Camino Financial Raises $750K

What does Camino Financial do?

Camino Financial, is a online leading marketplace. It advices small businesses on securing capital and building their business credit. It provides access up to $500K in business funding and helps its clients in applying for financing. The company also offer financial services which include technical assistance and credit analytics which is customized for each client. Overall this is a platform which provides credit advices allowing small businesses to conveniently access capital and improve their growth. It is mainly focused on deploying capital to the largest fastest growing under banked businesses in U.S.A, Hispanic owned businesses.

How much Camino Financial was funded?

Camino Financial raised $750K in Seed funding on November 9^th 2011.

What is next for Camino Financial?

With new online lender and credit marketplaces, the company expects to become a sizeable niche in the online business lending. Despite the large size and growth profile, the Hispanic owned businesses struggle to get access to bank loans. The company plans to use the funding for ramping up its marketing efforts and building its tech infrastructure for scalable growth. The company is excited to grow its team and invest in the infrastructure for sealing partnerships which will help the company is building trust and helping their community.

More about Camino Financial

Camino Financial was founded in 2014 by Sean Salas and Kenneth Salas. It has its headquarters in Glendale, California. The company was founded by twins while they were completing their MBAs at Harvard business school. They have drawn inspiration from their mother who started a small Mexican restaurant and over the time she opened 30 location in south California.  They have created a lending platform which aims at solving unique problems facing the Hispanic business community. The company is backed by angel and institutional investors all of whom have deep expertise in commercial banking, online lending and Hispanic marketing.