About Direct Capital
Direct Capital is a company based in Portsmouth (United States) founded in 1993 was acquired by CIT in June 2014.. Direct Capital has completed 1 acquisition, including Hiway. Direct Capital operates in a competitive market with competitors including Wingspire Capital, TimePayment, AvTech Capital, Innovation Finance and Targeted Lending Co, among others.
- Headquarter Portsmouth, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Direct Capital Corp
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Funding Insights of Direct Capital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Direct Capital
Direct Capital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CIT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of commercial equipment financing services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Direct Capital
Direct Capital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hiway. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hiway is recognized as a carbon neutral pavement specialist in Australasia.
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1986 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Direct Capital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Direct Capital Comparisons
Competitors of Direct Capital
Direct Capital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wingspire Capital, TimePayment, AvTech Capital, Innovation Finance and Targeted Lending Co, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides customized loans and financing to middle market firms worldwide.
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| domain | founded_year | HQ Location |
Equipment financing is facilitated via an online lending platform.
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| domain | founded_year | HQ Location |
Equipment financing is facilitated through an online lending platform.
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| domain | founded_year | HQ Location |
Business equipment financing is facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Equipment financing is provided to small businesses for various needs.
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| domain | founded_year | HQ Location |
Equipment lease-to-own financing is provided to businesses of all sizes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Direct Capital
Frequently Asked Questions about Direct Capital
When was Direct Capital founded?
Direct Capital was founded in 1993.
Where is Direct Capital located?
Direct Capital is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.
What does Direct Capital do?
Direct Capital is a direct lender providing various types of financing up to 1M to small businesses for periods ranging from 30 days to 7 years. The three major offerings are equipment financing and leasing, working capital financing, and franchisee financing. The application can be online or over the phone. As of Apr17, Direct Capital has provided 2.25B financing to 80,000 small businesses from hundreds of different industries. Direct Capital is a division of CIT Bank.
Who are the top competitors of Direct Capital?
Direct Capital's top competitors include Innovation Finance, Targeted Lending Co and TimePayment.
How many acquisitions has Direct Capital made?
Direct Capital has made 1 acquisition, including Hiway.
Who are Direct Capital's investors?
Direct Capital has 1 investor. Key investors include CIT.