View details of this raise on Seedstage

Murray, UT

Expanding accessible and flexible financing solutions for small and mid-sized businesses.

• Market Demand: Addressing the growing need for alternative financing solutions beyond traditional banks.
• Streamlined Process: Offers same-day approvals and funding with minimal documentation requirements.
• Flexible Repayment: MCAs provide repayment structures based on business cash flow.
• Proven Traction: Successfully funded thousands of businesses with a technology-driven underwriting process.
• Growth Potential: Scaling operations and expanding lending capacity with additional funding.

Torro is seeking funding to expand its alternative finance solutions, making capital more accessible to businesses that struggle with traditional banking requirements. Many small and mid-sized businesses face difficulties securing loans due to high credit score requirements, extensive documentation, and lengthy approval processes. Torro offers an alternative through Merchant Cash Advances (MCAs), providing businesses with flexible financing based on future receivables. With a streamlined approval process and same-day funding capabilities, Torro empowers business owners to access working capital quickly, allowing them to seize growth opportunities and manage their operations efficiently. This fundraising effort aims to scale Torro’s lending capabilities, enhance its technological infrastructure, and grow its portfolio of business funding solutions to reach more entrepreneurs in need.

By eliminating the need for collateral and offering repayment structures tailored to revenue cycles, Torro provides a more accessible financing model compared to traditional banking institutions. The company has already supported thousands of businesses, and with additional funding, it seeks to extend its reach and optimize its lending strategies. The funds raised will enable Torro to further refine its underwriting processes, expand its team, and enhance its data-driven approach to evaluating businesses. This will allow Torro to increase loan volume, support more businesses nationwide, and solidify its position as a leader in the alternative finance sector. By participating in this offering, investors contribute to the growth of a company focused on financial inclusion and empowering entrepreneurs with efficient, flexible funding solutions.

Company Info

Torro provides fast, flexible funding solutions for businesses through merchant cash advances, offering an alternative to traditional bank loans.

Torro is an alternative finance company specializing in providing fast, flexible funding solutions for businesses that struggle to secure traditional bank loans. By leveraging merchant cash advances (MCA), Torro offers businesses quick access to capital with less stringent qualification requirements, no collateral, and repayment structures based on future receivables. Their funding process prioritizes financial strength over credit scores, allowing business owners to receive same-day approvals and funding. Since its founding in 2015, Torro has successfully funded over 10,000 businesses across the U.S., totaling more than $10 million in revenue. The company’s technology-driven underwriting and credit evaluation system enable them to efficiently assess and support businesses in need of working capital.

Torro operates by cutting out traditional financial intermediaries like banks and hedge funds, offering investors a direct opportunity to participate in high-return alternative financing. Their investment model pools funds to provide merchant cash advances ranging from $10,000 to $150,000, with projected returns of 8-10% on a quarterly basis over an 18-month period. With a focus on financial inclusion, Torro has raised $2.5 million in previous investments, with over half of their investors renewing. Their team, led by founder Cameron Montgomery, brings deep industry expertise and a commitment to streamlining the lending process for both businesses and investors. As demand for alternative financing continues to grow, Torro aims to scale operations and expand its reach in the financial services sector.