CrowdOut Capital among Built in Austin’s 50 Startups to Watch

Now in its fourth year running, Built in Austin’s 50 Startups to Watch list highlights local tech companies less than five years old that are bracing for a big 2019. This year’s list includes startups with big ambitions for everything from improving mental health to leveraging emerging technologies like blockchain, robotics, quantum computing and more.

CrowdOut Capital hosts a lending platform that lets middle- and lower-market companies raise money. In November of last year, the fintech startup raised $2.5 million from members of its investor network who participate in their loans, as well as from its CEO and co-founder, Alexander Schoenbaum. Individuals interested in investing can put $1,000 or more directly into corporate loans ranging from $3 million to $50 million.

See the full list: Built in Austin’s 50 Startups to Watch in 2019 (Built In Austin)

February 5th, 2019|Categories: Client News|Tags: , , , , , |

CrowdOut’s Alexander Schoenbaum talks to Tearsheet about the future of lending in 2019 and beyond

Tearsheet asked some of the top experts in online lending, including CrowdOut’s Alexander Schoenbaum, to describe what they feel are the top trends in their businesses.

“We believe that the biggest trend in online lending will be a search for diversity and differentiation,” said Schoenbaum. “With most investors now having found real estate and consumer lending platforms – and spreads compressing from an excess of capital and completion – they will look to alternative credit products that have not saturated the market…”

Read the full article: 17 experts chime in on the future of lending in 2019 and beyond (Tearsheet)

October 5th, 2018|Categories: Client News|Tags: , , , , |

CrowdOut Capital’s Schoenbaum among the winners of the 9th Annual Emerging Leaders Awards

CrowdOut Capital CEO Alexander Schoenbaum is one of the M&A Advisor’s 2018 Emerging Leaders.

Based in Austin, Texas, CrowdOut is the first online marketplace for short-term lending for the lower middle-market companies with revenue from $5 to $500 million. CrowdOut provides the flexibility and efficiency for companies to avoid the rigid processes and structures of traditional funding, where long-term lock-ins, minimal loan size and interest rate adjustments made loans onerous and ultimately stunted the growth opportunities for these companies.

The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this event to promote mentorship and professional development amongst the emerging business leaders.

“The Annual M&A Advisor Emerging Leaders Awards was born as the 40 Under 40 Awards in the United States in 2010 to recognize and celebrate the achievements of young M&A, Financing and Turnaround professionals who had reached a significant level of success and made a notable contribution to their industry and community. With the expansion of the Emerging Leaders program to the United Kingdom, and Europe in 2016, the 2018 US award winners join a truly global network of outstanding young professionals,” said David Fergusson, President and Co-CEO of The M&A Advisor.

Read the full announcement here.

June 27th, 2018|Categories: Client News|Tags: , , , , , |