IOU Financial Inc. is a publicly-traded company (TSX-V: IOU; OTCQX: IOUFF) that provides small business loans in the United States and Canada. Founded in 2009, the company operates as an alternative lender, utilizing its proprietary technology platform (I-scoring) to assess credit risk and underwrite loans more efficiently than traditional banks. Its mission is to support the growth of "Main Street" businesses by offering working capital loans ranging from $10,000 to $1,000,000 with flexible terms, addressing the gap left by conventional financial institutions.

Founded in

United States