IOU Financial

IOU Financial provides small businesses access to the capital they need to seize growth opportunities quickly. Typical customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies. In a unique approach to lending, the advanced, automated application and approval system accurately assesses applicant’s financial realities, with an emphasis on day-to-day cash flow. It makes loans of up to $1,500,000 to qualified applicants within 24 hours in most cases. Since 2009, IOU has initiated over $2 billion, comprising more than 11,000 loans to small businesses (SMBs).