5 FinTechs digitising business loans in the USA

By Gloria Mathias

In today’s rapidly evolving financial landscape, access to timely and flexible funding is paramount for businesses of all sizes. Whether you’re an entrepreneur seeking capital to launch a new venture or an established enterprise looking to scale operations, business loans play a crucial role in fueling growth.

The traditional banking sector, however, often falls short in addressing the unique and diverse needs of modern businesses, leading to the rise of FinTech companies specializing in business-to-business (B2B) loans. These innovative platforms are revolutionizing the way enterprises secure funding by offering faster, more accessible, and tailored solutions that align with the dynamic demands of the U.S. market. In this listicle, we will explore FinTech companies in the U.S. that are at the forefront of facilitating business loans, highlighting the importance of their offerings in empowering businesses to thrive in a competitive environment.

Listed below are 5 FinTech offering Business loans in the USA:

• Nav Technologies, Inc.

Nav is the financial health platform for small businesses. Nav uses accurate business data to align qualifications so small business owners can find the right loan, credit card, banking and other business service options. Nav’s unique financial health platform shows cash flow and credit insights alongside suggested financing options. It is the only place small business owners can see what financing they may qualify for before they apply. Nav’s platform also seamlessly integrates with other software and websites, making it the leading embedded finance solution for SMBs.

• Biz2Credit

Biz2Credit is focused on funding what’s next for small businesses. It leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform. Biz2Credit  is building the next generation in business lending solutions. Biz2Credit is also the company behind the Biz2X Platform. It is the natural outgrowth of Biz2Credit’s established platform software that brands like HSBC, Oriental Bank, and TATA Capital have chosen to launch new online lending initiatives.

• Capchase

Capchase is the growth partner for ambitious software-as-a-service (SaaS) and comparable recurring-revenue companies. It empowers businesses to grow faster through non-dilutive capital, payments and revenue acceleration software. Its product suite includes Capchase Pay, a specialist B2B buy now, pay later product that lets you close higher-value deals up to 10X faster and collect your total ARR upfront, and Capchase Grow offers flexible, non-dilutive revenue-based financing that gives you access to up to 60% of your ARR in as little as 48 hours.

• Lendio

Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform. Lendio provides purpose-built software that automates small business loan decisioning and underwriting for both banks and digital lenders, uses AI to match small businesses to the financing offers that best meet their needs, and embeds a total small business loan marketplace directly within small business service providers’ platforms, all of which work together to get small businesses access to the capital they need to be successful.

• Fundbox 

Fundbox is an embedded working capital platform for small businesses. As a provider of working capital, the FinTech uses technology to help small companies optimize cash flow. Since 2013, the company has unlocked over $3 billion in capital and connected to over 500,000 businesses.