This article showcases our top picks for the best New York based Lending/Financing companies. These startups and companies are taking a variety of approaches to innovating the Lending/Financing industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top New York Lending/Financing Companies
Morgan Stanley, from the number of their offices and employees to the experience of their management and the quality of their financial results, the facts about Morgan Stanley tell an impressive story. Morgan Stanley and its people have helped redefine the meaning of financial services.
The firm has continually broken new ground in advising their clients on strategic transactions, in pioneering the global expansion of finance and capital markets, and in providing new opportunities for individual and institutional investors. Morgan Stanley maintained comprehensive corporate governance guidelines for years before corporate governance became headline news..
Octane is a Fintech company whose mission is to connect people with their passions. The $21B Powersports market is fast and fun, but the purchasing process is slow and frustrating.
Octane is changing that through automated underwriting, innovative credit products, and financing through our in-house lender Roadrunner Financial. Octane reaches millions of riders through editorial brands like CycleWorld.com and helps consumers buy their favorite vehicles with instant, frictionless financing on Octane.co..
Founded in 2016, Better.com democratized the home-financing ecosystem, replacing it with a digitized process that eliminates commissions, fees, unnecessary steps, and time-wasting branch appointments. In addition to providing mortgage rates in seconds, Better.com’s platform offers a digital marketplace featuring competitive quotes from an array of insurance providers for seamless purchase of a homeowner’s insurance policy and instant access to leading real estate agents across the country.
To date, Better.com has done $7.9B in home loans and $1B in insurance.. .
Biz2Credit is focused on funding what’s next for small business. We leverage data, cash flow insights, and the latest technology to give business owners an automated small business funding platform.
Biz2Credit has provided over $3 billion in small business loans and financing. With over 350 employees globally, our team – made up of top-notch engineers, marketers and data scientists – is building the next generation in business lending solutions.
Biz2Credit is also the company behind the Biz2X SaaS Platform. Biz2X 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.
AI-Powered Digital Banking: Automates Lending. Optimizes Risk Management.
Improves Efficiency. Built For Any Size Bank.
Biz2Credit raised $52M Series B in 2019 and is headquartered in New York City. Visit us at www.Biz2Credit.com to learn more.
Fundera provides expert insights and tailored options—from loans to credit cards to bank accounts—so business owners can shop and compare financial choices they often don’t know they have. We partner throughout every stage of their business, helping them weigh the best-fit financial options based on their current needs and eligibility.
Through the combination of our proprietary technology and financial expertise, business owners are able to make their smartest business decisions yet.. .
Climb Credit (NMLS# 1240013) is an innovative student lending platform that makes career creation and transformation more accessible, affordable, and accountable than ever before. Driven by a mission to empower individuals to unlock their career potential – no matter what their credit profile – Climb identifies programs and schools with a demonstrated ability to improve the earnings of their graduates.
Then they provide learners with financing options that are priced and structured to meet the unique needs of those seeking career elevation and increased earning power. Recognizing the dynamic and diverse nature of an economy in rapid change, Climb partners with schools that teach everything from cybersecurity to pilot training, heavy machine operation to data science, and culinary arts to coding.
While some colleges are struggling to meet the real-world needs of their students, Climb and its partner schools are committed to an inspiring practicality that brings real career results as individuals Own Their Next chapter.. .
dv01 is the world’s first end-to-end data management, reporting and analytics platform offering loan level transparency and insight into lending markets, making them more efficient for institutional investors and safer for the world. In a nutshell, we’re doing our part to prevent a repeat of 2008.
As the technological hub between lenders and capital markets, dv01 provides all parties with unprecedented data transparency, insight, and analytics. dv01 has integrated data from 16 marketplace lending platforms, including LendingClub, Prosper and SoFi and multiple mortgage servicers.
To date, dv01 has provided reporting and analytics on $105 billion of online lending and mortgage loans and $35 billion of securitization coverage.. .
Bond Street is a startup focused on transforming small business lending through technology, data, and design. Small business owners are the foundation for growth in the economy, and yet today’s banking system has left them behind.
It is building a better future where access to financing is simple, transparent, and fair. The company was founded in 2013 and is headquartered in New York, New York..
