IOU Financial

Kennesaw, United States Founded: 2006 • Age: 20 yrs
Working capital loan provider to small businesses.
Annual revenue - Latest available
Total funding - 6 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About IOU Financial

IOU Financial is a company based in Kennesaw (United States) founded in 2006. IOU Financial offers products and services including Small Business Loans, Term Loans, and Renewal Loans. IOU Financial operates in a competitive market with competitors including Nav, Figure, Fundbox, eCapital and SellersFi, among others.

  • Headquarter Kennesaw, United States
  • Stage Public
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Iou Financial Inc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
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Products & Services of IOU Financial

IOU Financial offers a comprehensive portfolio of products and services, including Small Business Loans, Term Loans, and Renewal Loans.

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Primary

Provides quick funding for business operations and growth

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Offers fixed-term financing for specific business needs

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Extends existing loans to support ongoing business requirements

People of IOU Financial

Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Jake Lovesy
Sales Team Lead
People
Madeline Wade
Executive Vice President Of Operations
People
Dailey Joy Foster
Executive Assistant To Chief Executive Officer
People
Elizabeth Hargrove Lowman
Marketing And Communications

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Funding Insights of IOU Financial

Investors in IOU Financial

IOU Financial has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include MidCap Financial, Fintech Ventures Fund and Dancap Family Investment Office.

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Venture Fund
Investor Description Founded Year Domain Location
Private debt funds are managed across multiple sectors.
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Fintech Ventures Fund is focused on supporting fintech startups.
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A family office managing investments across diverse asset classes.
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Investor details for IOU Financial

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by IOU Financial

Investments
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Investment portfolio details for IOU Financial

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - IOU Financial

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Detailed financials for IOU Financial

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  • Profit trends
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Iou Financial Comparisons

IOU Financial Primary company
Description
Working capital loan provider to small businesses.
Location
Kennesaw, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for IOU Financial

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Competitors of IOU Financial

IOU Financial 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 Nav, Figure, Fundbox, eCapital and SellersFi, among others.

Company Name Domain Founded year HQ Location Description
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Business credit monitoring and financing are provided to small owners.
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Figure is recognized as a leading non-bank HELOC lender in the U.S.
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Business loans are facilitated via an AI-driven platform.
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Provider of asset-based, supply chain, and invoice financing solutions
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Online lending platform for business financing
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Business loans are matched via an online lending marketplace.
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Detailed competitors of IOU Financial

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Latest news on Iou Financial

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Complete news archive for IOU Financial

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Frequently Asked Questions about IOU Financial

IOU Financial was founded in 2006 and raised its 1st funding round 5 years after it was founded.

IOU Financial is headquartered in Kennesaw, United States. It is registered at Kennesaw, Georgia, United States.

IOU Financial is a US based provider of working capital loans to small businesses. It offers fixed interest loans from 5,000 to 150,000 for a loan tenure of 6,9 or 12 months with a personal guarantee of the borrower. It has, so far, offered loans of 200M to a range of businesses like medical, dental, grocery and retail for purposes such as expansion, inventory building, purchases etc.

IOU Financial's top competitors include Figure, eCapital and Nav.

IOU Financial offers Small Business Loans, Term Loans, and Renewal Loans.

IOU Financial has 3 investors. Key investors include MidCap Financial, Fintech Ventures Fund, and Dancap Family Investment Office.

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