FundThrough, a business co-founded by Steven Uster (Loran Scholar ’97) and his Loran mentor Deepak Ramachandran, was featured in the Financial Post:
The rise of technology-focused firms seeking to disrupt the traditional relationships within the financial services sector continues to grow. A few months back, Borrowell — and before that, Grouplend — was established for the purpose of matching Canadian consumers wanting fixed rate loans with institutional lenders. Speed and lower rates were the supposed advantages.
Now comes word that a B2B — or business-to-business — portal is about to launch. In what is believed to be the first of its kind in Canada, Toronto-based FundThrough has been set up to provide entrepreneurs with working capital. A non-bricks and mortar entity, all of FundThrough’s activities will be done online.
Read the article in the Financial Post:
http://business.financialpost.com/news/fp-street/fundthrough-aims-for-faster-and-more-convenient-b2b-lending