BitX Funding Triumphs With Record 2021 Results

Fairfield, CT., January 24, 2022 — BitX Funding, one of the most prominent alternative lenders in Southern Connecticut, announced a banner year for growth in 2021. Overall, revenue increased by 10%, new users increased by 70%, and business applications came in at 1,275% more than the previous year. Out of all the loans that BitX […]

BitX Funding Brokers Million Dollar Financing Deal for Midwest Startup

Online Lending Marketplace Taps Opportunity for Small Business as Traditional Banking gets Sidetracked FAIRFIELD, Conn., Jan. 25, 2021 /PRNewswire/ — BitX Funding, the online lending marketplace known for matching small-business owners with optimal, non-bank lenders, have sourced another $1 Million SBA 7a loan to bolster a business expansion amid a banking bottleneck heightened by the pandemic and a […]

Marketplace Lending At The Crux Of Changing SMB Finance Tides

Originally posted on: https://www.pymnts.com/news/b2b-payments/2019/bitx-funding-smb-marketplace-lending/ The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. The market’s creation was a spark that ignited a slew of disruptive changes in the small business financial services space. Alternative finance, for instance, […]

BitX Funding Creates Immediate Opportunity through SBA’s Paycheck Protection Program

Originally posted on: https://finance.yahoo.com/news/bitx-funding-creates-immediate-opportunity-195200914.html. FAIRFIELD, Conn., April 20, 2020 /PRNewswire/ — BitX Funding, the online lending marketplace known for streamlining finance by matching small-business owners with optimal, non-bank lenders, are fortifying their unique process by partnering with Fintech companies to service loans through the current Paycheck Protection Program. While banks are overwhelmed, the partnership offers […]

BitX Funding Extends $3 Million Line of Credit to Amazon Seller

Originally posted on: https://www.marketwatch.com/press-release/bitx-funding-extends-3-million-line-of-credit-to-amazon-seller-2020-05-04 FAIRFIELD, Conn., May 4, 2020 /PRNewswire via COMTEX/ — FAIRFIELD, Conn., May 4, 2020 /PRNewswire/ — BitX Funding, the online lending marketplace known for matching small-business owners with optimal, non-bank lenders, is facilitating expansion for Amazon third-party (3P) sellers. Fulfill by Amazon (FBA) sellers have a tremendous opportunity to grow with […]