The Business Backer Overview
- Year Founded
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2007
- Status
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Acquired/Merged
- Employees
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80
- Latest Deal Type
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Debt
The Business Backer General Information
Description
Provider of business financing intended to offer flexible funding options for small businesses. The company offers tailored funding solutions including the purchase of receivables, small business loans and lines of credit, enabling small businesses to manage cash flow, maintain operations, and support growth.
Contact Information
Website
www.businessbacker.com(Operating Subsidiary)
Corporate Office
- 10856 Reed Hartman Highway
- Suite 100
- Cincinnati, OH 45242
- United States
Corporate Office
- 10856 Reed Hartman Highway
- Suite 100
- Cincinnati, OH 45242
- United States
The Business Backer Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Debt - General | Completed | Generating Revenue | ||||
| 3. Merger/Acquisition | 23-Jun-2015 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 14-May-2010 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | Completed | Generating Revenue |
The Business Backer Comparisons
Industry
Financing
Details
The Business Backer Competitors (26)
One of The Business Backer’s 26 competitors is Capify UK, a Private Equity-Backed company based in Altrincham, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Capify UK | Private Equity-Backed | Altrincham, United Kingdom | ||||
| RapidFinance | Private Equity-Backed | Bethesda, MD | ||||
| National Funding | Private Debt Financed | San Diego, CA | ||||
| Expansion Capital Group | Private Debt Financed | Sioux Falls, SD | ||||
| Lendio | Private Equity-Backed | Lehi, UT |
The Business Backer Signals
The Business Backer Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alloy Growth Lab | Accelerator/Incubator | |||
| Queen City Angels | Angel Group | Minority | ||
| TCA Venture Group | Angel Group | Minority |
The Business Backer FAQs
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When was The Business Backer founded?
The Business Backer was founded in 2007.
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Where is The Business Backer headquartered?
The Business Backer is headquartered in Cincinnati, OH.
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What is the size of The Business Backer?
The Business Backer has 80 total employees.
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What industry is The Business Backer in?
The Business Backer’s primary industry is Specialized Finance.
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Is The Business Backer a private or public company?
The Business Backer is a Private company.
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What is The Business Backer’s current revenue?
The current revenue for The Business Backer is .
-
Who are The Business Backer’s investors?
Alloy Growth Lab, Queen City Angels, and TCA Venture Group have invested in The Business Backer.
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Who are The Business Backer’s competitors?
Capify UK, RapidFinance, National Funding, Expansion Capital Group, and Lendio are some of the 26 competitors of The Business Backer.
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Who acquired The Business Backer?
The Business Backer was acquired by Enova International.
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