Bizfi Secures Additional $20 Million Financing

| By:

Small business capital marketplace Bizfi has secured a $20 million investment from New York-based investment manager Metropolitan Equity Partners, supplementing the $65 million infusion in December last year.

Bizfi said this capital will be used to expand and optimize its funding programs and develop an effective marketing campaign to advertise those better.

“Our relationship has deepened over the past few months and when the opportunity to raise additional capital presented itself, MEP was the most logical partner,” said Stephen Sheinbaum, Bizfi founder.

Bizfi has so far crossed $1.7 billion in financing to more than 30,000 small businesses since 2005 with partners like OnDeck, Funding Circle and Kabbage.

Last modified: April 20, 2019
Srividya KalyanaramanSrividya's work has appeared in publications like Money magazine, Advertising Age, FirstPost and The Economic Times. She has also dabbled in business intelligence solutions, and holds a Masters degree in Business and Economic Reporting from NYU.

Category: merchant cash advance

Home merchant cash advance › Bizfi Secures Additional $20 Million Financing

    Bitty Advance

    Balboa Capital

    National Funding

    Symplifi Capital

    Unique Funding Solutions

    Meridian Leads

    Smart Business Funding


    Fresh Funding

    Better Accounting Solutions

    Fox Business Funding

    Wynwood Capital Group

    deBanked CONNECT MIAMI


    Amerifi Capital

    Velocity Capital Group

    South End Capital

    Hunter Caroline

    Spartan Capital

    Paz Funding Source

    Fenix Capital Funding

    Total Merchant Resources

    IAC - In Advance Capital

    Green Note Capital


    ROK Financial

    CFG Merchant Solutions