Financeit, a Canadian platform that enables businesses to offer consumer financing to their customers from any device, secured debt financing from BEST Funds.
The amount of the deal was not disclosed.
The company intends to use the funds to consolidate growth in Canada and to focus on US expansion.
Led by CEO and Co-Founder Michael Garrity, Financeit is a platform that allows businesses to offer consumer financing to their customers from any device. Since launching in 2011, the company has signed up over 3,500 retail, vehicle, home improvement and healthcare businesses that have processed more than $700 million in loans.
FinSMEs
13/11/2014