Camino Financial
Camino Financial is an online finance company that offers business loans and wealth-building solutions to help small businesses grow.
About Camino Financial
Camino Financial is an AI-powered community lending platform that offers affordable credit and wealth building solutions to overlooked entrepreneurs. The company builds proprietary credit assessment and data aggregation AI to identify, price and provide affordable loans tailored to credit-invisible, cash-heavy businesses. By partnering with other financial institutions, public agencies and mission-aligned companies, Camino Financial is able to pool and distribute low-cost funding and educational resources to entrepreneurs. The winning combination of community-driven partnerships and AI technology results in offering loans with monthly payments 40% lower than alternative products in the market. All loans are tailored for upward mobility, setting entrepreneurs on a graduation path to an expanded suite of credit and other wealth building solutions. Camino Financial is a nationally certified Community Development Financial Institution (CDFI) with oversight by the U.S. Department of Treasury. Since inception, the company has funded over $140,000,000 across the United States, netting above $95,000,000 in incremental revenues and fees saved among its members. Camino Financial is headquartered in Los Angeles, California with supporting offices in Mexico City, Mexico and Bogota, Colombia.
Company Facts
- Headquarters
- Los Angeles
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00051_00100
- Funding Stage
- early_stage_venture
- Total Funding
- $169,550,000
- Last Funding Type
- debt_financing
- Last Funding Date
- 2022-04-07
- Website
- caminofinancial.com
Industries & Categories
Artificial Intelligence (AI), Commercial Lending, Credit, Financial Services, FinTech, Small and Medium Businesses
Social Links
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