Bizfi
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  1. #1

    Bizfi

    Is this another company under the MCC umbrella?

    http://www.bizfi.com

  2. #2
    Senior Member Reputation points: 16720
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    Yes.

  3. #3
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    yes, heard from people who saw the presentation at Lendit that it looked really good
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
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    Email: john@horizonfundinggroup.com

  4. #4
    Quote Originally Posted by MCAVeteran View Post
    Is this another company under the MCC umbrella?

    http://www.bizfi.com
    All the same company, looks a lot like Fundera and other lead sites that promise 3-5 quotes, etc...... Nice designs though

  5. #5
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    I think this is a classic scenario of a big company realizing that a few little companies are making a dent (the pure marketplace model) and competing against them but with a much larger marketing and PR budget behind them.

    As an example, a few days after BizFi launched, Steve Sheinbaum appeared on Bloomberg TV to talk about it.

  6. #6
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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  7. #7
    Agreed, I was just pointing out I didn't see any new tech behind it yet or anything. Def smart for them to do it though.

  8. #8
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    I think the challenging part for startups that are marketplace-only in business lending, is that it is easily replicated. Most funders and lenders are open to integrations and API connections with the hope that they might get some deals from it. The entire business becomes about marketing budget and strategic partnerships.



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