ForwardLine Financial LLC

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ForwardLine Financial LLC - overview

Established

2003

Location

Santa Monica, CA, US

Primary Industry

Financial Services

About

ForwardLine Financial LLC specializes in providing financial solutions designed to support small businesses, focusing on simplifying the funding process with an efficient online platform and expert customer support. ForwardLine Financial LLC is focused on offering tailored financial solutions to small businesses through a user-friendly online platform. Founded in 2003 in Santa Monica, US, it has successfully completed 2 deals, with the most recent deal occurring on January 4, 2021. The company's founders include Brian Sullivan, Craig Coleman, and Peter Bieler, while the current CEO is Sri Kaza.


ForwardLine Financial LLC specializes in providing financial solutions tailored specifically for small businesses, focusing on simplifying the funding process through a self-service online platform coupled with expert support. Their primary offering is a fast and efficient online application for business financing that allows users to submit their business and funding details in as little as two minutes. This financing solution is designed to eliminate complex application procedures and lengthy wait times, facilitating quick access to funds when needed. ForwardLine serves a diverse client base of small business owners across various industries, helping them achieve their financial objectives through tailored funding options.


Their services are particularly targeted at users in select states across the United States, excluding regions such as Nevada, North Dakota, Rhode Island, South Dakota, and Vermont. ForwardLine generates revenue primarily through its financing products offered to small businesses, creating a streamlined transaction process. Clients engage with ForwardLine by completing an online application, which upon approval, leads to customized financing agreements suited to their specific business needs. The transaction structure is largely direct-to-consumer, where clients can access funds electronically after selecting their preferred financing terms and signing the contract.


While specific pricing plans for these financial products are not disclosed, the structure typically involves the assessment of business attributes such as time in business, FICO scores, and annual revenue to determine eligibility and terms. ForwardLine’s offerings include the BriteLine™ financing product, which is contingent upon continued eligibility and payment history, reinforcing their commitment to responsible lending practices. ForwardLine Financial LLC is focused on launching new financial products aimed at enhancing their offerings for small businesses. The company also plans to expand its reach into additional states across the United States, targeting regions that are currently underserved.


The funding acquired from their most recent deal on January 4, 2021, will be allocated to support product development and market expansion efforts.


Primary Industry

Financial Services

Sub Industries

Consumer Finance

Website

www.forwardline.com

Total Amount Raised

Subscriber access only

ForwardLine Financial LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedForwardLine Financial LLC-
Private DebtCompletedForwardLine Financial LLC-

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ForwardLine Financial LLC - employee data

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