Owners Circle
Owners Circle, formerly known as Local Lift and Equity Endeavor, was a Berkeley-based fintech company that provided online tools and financial information to help small business owners secure financing.
Company History
Owners Circle was launched in 2014 and participated in Y Combinator's S14 batch. Initially known as Local Lift and later as Equity Endeavor, the company rebranded to Owners Circle. Marketed as a Kickstarter for local businesses, Owners Circle provided small business owners with online tools and financial information necessary for securing business financing. Despite its innovative approach, the company is currently listed as inactive.
Locations
Owners Circle was based in Berkeley, California, USA. It catered to regions primarily within the United States of America and across America / Canada, focusing its fintech solutions on these areas specifically.
Services
Owners Circle offered a platform designed to help small business owners identify, compare, and apply for financial products. The company provided free access to funding consultants to assist business owners through the loan application process. Targeting small businesses seeking financial support from banks and alternative lenders, the platform aimed to save time in searching and applying for various loan products.
Products
The financial products offered by Owners Circle included SBA Term Loans, Bank Term Loans, Alternative Term Loans, and Asset-based Loans. These products aimed to meet the diverse financing needs of small businesses, leveraging both local banks and alternative lenders to provide various funding options.
Industry
Owners Circle operated within the fintech industry, specifically focusing on the credit and lending sub-industry. By providing tools and information essential for business financing, the company aimed to bridge the gap between small businesses and financial institutions.