CoVenture invests in technology through multiple strategies. Their unique capital base allows them to invest in early-stage companies, in special situations, and in emerging assets.
They provide and manage alternative direct credit opportunities and invest in early-stage technology companies.. .
Fund That Flip
Fund That Flip is an online platform for investing in short-term residential real estate debt. Their award-winning fintech platform focuses on raising capital for the residential rehab loan market and passive wealth generation for peer-to-peer lenders.
With offices in New York City and Cleveland, Fund That Flip helps restore communities across the United States through its network of experienced, dedicated redevelopers backed by a diverse base of institutional and individual investors. Fund That Flip ranked on the 2019 Inc.
500 list of the nation’s fastest-growing private companies. Additional information can be found at www.fundthatflip.com..
LendingFront is a complete white-label small business lending/credit software platform for banks and other financial institutions. Our cloud-based solution offers a set of integrated or standalone modules covering all aspects of the financing process including application intake and workflow, underwriting, decisioning, offer presentation, monitoring, partner/broker relationships, syndication and servicing.
Our platform offers clients the ability to automate as much of the lending process as they choose, while retaining full control and manual oversight where desired. Our clients range from fast-growing online-only credit providers to $10bn+ financial institutions.
Our founding team includes pioneers in small business lending technology from American Express, Capital One, and OnDeck and others.. .
The Forest Road Company
The Forest Road Company is a financing company that provides financing services to the entertainment, real estate, and renewable energy industries. The company lends against U.S.
tax credits and provides an incentive loan process that allows for immediate distribution of funds. The Forest Road Company’s real estate, renewable energy, and film financing capabilities result in the completion of important projects, and the creation of jobs, increased tourism, and infrastructure growth in states..
For nearly a decade, Merchant Cash and Capital, LLC has been an industry leader in providing alternatives to traditional funding sources and an innovator in providing merchant cash advances and other financial services to businesses in the retail, restaurant and services industries. MCC and its affiliates specialize in offering a unique avenue to funding by “purchasing” a small, fixed percentage of future credit card revenues and advancing that money to qualified businesses up-front.
The MCC philosophy is to seek a funding option for almost every business that qualifies, regardless of credit history with no strings attached, no hassles, no hidden fees or unreasonable repayment requirements. MCC seeks to be a partner in helping businesses reach their potential by providing the funds required..
Evans Bank is a one-bank holding company formed with Evan National Bank as its only subsidiary. Since 1920, Evans Bank has valued its position as a community-based financial institution, dedicated to fostering relationships with its customers and the communities they serve.
Through their affiliate companies, The Evans Agency, Evans Investment Services, and Evans National Leasing, they are able to offer a suite of products and services that are tailored to meet the needs of both retail and business customers.. .
The Credit Junction
The Credit Junction is the first data-driven asset-based lending platform and is transforming the way small and mid-size businesses access working capital, growth, and supply chain financing solutions. The company combines technology and data intelligence with traditional asset-based credit metrics and offers up to $7.5 million in capital availability.
The Credit Junction targets growth-oriented suppliers, distributors, and manufacturers typically with revenues between $5M and $50M. It was founded in 2014 and is headquartered in New York, United States..
As the world economy becomes more volatile, Biteris creates ways to circumvent poverty. Essentially, our digital tokens can be used by anyone anywhere around the world to invest, reinvest or receive funding for a project or business idea.
Ultimately our crypto-tokens are converted from fiat currency into an investment tool that anyone in the world can have access to. Biteris not only funds businesses and real estate projects, but also grants funding for education and social projects that create sustainability for the general public can be offered..
Touch Press integrates the award-winning portfolios of three leading app developers to form a digital education and publishing powerhouse for the Touch Generation. The formation of Touch Press represents an unprecedented investment in educational games, apps, and reference content, with the objective of delivering a lifetime of learning content to consumer and schools markets.
The three portfolios comprise a truly unique suite of apps, delivering a contiguous collection of content from kindergarten through middle-school and beyond.. .
Salaryo is a financial technology company providing instant and affordable financing and digital banking products for small businesses. The company provides fully-digital business term loans and lines of credit for small businesses.
