FAVO Capital Secures $8 Million Series A Investment to Expand SMB Funding Solutions

FAVO Capital Inc., a Fort Lauderdale-based financial technology company, has announced an $8 million Series A preferred equity investment from Stewards Investment Capital. This strategic funding is set to bolster FAVO Capital's direct funding capabilities for small and medium-sized businesses (SMBs), restructure existing debt notes, and foster the development of embedded lending partnerships.

The investment marks a pivotal moment for FAVO Capital, as it seeks to utilize advanced underwriting models and a client-focused approach to bridge funding gaps in the SMB sector. The capital infusion is aimed at reinforcing the company's financial health and paving the way for a planned Nasdaq uplisting, reflecting optimism about its growth prospects and market viability.

Distinguishing itself in the competitive landscape, FAVO Capital offers adaptable, technology-based funding solutions that are often neglected by conventional lenders. Its strategy is centered on delivering scalable financial tools that empower burgeoning businesses to secure the capital needed for enduring expansion in today's fast-evolving economic environment.

The collaboration between FAVO Capital and Stewards Investment Capital has been described as strategic by executives from both entities, with a shared vision to revolutionize small business financing. This investment highlights the increasing appeal of alternative lending technologies capable of effectively bolstering entrepreneurial networks.

With the Series A funding, FAVO Capital is poised to upgrade its technological framework, refine its underwriting processes, and explore new avenues for providing SMBs with innovative and accessible financial solutions.