- 1With default rates consistently 40% below industry averages, Elevate Funding's COO explains their data-driven approach to portfolio management and merchant selection.
- 2Expansion beyond the two core verticals
- 3Specialization compounds: vertical focus is driving faster decisions and stickier broker relationships.
What happened
With default rates consistently 40% below industry averages, Elevate Funding's COO explains their data-driven approach to portfolio management and merchant selection.
Moneyline confirmed the details with 3 people with direct knowledge, who asked not to be named because the matter is not yet public. This story on Elevate Funding is developing; we will update it as filings and statements land.
Why it matters
In a market where most funders compete on speed and price, specialization is an under-used edge. Vertical focus lets underwriters see patterns in deposit behavior that generalists miss, and it compounds: better data, tighter pricing, stickier broker relationships.
The numbers behind it
The figures below come from Moneyline's data desk, drawn from verified member submissions and public filings. They are directional, not audited — but they are the clearest picture available today.
What we're hearing
Brokers who submit to the shop describe fast, consistent decisions and fewer surprise stipulations. The critique, where there is one, is a narrow box: files outside their verticals rarely get a look.
We stopped trying to fund everything. Two verticals, done exceptionally well, beat ten done fine.
What to watch
- Expansion beyond the two core verticals
- Renewal pricing as competition for healthcare files intensifies
- Credit-facility capacity heading into 2027
Reporting by Jessica Wu. Tips and corrections: editorial@moneyline.com.
