GetBackd

Feb, 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. 

 

About GetBackd

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.

 

About Finacity

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

 

For more information on this transaction please contact:

Finacity

Paul Jenison

Managing Director

Tel:   1-(203)-428-3511

Email: pjenison@finacity.com

Apr 5, 2024
Finacity Facilitates the Upsize and Renewal of a $250 Million IFRS Off-Balance Sheet Securitization for Votorantim Cimentos North America

Finacity Corporation (“Finacity”), a White Oak Company, announced today that it has successfully renewed and upsized its existing IFRS off-balance sheet trade receivables securitization for Votorantim Cimentos North America Inc.…

Mar 19, 2024
Finacity Facilitates a USD 30 Million Receivables-Based Loan Program for Novaria Holdings LLC with Synovus Bank

Finacity Corporation (“Finacity”), a White Oak Company, and Synovus Bank (“Synovus”) today announced that they have successfully arranged and closed a USD 30 million receivables-based loan program for Novaria Holdings…

Feb 22, 2024
Finacity Reaches Record Milestone: $1 Trillion of Trade Receivables Financed Over the Past 5 Years

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated the funding of more than $1 trillion of trade receivables over the past 5 years on behalf…

Jan 3, 2024
Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.5 Billion with a $1 Billion Accordion Feature for Bunge

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of…

Dec 15, 2023
Finacity Facilitates MXN 1 Billion Securitization for Laboratorios Sanfer, S.A. de C.V.

Finacity Corporation (“Finacity”) announced that it has successfully launched a trade receivables securitization for Laboratorios Sanfer, S.A. de C.V. (“Sanfer”).  The transaction amount is MXN 1 billion, it has a…