It finances entrepreneurs and freelancers. Salaryo accelerates its growth by offering cash flow relief to small businesses in selected business categories, processing over $200 million in loan applications year to date.
Its lending technology features a fully automated experience, featuring KYC (Know Your Client), financial and professional analysis, payment processing, and e-signatures, to make a decision in minutes.. .
Being the first-ever student loan comparison tool, AchieveLending.com offers users a free online portal to search, find, and compare student loans. Designed to help both traditional and non-traditional students find the best student loans, Achieve Lending is the first tool of its kind to aggregate loan offers for those seeking private financing for educational purposes.
It takes just 30 seconds to find and choose the best loan available. Learn more at www.AchieveLending.com Become an Achieve Lending Affiliate on Commission Junction: http://bit.ly/1ylqddi.
Creditor.ai is a turned down loan applications marketplace. We allow lenders to optimize their marketing budgets by selling their rejected leads through our platform to other lenders or buying other lenders rejected.
Statistic said that 10-15% of all turned down loan applications are rejected because of scoring settings and in the end of all this 15% is good borrowers. But every lender has the different scoring model and there is a big chance to find some new clients in other rejected or sell your unused leads to somebody.
That’s why we created Creditor.AI. .
With clients in over 100 countries worldwide, Bright!Tax is the go-to cloud based US income tax preparation firm most sought after by the 7 million Americans who are living abroad. US expat tax.
All CPAs. Fanatical support.
Kapitus is a small and medium-sized business financing provider. As a direct lender and a marketplace built with a trusted network of lending partners, Kapitus provides small businesses the financing they need, when and how it is needed.
With one application business owners can save time and money, while eliminating the stress that comes with applying to different lenders. At Kapitus, they believe that business owners should be able to focus on running their business, while we take care of the financing.
Andrew Reiser founded it in New York, New York in 2006.. .
Community Capital Technology
Community Capital Technology is a digital loan trading exchange and business intelligence platform providing financial institutions along with other originators and credit investors a simpler, more cost effective and transparent way to buy, sell and/or participate out loans of any type. Our proprietary solution provides Regional Banks, Community Banks, Credit Unions, and CDFIs, as well as other third party originators and investors (Credit Funds/Investors, Family Offices, Insurance Companies, Marketplace Lenders), access to a highly liquid nationwide exchange and analytics toolset to drive better, faster decision-making and higher transactional success rates in buying, selling and evaluating loans on the secondary market.
Using our intuitive online marketplace, you can easily post loans, or find and connect directly to other buy or sell partners or loan opportunities of interest real time, without brokers or other intermediaries.. .
In 1998 TCI changed the lending landscape by introducing the first cloud-based SaaS loan origination solution developed specifically for the Internet. In the decades since, TCI continued to evolve the lending process by enabling their customers to completely eliminate as much of the paper process as they desired.
But new technology tools and a rapidly evolving lending landscape required a break from the past. A blank page, a fresh start, so that all the input from their customers could be combined with their creative energy to create a revolutionary product.
Their customers wanted new capabilities- dashboards, analytics, full control of the workflow, compliancy- the flexibility to create their own lending environment without requiring IT resources or developers. Easily enabling a lenders unique marketplace needs, DecisionLender4 is a market transformative experience..
INSART is a software development partner for Fintech companies. We help our clients build great Fintech products by providing highly skilled engineers.
We believe that well-structured teams, processes & architecture are essential to delivering exceptional results. Our expertise shows that business domain knowledge in various aspects of finance plays a crucial role in the success of every Fintech product.
That’s why we pay attention to the onboarding process during which developers pass our training stage where they learn the industry, product and project details. At INSART, we have also established the Financial Literacy Training Program for our team members.
Gained knowledge allows them to improve their own financial health, as well as apply it while building financial services software for our clients. We work with Fintech startups and established Financial Companies from Wealth Management, Insurance, Payments, Fundraising, Lending, Trading and Real-Estate industries.
– AdvisorEngine: Wealth Management Software Platform. – SalsaLabs: Fundraising and Marketing Platform for Nonprofits.
– PAY.ON: Payment Gateway. – OpenPay: a Payment Processing Platform.
