The Small Business Lender Rankings (A preliminary peek)
Here’s a peek at how some of the industry’s largest alternative small business lenders were doing for the year in originations as they headed into the last quarter of 2016. This data should be considered an estimate and is obviously not comprehensive. Still, this should give you a clue where some players will end up:
|Lender||Q1 – Q3 2016||FY 2015||FY 2014|
Other small business finance companies do more than just loans, with many doing merchant cash advances. And some companies work to get customers funded through other platforms when prospective customers don’t fit their risk box. The numbers below are origination approximations regardless of whether the customer was ultimately placed on their balance sheet or someone else’s and whether or not the transaction was a loan or MCA.
|Funder||Q1 – Q3 2016||FY 2015||FY 2014|
|Platinum Rapid Funding Group||$135,000,000||$100,000,000|