Fortifi Capital Surpasses $175 Million in Small Business Funding as It Marks Two-Year Anniversary
Founded in August 2023, Fortifi Capital has quickly become a trusted capital partner for small and mid-sized businesses seeking speed, transparency, and personalized service. With headquarters in New York and regional offices in White Plains, Garden City, and Somerset, NJ, the firm has supported thousands of businesses across a wide range of industries.
As part of its growth strategy, Fortifi is investing in proprietary technology aimed at improving marketing, streamlining operations, and enhancing the customer experience. These initiatives will support continued scale while maintaining the company's high-touch service model.
Fortifi Capital's leadership team brings over a decade of experience in the alternative finance space, combining deep industry expertise with a commitment to innovation.
With $175 million deployed in just two years and a robust infrastructure in place, Fortifi Capital is positioned for continued expansion in the small business finance sector.
About Fortifi Capital
Fortifi Capital provides fast, flexible, and transparent working capital solutions to small businesses nationwide. Founded in 2023, the company has funded over $175 million to date and continues to invest in technology and service to meet the evolving needs of American entrepreneurs. Fortifi is headquartered in New York with regional offices in White Plains, Garden City, and Somerset, NJ.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250804229916/en/
Contacts
Media Contact: Gennadiy BelikovGennadiy@fortificap.com (917) 291-9642www.fortificap.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Ali Velshi: The jobs numbers aren't ‘rigged.' Trump owns this economy.
This is an adapted excerpt from the Aug. 2 episode of 'Velshi.' On Friday, the Bureau of Labor Statistics released an alarming monthly employment report, exposing that the United States' job market is much more fragile than many had expected. Only 73,000 net new jobs — that's new jobs created, minus jobs lost — were added in July. But worse were the revisions to the two previous job reports. May's jobs report was revised from 144,000 jobs to only 19,000. June's 147,000 jobs were mostly a mirage, too; it turns out only 14,000 jobs were added that month. That's 258,000 fewer jobs than previously thought. The average for the last three months is 35,000, far fewer than the 150,000 or more needed for job growth to keep up with population growth in this country. Now, revisions to government statistics are normal in subsequent months. It's the nature of large numbers. They happen regularly, but they almost never show this dramatic a shift. It was a bad report, no doubt about it. It was particularly bad for a president who, in political terms, owns this job market and this economy, which has been roiled by the chaos of his tariffs and trade wars. But instead of addressing the numbers and the challenge they present, Donald Trump said they were fake and fired the head of the department that collects them. The president baselessly claimed the jobs numbers were 'rigged' and accused the fired commissioner of inflating numbers for the Biden administration and sabotaging them under his own administration. Trump baselessly claimed that jobs reports were overstated during the previous presidency to prop up Joe Biden and are now being underestimated to hurt Trump. The president has zeroed in on the Bureau of Labor Statistics commissioner, labeling her a 'Biden appointee' and ignoring the fact that she was confirmed in the Senate by a bipartisan vote of 86-8, with six senators not voting. Among the 86 yeas was now-Vice President JD Vance. This is becoming a common refrain for Trump. He has also accused Jerome Powell, chair of the Federal Reserve, of being a Biden appointee. But Trump is the one who elevated him to the position in 2017. Friday also marked the president's self-imposed, but often delayed, deadline for reaching trade deals with countries across the world. Back in April, Trump claimed he had already struck 200 deals, despite the fact that there aren't even 200 countries in the world. The number of deals before the Aug. 1 deadline was closer to eight, though you could arguably consider the European Union, which is a single trading bloc, as 27 countries. Deals were struck with the European Union, Indonesia, Japan, Pakistan, the Philippines, South Korea, the United Kingdom and Vietnam, and talks are ongoing with Mexico and China. Nowhere close to 200. That was just a lie. An executive order signed by Trump late Thursday outlined tariff rates for 69 countries, including several changes from the rates announced on 'Liberation Day' in April. Smaller countries like Lesotho and Guyana were originally hit with massive tariffs, simply because they are poor countries that sell more to America than they buy and as a result have large trade deficits with America, but those rates have since been cut. The day before, Trump also jacked up tariffs on Brazil to 50% for what he views as the political persecution of former Brazilian President Jair Bolsonaro, who is on trial for attempting a coup in 2022. Trump has called that trial a 'witch hunt.' Forget a deal with one of the U.S.' oldest and biggest trading partners, Canada. The White House is upping the ante on our neighbor to the north, announcing a 35% tariff on Canadian goods, up from 25%. That's on goods not included in the U.S.-Mexico-Canada trade agreement. Plus, on Wednesday, the Commerce Department said gross domestic product, or GDP, which is the largest measure of economic activity we have, increased at a 3% annual rate in the second quarter. Some journalists jumped on that exciting top-line number, one that seems far more impressive than the first quarter's GDP increase of just 0.5%. But if some of those journalists had taken about 45 seconds to look under that shiny hood, they'd have found a far less impressive rebound than it initially seemed. Here's why: That upward swing in GDP growth came from a massive and fully expected decline in imports, after a massive and fully expected increase in imports in the first quarter in anticipation of tariffs. Lots of money left our economy to bring goods in before the first tariff deadlines in April, so when imports sharply dropped, the smaller resulting trade deficit boosted the GDP growth figure. But that's not so much evidence of economic prosperity as it is the result of a math equation and how GDP is calculated. This article was originally published on Solve the daily Crossword
