Backd is an alternative lending company headquartered in Austin, TX founded by two brothers on a mission to provide financial solutions for businesses that cannot access traditional funding.

Our online application can be completed in less than 3 minutes and receive instant pre-approval. Funds are transferred within 48 hours from the time your application is approved.

  • 1 year in business minimum
  • $100K annual revenue minimum
  • 600+ personal FICO score
  • U.S. based business
  • Business bank account
  • Brick + Mortar location*
*Exceptions include e-commerce businesses, etc.

In most cases, we provide same day decisions on completed applications.

Our business funding is unsecured and can be used for any business purpose needed.

Generally, funds can be deposited into your account within 24-48 hours.

Interest rates are based on our proprietary underwriting process. Our underwriting team considers affordability, credit scores, and financial analysis.

We are currently unable to provide capital for the following industries:

  • Financial Services
  • Consulting Services
  • Real Estate Services
  • Legal Services
  • Government or Non-profit Agencies
  • Flea Markets / Conventions
  • Adult Entertainment
  • Cannabis
  • Firearms

Backd advances are unsecured.