Idea Financial

About Idea Financial

Idea Financial provides fast, flexible financing solutions to empower businesses. They aim to help businesses take control of their growth with clear, simple, and supportive funding options like business term loans and lines of credit, offering same-day approval for up to $275,000.

Products & Services

Business Line of Credit:A flexible funding solution for managing working capital, allowing businesses to tap into credit anytime for growth opportunities, with payment only for what is used and replenishing credit with payments.

Business Term Loan:A straightforward funding option with fixed rates and terms, providing quick access to capital, options for full pre-payment to save on interest, and the ability to reapply once 50% of the loan is paid.

General Liability Insurance:Offered in partnership with The Hartford, this insurance helps protect businesses from claims of bodily injury and property damage during operations.

Mobile App:A mobile application that allows users to access their accounts from anywhere at any time.

Specialties

Business Financing Lines of Credit Term Loans Working Capital Management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 20000000 MR: - FA: 20 million FAN: 20000000	D: 2026-01-08 FD: 2026-01-08	1 investors
2	RT: Debt T: - FT: Debt	A: 50000000 MR: - FA: 50 million FAN: 50000000	D: 2024-10-01 FD: 2024-10-01	1 investors
3	RT: Warehouse Facility T: - FT: Warehouse Facility	A: 50000000 MR: - FA: $50 million FAN: 50000000	D: 2024-10-01 FD: 2024-10-01	1 investors

Debt Latest

2026-01-08

$20.0M

1 investor (Pro only)

Debt 2024-10-01

$50.0M

Warehouse Facility 2024-10-01

$50.0M

View 2 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

J

Justin Leto

Co-founder & CEO

L

Larry Bassuk

Co-founder & President

Recent News

Idea Financial Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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