About Evolocity
Evolocity is a company based in Montreal (Canada) founded in 2008 was acquired by OnDeck in April 2019. Evolocity offers products and services including Business Term Loan, Business Line of Credit, and Flex Funds Advance. Evolocity operates in a competitive market with competitors including 2M7 Financial Solutions, Capital Advance, Peerfunder, Conquest Financial Services and EFSA, among others.
- Headquarter Montreal, Canada
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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 Journey Capital Inc
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Products & Services of Evolocity
Evolocity offers a comprehensive portfolio of products and services, including Business Term Loan, Business Line of Credit, and Flex Funds Advance.
Fixed-term financing to support business growth and milestones.
On-demand funding for immediate business cash flow needs.
Variable-term funding aligned with business seasonal fluctuations.
Funding Insights of Evolocity
Investments & Acquisitions by Evolocity
Financial Statements - Evolocity
Evolocity Comparisons
Competitors of Evolocity
Evolocity 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 2M7 Financial Solutions, Capital Advance, Peerfunder, Conquest Financial Services and EFSA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Offers funding to small businesses via cash advances and flexible payments.
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| domain | founded_year | HQ Location |
Provides unsecured loans and merchant cash advances to support small business operations.
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| domain | founded_year | HQ Location |
Operates a P2P marketplace for revenue-sharing business financing options.
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| domain | founded_year | HQ Location |
Delivers payment processing solutions and merchant cash advances to support business financial needs.
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| domain | founded_year | HQ Location |
Offers fast financing and merchant cash advances to Canadian business owners.
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Frequently Asked Questions about Evolocity
Evolocity was founded in 2008.
Evolocity is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Evolocity is a provider of small business loans and merchant cash advances up to 300K to SMBs. The application process is entirely online, and the organization claims to disburse loans within 48 hours. To be able to qualify, the business must have an active commercial lease, average monthly sales of at least 15,000, and should have been in business at least 6 months. Clientele includes franchise owners of restaurant chains Burger King, SubWay, Caseys. As of March17, Evolocity has funded 100M to 2100 businesses till date.
Evolocity's top competitors include 2M7 Financial Solutions, Capital Advance and Peerfunder.
Evolocity offers Business Term Loan, Business Line of Credit, and Flex Funds Advance.
Evolocity has 1 investor. Key investors include OnDeck.