altbanq

altbanq

Alternative business financing platform

Overview

altbanq is a financial technology company connecting businesses with financing options. The company supports applications and matching for working capital, lines of credit, equipment financing, and other commercial funding products. It serves small and midsize businesses, business owners, lenders, and referral partners. Its operating model centers on a digital intake and finance marketplace supported by underwriting coordination and customer service. Teams work across financial technology, sales, underwriting support, partnerships, operations, compliance, and service. Its work connects business finance expertise with coordinated delivery for small-business owners.

About altbanq

Simplify's Rating
Why altbanq is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2017

Get referred to altbanq

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Altbanq posted active hiring for analysts, controller, and business development in 2026.
  • LinkedIn posts in March-April 2026 show repeat deal activity across contractors and pest control.
  • Altbanq's faster underwriting and 24-hour decisions support small businesses needing immediate capital.

What critics are saying

  • Altbanq filed a lawsuit against Stewart Knives on January 14, 2026.
  • Trellis shows Altbanq litigated Brady Ward Enterprises in Ontario County on August 15, 2023.
  • Revenue depends on short-term lenders and merchants; charge-offs can erase funding gains.

What makes altbanq unique

  • Altbanq offers same-day business lending and payment processing from its New York HQ.
  • Altbanq underwrites $100,000-$10,000,000 loans with Plaid-linked, 24-month structures.
  • Altbanq combines financing and payments, including zero-interest loans tied to processing.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Commuter Benefits

401(k) Retirement Plan

Health Savings Account/Flexible Spending Account

Performance Bonus

Company News

TipRanks
May 6th, 2024
Precipio Inc Secures High-Interest Loan with Repayment Options

Precipio, Inc. has secured a $250,000 loan from Altbanq Lending LLC, with a steep 20% interest rate and weekly repayments of $5,769.24, totaling $300,000 excluding fees.

Recently Posted Jobs

Sign up to get curated job recommendations

altbanq is Hiring for 5 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →