds:

2015

Debt

$65M

2016

Private Equity

$20M

Debt (2015): $65M with participation from Metropolitan Equity Partners

Private Equity (2016): $20M led by Metropolitan Equity Partners, LLC

Key Investors in Bizfi

Metropolitan Equity Partners, LLC

Metropolitan Equity Partners, LLC is a private investment firm focused on providing non-controlling growth capital to ambitious owner-operators. They specialize in supporting small and mid-sized U.S. businesses with flexible capital solutions and access to an extensive operating network.

Metropolitan Equity Partners

Metropolitan Equity Partners is a private investment firm that offers non-controlling growth capital to ambitious owner-operators, enabling them to scale their businesses while maintaining majority control. Their founder-first philosophy emphasizes partnership and speed.

What's next for Bizfi?

With a substantial enterprise-level funding history and a recent strategic investment, Bizfi is well-positioned for significant expansion. The company's focus on a currently underserved market segment, particularly self-employed individuals impacted by evolving economic verification standards, presents a clear growth trajectory. Future endeavors will likely involve scaling operations, enhancing product offerings, and potentially broadening their reach to assist a larger demographic of independent workers seeking reliable financing solutions. This strategic backing is expected to fuel innovation and solidify Bizfi's market leadership.

See full Bizfi company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Finance industry

FinanceSecurities TradingLending & Brokerage
FinanceLending & Brokerage
BankingFinanceFinancial SoftwareLending & BrokerageSoftware
FinanceSecurities Trading

Frequently Asked Questions Regarding Bizfi Financial Insights

What are the most recent funding rounds that Bizfi has completed, and what were the funding rounds?
Bizfi has recently completed 2 funding rounds: Private Equity on Jun 27, 2016, Debt on Dec 14, 2015.
What is the total amount of funding Bizfi has raised to date?
Bizfi has raised a total of $85M in funding to date.
How many funding rounds has Bizfi completed?
Bizfi has completed 2 funding rounds.
How much funding did Bizfi raise in its most recent funding round?
Bizfi raised $20M in its most recent funding round.
Who are the lead investors in Bizfi's latest funding round?
The lead investor in Bizfi's latest funding round was Metropolitan Equity Partners, LLC. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Bizfi's history?
The largest funding round in Bizfi's history was $65M.
See more information about Bizfi