Yahoo
21 minutes ago
- Yahoo
Why SES AI Stock Surged 13% Higher Today
Key Points It regained compliance with New York Stock Exchange listing requirements. These stipulate that a stock must trade at a trailing average of $1 per share. 10 stocks we like better than Ses Ai › One trading day can make quite a difference in the life of a stock. This was well on display Monday with next-generation electric vehicle (EV) battery developer SES AI (NYSE: SES). The company's share price leaped more than 13% skyward on some good news with its stock listing. That advance was more than strong enough to crush the 1.5% increase of the bellwether S&P 500 index. An electric announcement SES AI disclosed in a regulatory filing Monday, no doubt with immense relief, that it received notice from the New York Stock Exchange that it had regained compliance with the bourse's listing requirement. Specifically, this mandates that a stock on the exchange must trade for about $1 per share for a 30-day period. In the tersely worded document, SES AI said NYSE informed the company on Friday, citing the 30-day stretch that ended on July 31. Although SES AI is a relatively early-stage company, it has lately been drawing revenue and attracting notice for its cutting-edge battery solutions. However, the growth of EV sales isn't as robust as it once was, and the company has posted a string of bottom-line losses. Growth by other means Yet SES AI is also a company on the move; in recent days, it has shown an appetite for growing through acquisitions. It concluded a deal to purchase energy storage systems (ESS) developer UZ Energy for a price of around $25.5 million. That acquisition could prove to be rather complementary to its business, assuming it is integrated effectively and efficiently into its operations. Should you buy stock in Ses Ai right now? Before you buy stock in Ses Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ses Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why SES AI Stock Surged 13% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
SPY Gains $5.5B in Assets as Weak Jobs Data Trigger Selloff
The SPDR S&P 500 ETF Trust (SPY) attracted $5.5 billion Friday, bringing its assets under management to $658.2 billion, according to data provided by FactSet. The inflows came despite the S&P 500 tumbling 1.6% as July jobs data showed nonfarm payrolls expanded by just 73,000, below the 100,000 consensus estimate and triggering concerns about economic weakness. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation The iShares Core S&P 500 ETF (IVV) pulled in $2.9 billion, while the iShares Semiconductor ETF (SOXX) collected $371.8 million. The Invesco QQQ Trust (QQQ) gained $395.5 million, and the iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) attracted $431.5 million. The iShares Russell 2000 ETF (IWM) saw outflows of $1.2 billion, while the iShares 20+ Year Treasury Bond ETF (TLT) lost $904.4 million. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) experienced outflows of $741.4 million, and the Invesco S&P 500 Equal Weight ETF (RSP) shed $646.1 million. U.S. equity ETFs attracted $7.9 billion for the day despite the broad market decline, while U.S. fixed-income funds posted outflows of $759.4 million. The weak employment data increased odds of a September Fed rate cut to 86% as traders reversed course from earlier in the week. Overall, ETFs collected $6.4 billion for the day. Track real-time ETF inflows and outflows for all tickers using ETF Fund Flows tool. Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 5,529.79 658,159.58 0.84% IVV iShares Core S&P 500 ETF 2,921.12 642,519.43 0.45% IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF 431.51 22,133.15 1.95% QQQ Invesco QQQ Trust Series I 395.49 361,026.05 0.11% SOXX iShares Semiconductor ETF 371.80 13,672.64 2.72% VOO Vanguard S&P 500 ETF 319.56 710,875.17 0.04% SFTY Horizon Managed Risk ETF 311.03 311.55 99.83% SPLG SPDR Portfolio S&P 500 ETF 271.36 79,185.98 0.34% SPAB SPDR Portfolio Aggregate Bond ETF 269.60 8,820.65 3.06% JPST JPMorgan Ultra-Short Income ETF 215.22 32,548.86 0.66% Top 10 Redemptions (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IWM iShares Russell 2000 ETF -1,152.62 60,638.81 -1.90% TLT iShares 20+ Year Treasury Bond ETF -904.36 47,530.99 -1.90% SPYD SPDR Portfolio S&P 500 High Dividend ETF -741.37 6,836.81 -10.84% RSP Invesco S&P 500 Equal Weight ETF -646.13 72,001.51 -0.90% PKW Invesco Buyback Achievers ETF -443.78 1,371.35 -32.36% SCHO Schwab Short-Term US Treasury ETF -425.08 10,945.07 -3.88% XLV Health Care Select Sector SPDR Fund -410.82 32,039.38 -1.28% SGOV iShares 0-3 Month Treasury Bond ETF -402.86 51,762.50 -0.78% BIL SPDR Bloomberg 1-3 Month T-Bill ETF -371.59 41,296.94 -0.90% SCHR Schwab Intermediate-Term US Treasury ETF -352.87 11,006.07 -3.21% ETF Daily Flows By Asset Class Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 17.99 10,460.68 0.17% Asset Allocation 309.37 26,106.05 1.19% Commodities ETFs -174.77 221,510.99 -0.08% Currency -73.49 180,648.17 -0.04% International Equity -291.87 1,893,466.35 -0.02% International Fixed Income 387.34 310,719.65 0.12% Inverse -252.15 14,511.74 -1.74% Leveraged -657.69 145,051.06 -0.45% US Equity 7,909.45 7,310,475.87 0.11% US Fixed Income -759.44 1,720,296.20 -0.04% Total: 6,414.74 11,833,246.76 0.05% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data