Old Hill Partners Upsizes Funding Commitment to ByzFunder Up to $40 Million
ByzFunder, a leading alternative finance company specializing in small business financing, today announced that Old Hill Partners Inc. has increased its existing funding commitment to ByzFunder to up to $40 million. This strategic move underscores the continued confidence of institutional investors in ByzFunder's business model and its commitment to supporting small businesses across the United States.
About ByzFunder
ByzFunder is dedicated to providing fast, flexible financing solutions to small businesses that may not qualify for traditional bank loans. With a focus on speed, transparency, and customer service, ByzFunder has helped thousands of small businesses access the capital they need to grow and thrive.
About Old Hill Partners
Old Hill Partners Inc. is a Connecticut-based investment manager specializing in alternative credit strategies. The firm has a long history of providing capital to non-bank lenders and has deep expertise in the alternative finance sector.
Significance of the Funding
This increased funding commitment will allow ByzFunder to expand its lending capacity and serve even more small businesses across the country. It's a testament to the strong performance of ByzFunder's loan portfolio and the robust demand for alternative small business financing.