Orange County, CA (PRWEB) November 05, 2013
METRIX Capital Group, LLC, an Orange County based Venture Capital Firm, announced that it has closed a $5MM round to grow its RBF program. Revenue/Royalty Based Funding is a bank alternative loan program that provides small to medium sized businesses fast, flexible growth capital.
“We are immensely excited about the prospects of helping small and medium sized business grow into markets, explore new opportunities and, ultimately, add jobs.” said Jeff Brannon, CEO at METRIX Capital Group. “With tight bank lending criteria and long, onerous lead times on securing venture capital, our RBF program is poised to disrupt the growth capital market.”
Using a proprietary underwriting algorithm, METRIX can offer funding to any company with six months of revenue and a growth plan. The funding comes without traditional bank restrictions and does not dilute the company’s equity.
The program usually provides funding amounts ranging from $50k - $500k.
About METRIX Capital Group, LLC: METRIX Capital Group, LLC is an Orange County based VC firm that provides growth capital to small and medium sized businesses.
For more information, press only:
Bill Miller, 714.921-3196,
For more information on METRIX Capital Group, LLC: