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- Backd Business Funding
Backd Business Funding
Backd understands that a need for cash is a reality for growing and scaling your small business. At Backd, you will receive a funding solution that suits your unique business needs.
Purpose
Backd was founded by brothers Xan and Michail Myburgh in 2018 in Austin, Texas. It was created after discovering traditional financial institutions were not meeting the capital needs of businesses across the country.
Traditional funding through banks and credit unions have inconvenient and drawn out lending processes that can take up to months, and their approval rates are very low - that’s why we created the Backd solution.
Traditional funding through banks and credit unions have inconvenient and drawn out lending processes that can take up to months, and their approval rates are very low - that’s why we created the Backd solution.
Vision
To provide the best experience for our partners every single day.
Mission
To empower businesses to achieve their greatest potential.
Additional Culture Details
Our view is that there is a time for work and a time for play which is characterized by us having a bar instead of a reception desk and a ping pong table in the middle of the offices as place for employees to take a break and recoup before heading back to helping small businesses develop. We have a different view to the traditional office setting where each department is segregated, we all mix together with the aim of assisting each other in delivering the best possible service to our customers.
Values
- Core Values
- Transparency | Integrity | Progressive | Service | Respect | Quality