IOU Financial

IOU Financial provides successful 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 the applicant’s financial realities, with an emphasis on day-to-day cash flow. It makes loans of up to $500,000 to qualified applicants within 24 hours in most cases.

IOU Financial has been lending to small businesses since 2009 and funded over US$854 million in loans. Its headquarters are in Montreal Canada, and its North American operations center is in Atlanta, Georgia.