SOURCE: Dealstruck, Inc.

Dealstruck, Inc.

March 24, 2015 11:00 ET

Dealstruck Selected to Demo at FinovateSpring

SAN DIEGO, CA--(Marketwired - Mar 24, 2015) - Online direct lender Dealstruck today announced that it has been selected to present its latest technology-driven effort to help small- and medium-sized businesses (SMBs) better manage their financing at FinovateSpring 2015. Dealstruck CEO Ethan Senturia will be at the show to unveil and demonstrate the online lending platform's newest feature.

"We are honored to be back at FinovateSpring to showcase our newest innovation to help empower small businesses with fair financing and technology tools they would not receive at traditional banks," said Ethan Senturia, CEO at Dealstruck. "Small businesses hold the key to our economy, so it is our mission to give them solutions to help streamline their path to profitability."

Dealstruck will join other innovative startups and established companies at Finovate Spring 2015 in San Jose, California in May to present their latest advances in the fields of banking and financial technology. The event is attended annually by leading financial executives, venture capitalists, press, analysts, bloggers, and fintech entrepreneurs who are seeking revolutionary industry solutions.

Earlier this year, Dealstruck became the first online alternative lender to offer multiple products to the mid-prime borrower, ranging from traditional term loans to asset-based lines of credit, and most recently the Inventory Line of Credit. This allows Dealstruck to provide a product fit based on their borrowers' unique financing needs and ensure that every small business has the opportunity to receive the resources they need to run their business.

In 2014 alone, Dealstruck has completed over 280 loan transactions worth over $32 million.

About Dealstruck
The Dealstruck lending marketplace connects profitable, small- and medium-sized businesses (SMBs) with innovative credit solutions funded by individual and institutional accredited investors. Unlike the one-size-fits-all approach offered to them by banks and the high-cost, short-term credit offered to them by alternative lenders, Dealstruck provides growing SMBs with a suite of products that give them a credible and transparent path to bankable. Dealstruck is the first online lending platform to offer multiple products to SMBs, and the first to allow investors the freedom to choose specific investments. For more information, please visit https://www.dealstruck.com/.

About Finovate
FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Jose, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com.