C2FO and Marcus by Goldman Sachs Team Up to Provide Financing to Small Businesses

On May 18, C2FO and Marcus by Goldman Sachs announced a new partnership aimed at broadening capital access for small businesses. 

Starting this summer, eligible businesses that use the C2FO platform will be invited to apply for financing through Marcus by Goldman Sachs. Businesses can apply for financing amounts starting at $10,000 and up to $1 million, depending on the borrower’s needs, financial health and creditworthiness, and subject to credit approval by Goldman Sachs Bank USA. 

Ashish Jain, SVP and head of capital markets for C2FO, explained to Yahoo! Finance how the partnership with Marcus by Goldman Sachs will provide small- and medium-sized businesses a new, fast and efficient way to access much-needed working capital. 

“Through this partnership, hundreds of thousands of businesses in the United States can now get access to capital via Marcus’s lines of credit,” Jain said. “The economy is reopening at a rapid pace. It is critical to be helping small businesses play their part in it, and we’re doing our fair share.”

To watch the full interview with Yahoo! Finance, click here. 

C2FO’s partnership with Marcus by Goldman Sachs received coverage from a broad range of the financial press. Click the links below to read how various media outlets shared the news: 

Nasdaq TradeTalks interview with Ashish Jain

Kansas City Business Journal: “C2FO Partners with Marcus by Goldman Sachs to Provide Unsecured Small Business Loans” 

PYMNTS.com: “C2FO, Marcus by Goldman Sachs Team on SMB Financing”

Retail Banker International: “C2FO, Goldman Sachs’ Marcus team up to provide SME financing”

The Associated Press: “C2FO and Marcus by Goldman Sachs Announce Partnership to Provide Financing to Small Businesses”