“When a small business owner wants to invest in their business growth, or simply access some additional funding to cover an upcoming payroll cycle, they have incredibly limited options for accessing capital. Some use credit cards with exorbitant interest rates, while others attempt to go through a weeks- or months-long application process with a traditional lender and aren’t able to access the capital until long after they need it. Novo Funding is built to provide the best working capital experience for small business owners, and support them with their short-term financial needs and long-term ambitions.”
“After completing a pilot of Novo Funding in which thousands of small business owners accessed more than $35 million, we heard time and again how Novo Funding was by far the best option for accessing capital. There’s simply no other small business working capital product on the market that combines the speed and simplicity of Novo Funding. Taktile has been an incredible partner in this effort and empowered us to launch Novo Funding with ease.”