February 2021 by Finacity
Stamford, CT / Austin, TX – February 9, 2021 – Finacity Corporation (“Finacity”), has assisted with the launch of a new financing program for Austin Business Finance LLC (trading as “GetBackd”), a nationwide SME commercial lender.
GetBackd is an experienced FinTech company headquartered in Austin, Texas, specializing in financial solutions for small and medium sized business enterprises. GetBackd has experienced exponential growth by employing proprietary technology for underwriting and client acquisition. Using their internally developed risk-adjusted pricing model, GetBackd has positioned themselves to facilitate their projected growth for years to come. Xan Myburgh, CEO of GetBackd, said “the new funding facility will immediately address our capital requirements for 2021 and beyond. As the economy rebounds from the COVID pandemic, this facility strategically positions GetBackd to fully support businesses and assist in their growth and success moving forward”.
For further information please visit: www.getbackd.com.
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US$100 billion. With resources in the US, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com
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