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altbanq

Can a rebranded direct SMB lender capture a broader share of small business financial services by combining fast term lending with integrated payment processing?

HQUnited States
IndustryFintech / Lending
The story

Originally founded as SOS Capital, the company rebranded to altbanq to reflect an expansion beyond pure direct lending into broader financial services for small businesses, including payment processing. The company positions itself as a 'Complete Payment Processing Solution' alongside its core term loan product. With nearly a decade of operating history and a strong Trustpilot rating, altbanq serves as a direct lender focused on SMBs across the US, offering loans from $100,000 to $10,000,000.

Last 12 months
The stack
Lending
Business term loan ($100K–$10M, up to 24 months)Working capital loan
KYC
Middesk
Accounting gap: significant