About our Small Business Lending | IOU Financial

About IOU Financial

IOU Financial, is a progressive online lender that provides up to $500,000 in working capital to small businesses.

The IOU Financial proprietary platform connects to dozens of data sources, aggregating and automatically processing hundreds of data points on a business in seconds.

This innovative technology has reduced the small business lending process from weeks or months to one that can be completed easily online and funded within hours, making it a trusted alternative to banks. IOU Financial, leveraging its technology, provides a faster, more efficient small business loan process while operating as a 100% paperless company.

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 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 24-48 hours in most cases.

IOU Financial has been lending to small businesses since 2009 and funded over US$700 million in loans. Its headquarters are in Montreal Canada, and its North American operations center is in Atlanta, Georgia. IOU Financial is publicly traded on the Canadian TSX-V exchange under the ticker symbol IOU (TSX-V: IOU).