Behalf
Behalf {{cite web |url=http://www.behalf.com/ |title=Home |website=behalf.com}} offered short-term financing with flexible repayment terms to U.S.-based small businesses, ranging between $300-$50,000.
Behalf pays vendors directly, on behalf of the small business, for the purchase of goods or services. Behalf has headquarters in New York.
Behalf officially ceased to operate on 01.2023.{{Cite web |title=Behalf |url=https://finder.startupnationcentral.org/company_page/behalf |access-date=2023-10-15 |website=finder.startupnationcentral.org |language=en}}
History
Behalf was founded in 2011 by Benjy Feinberg, Shai Feinberg, and Jeremy Esekow.
In January 2015, Behalf announced a partnership with MasterCard and Comdata.{{Cite web|url=https://dealbook.nytimes.com/2015/01/07/challenged-by-upstarts-lenders-try-new-strategy-cooperation/?_r=0|title=Challenged by Upstarts, Lenders Try New Strategy: Cooperation|date=8 January 2015 }} This partnership enables small business financing with almost any vendor that accepts MasterCard.{{Cite web|url=http://www.thepaypers.com/online-payments/comdata-behalf-and-mastercard-enter-strategic-alliance/758075-3|title=Comdata, Behalf and MasterCard enter strategic alliance}}
In July 2015, Behalf raised $119 million from Mission OG, Sequoia Capital, Spark Capital, Maverick Ventures, and Victory Park Capital.{{Cite news|url=https://blogs.wsj.com/venturecapital/2015/07/29/behalf-lands-credit-equity-as-funding-for-lending-startups-hits-record/|title = Behalf Lands Credit, Equity as Funding for Lending Startups Hits Record|newspaper = Wall Street Journal|date = 29 July 2015|last1 = Chernova|first1 = Yuliya}}
As of February 2016, the Better Business Bureau rates Behalf as A+.{{cite news|url=http://www.bbb.org/new-york-city/business-reviews/financial-services/behalf-inc-in-new-york-ny-136729/|work=BBC|title=Behalf Inc in New York|access-date=2015-12-13|archive-date=2015-12-13|archive-url=https://web.archive.org/web/20151213191917/http://www.bbb.org/new-york-city/business-reviews/financial-services/behalf-inc-in-new-york-ny-136729|url-status=dead}}
References
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External links
- [http://www.behalf.com Official Website]
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Category:Financial services companies of the United States
Category:Financial services companies based in New York City