Fast Pass Direct Lending
Financial Services
Hollywood, Florida, United States
31 employees
- Employees
- 31
Fast Pass Direct Lending Overview
- Headquarters
- Hollywood, Florida, United States
- Website
- www.fastpassdirectlending.com
- Industry
- Financial Services
- Employees
- 31
- Founded
- 2019
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
About Fast Pass Direct Lending
Fast Pass was formed as a specialty finance ecosystem to directly address the immediate capital needs of small businesses across America, to work in collaboration and through examination of viability, sustainability and long-term profitability. We formed Fast Pass in 2020 and set out to expand on funding alternatives to help small businesses by allowing them a more direct path to restructuring during economic downturns and challenges. In the fall of 2019, Congress made several changes to the Bankruptcy Code. One of those changes, the Small Business Reorganization Act (SBRA), created a new subchapter of Chapter 11—Subchapter V—providing a simplified, equity-friendly, and potentially less expensive route to bankruptcy reorganization for small business debtors. While no one could have predicted the nature and level of economic uncertainty encountered in 2020, the 2019 SBRA is proving to be a useful tool for struggling small businesses. Our mission is to be the first responder to small businesses, “Main Street Businesses” across America. Our primary objective is to deploy working capital and where necessary, “consultive” capital solutions which enable the small business owner and operator to maintain, thrive and flourish in their business forward.