- Source: Behalf
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Behalf offered short-term financing with flexible repayment terms to U.S.-based small businesses, ranging between $300-$50,000.
Behalf pays vendors directly, on behalf of the small business, for the purchase of goods or services. Behalf has headquarters in New York.
Behalf officially ceased to operate on 01.2023.
History
Behalf was founded in 2011 by Benjy Feinberg, Shai Feinberg, and Jeremy Esekow.
In January 2015, Behalf announced a partnership with MasterCard and Comdata. This partnership enables small business financing with almost any vendor that accepts MasterCard.
In July 2015, Behalf raised $119 million from Mission OG, Sequoia Capital, Spark Capital, Maverick Ventures, and Victory Park Capital.
As of February 2016, the Better Business Bureau rates Behalf as A+.
Behalf officially ceased to operate on 01.2023.
References
External links
Official Website