Founded 2018
Headquarters Austin, Texas
Operates in United States
Ownership Private; operating entity Austin Business Finance, LLC, with a credit facility from Fortress Investment Group
Funding range Line of credit $50,000 to $1,000,000; term loan $50,000 to $2,000,000
Repayment Fixed-term instalments or a revolving line, with automatic daily, weekly or semi-monthly payments
Security Unsecured, no collateral required
Industries Broad small business, plus B2B companies offering terms to their own customers
Capital deployed $1B+ approved across 10,000+ businesses
Leadership Xan Myburgh (CEO and Co-Founder)
Website backd.com
Best suited for established US small businesses above $100,000 revenue needing fast working capital, and B2B companies wanting to offer net terms.
Backd is an Austin-based online small-business finance company (legally Austin Business Finance, LLC, and formerly known as GetBackd). It provides working capital and financing to businesses across the United States, with funding originated through its partner FinWise Bank.
Empower entrepreneurs with adaptive financial resources to overcome hurdles and grow.
Backd operates as an independent, privately held company and has grown its recognition in the US small-business finance market since its founding.
Company profiles like this one are a general overview. To see whether a given lender would work with your business, and what they would actually offer, the answer comes from your own profile. Levr.ai matches you against a network of 50+ small business lenders across Canada and the United States.
Levr.ai is an independent business loan marketplace. This profile is provided as general reference and does not imply a partnership, affiliation, or endorsement between Levr.ai and Backd. Company details change; confirm anything important directly with the company. Last reviewed July 2026.
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