Wednesday, August 26, 2015

Able Raises $6M For Small Business Finance

Austin-based Able, the small business lending and finance startup founded by Evan Baehr and Will Davis, said Tuesday that it has raised $6M in a Series A funding. The funding came from RPM Ventures and Blumberg Capital. Able leverages an entrepreneur's existing friends and family, matching 75% of a loan request from small businesses, as long as that business is able to raise 25% of what they need from their friends and family. More information »