Based in New York, United States, BoeFly is an online marketplace that leverages proprietary technology to transform that way commercial transactions are conducted. It acts as an online exchange that connects all parties involved in a transaction, thereby simplifying loan origination and secondary market loan sales.
Borrowers build a complete decision-ready loan request online using “SmartForm” technology which, when completed, provides the information that over 3,600 lenders nationwide. Once the matching technology identifies compatible lenders, borrowers then have complete control over which lenders can instantly access their loan request.
The company was founded in 2008.. .
La Nacional provides money transfer services through retail stores and agents. With more than 35 years of experience in the money transfer industry, we are the first and largest company of purely Hispanic capital.
We operate in 34 states of the American Union, serving more than 94 countries, through our extensive network of more than thirty-five thousand (35,000) payment points. It began operation in 1984, with its headquarters in New York City..
Seven Seas Funding
Seven Seas Funding is a Non-Bank Financial Service helping small businesses get fast access to cash, funding, small business loans and advances. we cater to all types of businesses and have an array of different loan options.
We’re here when your bank isn’t.. .
ModernLend is an online lender using machine learning to underwrite and lend to creditworthy borrowers who don’t have a full FICO history. By understanding your education, employment and financial background, we can determine your creditworthiness without requiring SSN or FICO credit score.
ModernLend is a portfolio company in Entrepreneurs Roundtable Accelerator, raised VC equity funding, won BBVA Bank’s Global FinTech Competition and Wired Money’s Startup Stage Competition, and is currently partnering with a bank to issue credit cards customized for international citizens. .
MoFin is a non-bank mortgage lender devoted to rental property finance. Their mission is to offer lending solutions to rental property owners that banks don’t provide.
They do this by using a unique underwriting approach that is different from traditional lenders: instead of focusing on your personal income and credit history, they look at the income generated from your rental property and your experience as a homeowner. By unlocking new loan options, they help owners increase their cash-on-cash returns and grow their rental property portfolios.
They also make the mortgage process easy and efficient with their fully online, automated systems.. .
Bonsai Finance was founded on the belief that personal finance is confusing. Their goal is to become the best resource for individuals looking to answer questions and solve financial problems.
They do this by providing the most relevant information, new, advice, and tools, as well as seamless access to the best offers for financial services. They want to help you improve your financial situation over time by being the one-stop shop for all your financial needs..
Eaglewood Capital Management
Eaglewood Capital Management is a New York-based investment firm and SEC-registered investment advisor specializing in online lending strategies. Founded in 2011 by Jon Barlow, Chief Executive and Investment Officer, Eaglewood Capital Management is a leading investment firm in the online lending space and employs superior credit analysis and loan selection strategies.
Eaglewood has built proprietary software and tools to aid in the loan selection process and established its first fund, Eaglewood Income Fund I, LP (“Fund I”), in 2012 to actively invest in and manage P2P consumer loans. In addition to Eaglewood’s first fund, the firm also offers separately managed accounts as well as customized deal structures for investors seeking highly specialized transactions.
The firm seeks to provide its investors with risk-adjusted returns superior to those of traditional fixed income investments by focusing on strategies that offer a compelling combination of yield, credit quality and duration while minimizing volatility of returns and correlation to other asset classes. Since 2011, the Eaglewood team has grown to include investment professionals with a collective of 70 years of experience in financial services, focused on continually innovating new investment products, setting industry standards in the online lending space and servicing its investors with the highest level of quality and care..
VestedInterest an income-based student financing option that better aligns the cost of your education with the value you receive. We do that by offering Income Sharing Agreements – in exchange for financing your education, we take a small percentage of future income for a limited time.
The ROI on higher education is becoming more unpredictable for students and the debt burden overwhelming. In particular, the debt burden for professional school students (business, medicine, and law) is growing faster than ever.
That’s why VestedInterest is focused on providing ISAs for professional students (medicine, law, business, etc.).. .
GC Global Ventures LLC
GC Global Ventures transacts within the financial/technology services. Strategic Consulting and Business Intelligence.
Its mandate is to ensure compliance and secure the integrity of its projects and clients. The vision is a globally-sourced matching and servicing platform with a proprietary suite of services.
Disruptive innovation returns disruptive technologies by removing the barriers to professional markets. Our goal is to eliminate the gap that exists between consumers and service providers.
