Credit Without Borders, is an online Merchant Cash Advance provider for the gig-economy. We are currently focused on serving Uber and Lyft drivers. Since initiating our pilot program in June, we have achieved the following:
- Cash on cash returns of 110%+ to date
- Issued advances up to $1,500
- Customers returning on avg 2.9 times (number increasing)
- A portfolio default rate of 3.0%
- Issued over 160 advances