Behalf

Behalf [1] offers short-term financing with flexible repayment terms to U.S.-based small businesses, ranging between $300-$50,000. Behalf pays vendors directly, on behalf of the small business, for the purchase of goods or services. Behalf has headquarters in New York.

History

Behalf was founded in 2011 by Benjy Feinberg, Shai Feinberg, and Jeremy Esekow. In July 2015, Behalf raised $119 million from Mission OG, Sequoia Capital, Spark Capital, Maverick Ventures, and Victory Park Capital.[2]

In January 2015, Behalf announced a partnership with MasterCard and Comdata.[3] This partnership enables small business financing with almost any vendor that accepts MasterCard.[4]

As of February 2016, the Better Business Bureau rates Behalf as A+.[5]

References
  1. "Home". behalf.com.
  2. Chernova, Yuliya (29 July 2015). "Behalf Lands Credit, Equity as Funding for Lending Startups Hits Record". Wall Street Journal.
  3. "Challenged by Upstarts, Lenders Try New Strategy: Cooperation". 8 January 2015.
  4. "Comdata, Behalf and MasterCard enter strategic alliance".
  5. "Behalf Inc in New York". BBC.
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