IOU Financial
IOU Financial is an online lender that provides working capital to small businesses. Their customers typically include medical and dental practices, retail and grocery stores e-commerce companies, and restaurant & hotel franchises. Through an innovative platform which connects to dozens of data sources, IOU Financial can aggregate and automatically process hundreds of data points on a business in seconds. Their automated application and approval system accurately assesses applicant’s financial realities, with an emphasis on day-to-day cash flow.
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Top IOU Financial Features
- Fast 3-minute application
- Pre-approved in seconds
- Funding within 24 hours
- Fixed daily payment options
- Flexible repayment schedules
- Minimum annual revenue $120
- 000
- Established business for 1 year
- 80% ownership requirement
- Strong partnerships with businesses
- Proprietary credit expertise
- Thousands of trusted clients
- No long waiting periods
- Cashflow-friendly loan structure
- Focus on profitable growth
- Simple online application process
- Dedicated small business support
- Comprehensive FAQs available
- Corporate and leadership transparency
- Access to small business blog
- Partner application opportunities.
