MCC and BizFi Founder Stephen Sheinbaum on BloombergAugust 4, 2015 | By: Sean Murray
Earlier today on Bloomberg TV:
“Automation doesn’t mean no underwriting,” said Stephen Sheinbaum, the founder of Merchant Cash and Capital and BizFi.
Sheinbaum also said that they have never raised an equity round from an institution.
“We do want to go public,” he added. If they can obtain an equity investor, he put their timeline to go public at 12 to 18 months.
Watch the video below:
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.