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B
B. Riley Receivables II LLC
Retail Financing
Founded
--
Employees
--
Total Funding
$78.3M
Funding Rounds
1
Last Funding
2023-02-06
About B. Riley Receivables II LLC
Badcock Servicing provides financing and payment solutions for customers to pay bills online for furniture, appliances, and electronics purchases. Their mission is to simplify the payment process with a user-friendly and secure online portal.
Products & Services
Badcock Installment:A financing option for purchases with an updated payment process, allowing direct payments on a secure site with a $2.25 processing fee per transaction for remote electronic payments.
Badcock Revolving:A financing option for accounts opened prior to April 1, 2024, with a dedicated payment portal for existing accounts.
Protection Plans:Support for furniture, appliances, TVs, and smaller electronics through Fortegra for repairs and extended warranties beyond manufacturer coverage.
Insurance Safegard Claims:Processing claims for property, involuntary unemployment, life, and disability with required forms and documentation.
Specialties
Online Bill Payment
Installment Financing
Revolving Credit Accounts
Protection Plans for Furniture and Electronics
Funding History
Debug: View Raw Funding Data
| # | Type | Amount Fields | Date Fields | Investors |
|---|---|---|---|---|
| 1 |
RT: Debt T: - FT: Debt |
A: 78300000 MR: - FA: 78.3MM FAN: 78300000 |
D: 2023-02-06 FD: 2023-02-06 |
1 investors |
Debt
Latest
2023-02-06
$78.3M
1 investor (Pro only)
Growth Metrics
+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active
Mock Up
Team & Leadership
No team data available
Team information is not yet available for this company
Recent News
B. Riley Receivables II LLC Announces New Product Launch
2 days agoCompany unveils innovative solution to transform the industry, expanding market reach and capabilities...
Read more →Leadership Team Expands with Industry Veteran
1 week agoNew executive brings 20+ years of experience to accelerate growth and strategic initiatives...
Read more →Company Recognized as Industry Leader
2 weeks agoReceives prestigious award for innovation and customer satisfaction in competitive market...
Read more →Mock Up
Key Competitors
C1
Competitor Alpha
Series B · $50M raised
C2
Competitor Beta
Series C · $120M raised
C3
Competitor Gamma
Series A · $25M raised
C4
Competitor Delta
Seed · $10M raised
Mock Up
Company Details
- Website
- badcock.com
- Industries
- Retail Financing
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