FAVO Capital Inc., a Fort Lauderdale-based financial technology company, has announced an $8 million Series A preferred equity investment from Stewards Investment Capital. This strategic funding is set to bolster FAVO Capital's direct funding capabilities for small and medium-sized businesses (SMBs), restructure existing debt notes, and foster the development of embedded lending partnerships. The investment is a testament to the company's innovative approach to addressing the funding gaps in the SMB market through advanced underwriting models and a client-centric strategy.
The significance of this investment extends beyond immediate financial bolstering; it positions FAVO Capital for a planned Nasdaq uplisting, reflecting strong confidence in its growth trajectory and market potential. The company's platform stands out by offering flexible, technology-driven funding solutions that are often overlooked by traditional lenders. This approach not only provides scalable financial resources but also supports emerging businesses in accessing the capital necessary for sustainable growth in today's dynamic economic environment.
Executives from both FAVO Capital and Stewards Investment Capital have highlighted the strategic importance of this partnership, pointing to the platform's potential to revolutionize small business financing. The investment underscores a growing interest among investors in alternative lending technologies that can efficiently support the entrepreneurial ecosystem. With this Series A funding, FAVO Capital is poised to enhance its technological infrastructure, improve its underwriting capabilities, and potentially open up more accessible funding pathways for SMBs in search of innovative financial solutions.
For more information on FAVO Capital's funding solutions, visit https://www.favocapital.com. Details about Stewards Investment Capital can be found at https://www.stewardsinvestmentcapital.com.
