Kapitale, a rapidly expanding direct lender for U.S. small businesses, announced the closing of a $25 million credit facility with a fund managed by Pier Asset Management, a specialized private credit firm. This addition boosts Kapitale’s total funding capacity to over $50 million, enabling it to meet rising demand for same-day working capital amid tightening traditional bank lending.
Founded to support small business growth, Kapitale offers quick, flexible financing from $5,000 to $100,000 with no collateral, same-day approvals, and multilingual support in English, Spanish, and Portuguese. Its innovative technology and strong underwriting have positioned it as a trusted leader in alternative lending.
With this new capital, Kapitale plans to expand its national presence, enhance its partner network, and strengthen underwriting infrastructure. The funding underscores its role in empowering small businesses, driving economic growth, and providing entrepreneurs with vital financial resources during challenging credit conditions.