Can Data Driven Lending Displace VC Funding For Some Firms?
PYMNTS
DECEMBER 17, 2019
CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. Small manufacturers face a lot of pressure from retailers, so the credit works as a buffer,” Hochberg said. CircleUp is retail- and CPG-focused.
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