LQD Business Finance is a Chicago-based, technology-enabled company that provides small and medium sized businesses with structured loans.
LQD Business Finance is a Chicago-based, technology-enabled company that provides small and medium sized businesses with structured loans. The company develops a whole-business financing solution through a single loan product that meets all the aspects of a business’ financing requirements such as acquisition, working capital, purchase orders, and refinancing solutions. LQD Business Finance generates revenue as a percent of its clients’ loan amount. It evaluates the risk of each potential loan by using a proprietary risk management and backing software known as LQD Matrix.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 21, 2016 | Series A | — | 1 |
Fintech Ventures Fund
|
— | Detail |
| Nov 18, 2015 | Debt Financing | $30M | 1 | — | — | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Fintech Ventures Fund
|
Yes | Series A |
Route 66 Ventures
|
— | Debt Financing |