GC Global Ventures is an innovative company, comprised of an expert team with years of industry experience in providing business owners with an alternative source of strategic action. Our relationships with our industry partners allow us to get the impossible campaigns done, and our commitment to our clients ensures that every possible pathway is fully-explored and executed.
Our wheelhouse consists of small businesses who desire to leverage their success to open new results not tapped into yet. GC Global Ventures is an innovative company, comprised of an expert team with years of industry experience in providing business owners with an alternative source of strategic action.
Our relationships with our industry partners allow us to get the impossible campaigns done, and our commitment to our clients ensures that every possible pathway is fully-explored and executed.. .
Wall Street Funding
Wall Street Funding is providers of small business loans, helping numerous organizations with their capital needs. The management team has over 50 years of combined alternative lending experience.
They were all small business owners and are sensative to the issues that arise with running a small business. By offering funding against a business’ future receivables, They are able to help businesses who are typically turned away by banks obtain working capital.
They have been providing funding since 2009 and have helped over 10,000 small businesses. Whether it is for inventory, pay off a tax lien, new hires, or even to make payroll Wall Street Funding is your alternative lending source.
They are an accredited member of the Better Business Bureau and hold an A+ rating. They are located in New York City..
Lendvious providess an online marketplace that allows individuals to look for personal loans from lenders. It offers an online loan marketplace where users can compare and shop for loans and receive prequalified offers in real time from more than 15 lending partners.
It helps them save time by sending loan requests to multiple lending partners in real time. This saves them the time and effort of visiting different websites or bank branches to find loan offers.
It began operation in 2011, with its headquarters in New York City.. .
Max Advance Merchant Services is a privately held company based in New York City. Max Advance believes in the strength and power of U.S.
small businesses and knows how difficult it can be to raise capital during periods of early growth or slow economic cycles. Max Advance was founded to address this need by offering a full line of small business financing and payment services to help small businesses grow and thrive.
The Max Advance management team is composed of financing, sales, payment industry and credit card marketing experts ready to help you take advantage of their 30 plus years of industry expertise.. .
Credit Union Lending Exchange
Credit Union Lending Exchange offers credit unions with a digital solution to manage lending operations online. The digital lending solution features marketing and lead generation, loan origination, risk management, analytics, and loan syndication.
Michael Taormina, Sumeet Gupta, and Kirk Kordeleski founded Credit Union Leding Exchange in 2016. It has its headquarters in New York City..
Excelsior Growth Fund
Excelsior Growth Fund (EGF) promotes economic development and job creation in New York State by providing streamlined access to small business loans and business advisory services. Excelsior Growth Fund is a not-for-profit 501(c)(3) and certified by the U.S.
Department of Treasury as a Community Development Financial Institution (CDFI).. .
Empire Business Funding
Empire Business Funding is a full service alternative lending company. They specialize and focus on the needs of small and medium-sized businesses.
Their entrepreneurial and seasoned staff knows what it’s like to operate payroll to payroll and is dedicated to providing small businesses access to critical growth capital with their flexible and timely financing programs. They provide financing to a wide range of businesses including but not limited to: retailers, restaurants, medical professionals and wholesalers..
Gain Cap is a financial service company that provides a full range of structured financing solutions for SME Finance lenders. They focus on two areas of the business eco-system, improving the operations of an existing business and growth opportunities.
Leveraging the existing business receivables, assets, and other stakes in the business, they partner with their clients to initiate turn-around and growth projects by creating credit facilities that have a direct line to scalable capital. Gain Cap was founded in 2012 and is headquartered in New York, NY, United States..
Since 2011, Hamptons Financial has earned an exceptional reputation for funding complex and situational real estate loans. An alternative to traditional bank lending, They specialize in bridge loans and other structured debt products that finance real estate opportunities typically underserved by larger financial institutions and funds.
Their private equity based loans are designed for opportunistic situations, including acquisitions, discounted noted buybacks, note acquisition financings, transitional properties, capital improvements, partner buyouts, and transactions requiring time-sensitive closings. Hampton Financial’s team experience consists of over 350 loan originations totaling more than $500mm in volume..
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