Break Bread Lending provides private working capital loans and factoring receivables, utilizing proprietary data analysis from over 1,600 data points to enhance approval rates for businesses that typically struggle to secure funding. By offering customized financing solutions with rapid disbursement, the company addresses the immediate capital needs of entrepreneurs facing traditional lending barriers.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many small businesses struggle to access working capital due to stringent requirements and slow processes at traditional lending institutions. These businesses often face challenges in securing funding because they may have limited credit history or unconventional financial profiles. This lack of access to capital can hinder growth and prevent them from seizing immediate opportunities.
Solution
Break Bread Lending provides customized working capital solutions, including lines of credit, cash advances, SBA finance, and startup funding, to businesses that may not qualify for traditional loans. The company leverages proprietary data analysis, incorporating over 1,600 data points, to assess risk and increase approval rates. By utilizing private capital and partnerships with private lenders, Break Bread Lending offers flexible financing options tailored to each business's unique needs. Funds can be disbursed rapidly, often within 24-48 hours, enabling businesses to address immediate financial needs and capitalize on timely investment opportunities.
Target Audience
The primary target audience includes small business owners and entrepreneurs who have difficulty securing funding from traditional banks and lending institutions due to credit limitations or unconventional financial profiles.
Features
- Custom-tailored funding plans based on individual business needs.
- Lines of credit based on proprietary data scraping from over 1600 data points.
- Revenue-based financing options for businesses without strong credit scores.
- SBA loan assistance for payroll, debt refinancing, and marketing expenses.
- Startup funding options with 0% interest for 6-12 months (requires 700+ credit score or cosigner).
- Rapid disbursement of funds, often within 24-48 hours.