Black Feather Capital

What Black Feather Capital does

Black Feather Funding LLC (DBA Black Feather) is a privately-held, Texas-based non-bank lender offering asset-based financing of up to $10 million to small and medium-sized businesses in the United States. Founded by business operators with decades of asset-based lending and commercial finance experience, the company targets borrowers underserved by traditional banks — including startups, turnarounds, e-commerce firms, import businesses, and companies with limited credit history or profitability. Its loan focus is on the $1 million to $10 million segment, with loan sizes ranging from $500,000 to $100 million available.

The company's product suite comprises four interconnected offerings: Accounts Receivable Financing (positioned as a faster, lower-cost alternative to factoring), Inventory Financing against warehouse stock, Equipment Loans for purchase or unlocking of capital tied up in machinery, and In-Transit Inventory Finance for goods in shipment domestically or from abroad (often China), advanced against proof-of-loading documentation. The underlying collateral monitoring mechanism is a Borrowing Base Certificate (BBC) process providing real-time visibility into collateral values and borrowing capacity. The firm operates from a single headquarters in San Antonio, Texas.

Revenue is generated through interest and fees on asset-based loans secured by business collateral. Distribution is founder-led and relationship-driven, relying on direct website inquiries, free consultations, and educational content marketing. Pricing is variable based on asset type, value, loan duration, and market conditions, with funding typically completed within 45 business days. The company is privately held with no disclosed institutional investment or parent entity.

Name

Black Feather Capital

Legal name

Black Feather Funding LLC

Website

https://blackfeatherfunding.com

Company type

Private

Operating status

Operating

Short description

Black Feather Funding LLC is a privately-held, Texas-based non-bank lender providing asset-based financing of up to $10 million to small and medium-sized U.S. businesses underserved by traditional banks, via accounts receivable, inventory, equipment, and in-transit inventory loans.

Ownership category

akta.pro rank

Product category

Asset-Based Lending

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industry

Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)

Keywords

• Asset-based lending
• Non-bank lending
• Accounts receivable financing
• Inventory financing
• Equipment loans

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Asset-Based Lending Interest and Fees: Black Feather generates revenue through interest and fees on asset-based loans secured by business collateral including accounts receivable, inventory, and equipment. They offer accounts receivable financing, inventory financing, equipment loans, and in-transit inventory finance to small businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Black Feather Funding LLC is a non-bank lender providing tailored asset-based lending solutions up to $10 million (with loan sizes ranging from $500k to $100MM, focused on the $1MM–$10MM segment) to small and medium businesses in the United States. Core offerings include Accounts Receivable Financing, Inventory Financing, Equipment Loans, and In-Transit Inventory Finance, all secured by tangible business collateral to provide working capital for growth, large order fulfillment, and cash flow management.

Product overview

Black Feather is a non-bank lender providing tailored asset-based lending solutions up to $10 million for small businesses in the United States. The company offers four interconnected financing products: Accounts Receivable Financing (providing faster, cheaper alternative to factoring), Inventory Financing (against warehouse inventory), Equipment Loans (for purchasing or unlocking capital in equipment), and In-Transit Inventory Finance (for imports in shipment). These products enable businesses to unlock working capital trapped in their assets to support growth, fulfill large orders, and manage cash flow without restrictive bank loan requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounts Receivable Financing

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• eCapital: Non-bank asset-based lender offering factoring, AR financing, and inventory loans to SMBs and mid-market businesses across multiple industries. Comparable ABL focus and US SMB target market.
• BlueVine: Fintech SMB lender providing invoice factoring, lines of credit, and term loans to small businesses. Targets the same underserved SMB segment as Black Feather with technology-led underwriting.
• Porter Capital: Non-bank lender specializing in accounts receivable financing and invoice factoring for SMBs. Overlaps with Black Feather's AR financing product.
• Fundbox: Online SMB working capital provider offering lines of credit and invoice-based financing. Competes for the same borrower profile that Black Feather addresses with ABL.
• Republic Business Credit: Non-bank commercial finance company providing asset-based lending, factoring, and inventory financing to US SMBs and mid-market companies. Directly comparable ABL product suite.
• Celtic Capital: Non-bank asset-based lender focused on SMBs, offering AR financing, inventory loans, and equipment financing. Direct overlap with Black Feather's product menu and underwriting flexibility.
• TAB Bank: Non-bank online lender providing asset-based working capital, AR financing, and equipment loans to SMBs across the US. Closely comparable product set and target borrower as Black Feather.

Broad incumbents

• Lendio: SMB lending marketplace connecting small businesses with multiple lenders including ABL and working capital providers. Adjacent comparison as a broader SMB financing aggregator in Black Feather's target market.
• AltLine (by Customers Bank): Bank-sponsored ABL platform partnering with community banks to deliver asset-based lending to SMBs. Comparable ABL focus but operates through bank partnerships rather than as a pure non-bank.
• White Oak Global Advisors: Specialty finance firm providing asset-based lending, factoring, and working capital solutions to US SMBs. Larger, broader incumbent offering similar products to Black Feather's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Black Feather Capital