Steady 50% Year-Over-Year Average Growth Rate Since 2020 Fuels Success for Alternative Business Lender
CHARLESTON, S.C., Feb. 10, 2025 -- Breakout Finance (the "Company" or "Breakout"), a leading provider of tailored working capital solutions, today announced its fifth consecutive year of growth in term loan originations. Since its inception in 2015, the Company has originated more than $500 million in loans for borrowers in nearly all 50 states, and continues to redefine the process of securing short-term financing for its business clients.
By leveraging advancements in technology and developing a niche as a trusted alternative to costly Merchant Cash Advances (MCAs), the Company has enabled businesses to optimize cash flow, bridge financial gaps and achieve meaningful growth. Breakout has sustained an impressive 50.5% average annual growth rate in loan origination volume since 2020, an accomplishment driven by its cutting-edge technology and strategic market positioning. Its innovative underwriting platform has allowed the Company to expand capacity without increasing overhead, keeping its process agile and competitive in the fast-paced U.S. fintech business lending market.
"Achieving our fifth consecutive year of growth in loan originations is a significant milestone for our team," said McLean Wilson, President and CEO of Breakout. "We've built a strong foundation by hiring exceptional talent capable of developing the technology, streamlining our operations and deepening relationships with key referral partners. This milestone reflects both the strength of our team and the trust our clients and partners have in us."
Beyond its technological edge, Breakout sets itself apart by prioritizing transparency and trust in an industry often marked by skepticism. The Company has carved out a distinct identity as the trusted partner to banks, factors and asset-based lenders, helping clients consolidate expensive debt and achieve financial stability. With a proven strategy, robust technology and a dedicated team, Breakout is setting ambitious goals for 2025 and beyond.
"We've built a well-oiled machine and are prepared to scale," said Wilson. "Our focus now is to take Breakout, and our borrowers, to even greater heights in the coming years."
About Breakout Finance
Breakout Finance is an alternative business lender based in Charleston, South Carolina, with a focus on tailored working capital solutions that cater to the specific needs of its small business clients across the country. The Company streamlines the process of securing short-term loans, allowing clients to efficiently optimize cash flow and bridge financial gaps for business growth. In addition, Breakout provides invoice factoring solutions for businesses to unlock liquidity from outstanding invoices for operational expansion.
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