Backd Enters the Fifth Year of Funding Dreams

AUSTIN, TX – (Jan. 2023) – Backd, a commercial alternative business lender, has kicked off its fifth year in business, with a continued commitment to helping business owners fund and develop their dreams through easy-to-access alternative financing.

Last year the company grew exponentially while being named a 2022 Top Workplace by The Austin American Statesman. This is in addition to adding a business line of credit funding option to complement the already popular working capital. With a focus on a quick and convenient turnaround time to help companies that struggle to obtain conventional financing, Backd is looking to grow its financial products that offer flexible financing this year to support small businesses and allow them to truly thrive in 2023.

As part of this commitment, in the closing months of 2022, Backd CEO Xan Myburgh joined the Forbes Finance Council, a collective invitation-only community created in partnership with Forbes and the expert community builders who founded the Young Entrepreneur Council (YEC).

“It’s truly an honor to join this esteemed community,” Xan said. “As entrepreneurs, we are driven to improve upon the status quo, and I intend to provide my own expertise in entrepreneurial financial knowledge while simultaneously learning from the best business leaders the world has to offer.”

About Backd

Backd is a FinTech company headquartered in Austin that provides alternative financing solutions like working capital and line of credit for growing businesses across the nation.

For more information, visit backd.com, email kieran@backd.com or call Kieran at (512) 621-5169.