PHOENIX–(BUSINESS WIRE)–Business Warrior Corp. (OTC: BZWR), the source for small businesses in America to get more customers, today announced a Letter of Agreement (LOU) with Fuel Me, the first-of-its-kind technology platform providing scaling National Fuel Procurement and Management Services, to fund up to $25 million in loans from March 1, 2022 through December 31, 2023, through the new Business Warrior funding platform.
Business Warrior Funding is the latest small business solution from Business Warrior. The recently launched platform uses next-generation underwriting, powered by machine learning, to make the funding process accessible and streamlined for business owners across the United States. This new lending solution leverages Business Warrior’s expertise and strategic partnerships to help entrepreneurs grow their business and offset the challenges often associated with traditional bank lending.
Fuel Me has leveraged decades of experience in the power distribution industry to develop an innovative and disruptive technology solution, alongside a network of over 1,200 suppliers nationwide. Fuel Me delivers fuels, such as clear or red diesel for trucks, machines, generators or tanks, anywhere, anytime. The company also offers marina services and has developed a virtual fuel card to make it simple and easy to track purchases. Fuel Me is revolutionizing fuel supply while expanding clean energy product initiatives and positioning itself as the energy distribution solution of the future.
“Partnering with Fuel Me is a perfect fit for Business Warrior Funding and our core mission of shortening the time it takes small businesses to access growth funding,” said Jonathan Brooks, President of Business Warrior. “This deal is an incredible first win for the long-term vision of our finance product, giving us the ability to further develop and scale our software and operations with the support of a proven company in Fuel Me.”
The deal was facilitated by elev8 Advisors Group, a leading fintech advisory group with a proven track record of delivering value-added products and programs to market.
Business Warrior Funding and Fuel Me have agreed to a letter of agreement that will give Fuel Me and its clientele access to $25 million in loan commitments for 18 months. All funds from this partnership will go to small businesses and lead to additional funding and growth opportunities for Fuel Me’s growing number of suppliers.
“Fuel Me aims to empower small businesses by providing cost-effective enterprise resource management and fueling solutions,” says Carlo Passacantando, CEO of Fuel Me. “With Business Warrior Funding, we see a natural partner that will help us engage with our supplier base and encourage more small business owners who just need that extra financial help.”
About Fuel Me
Fuel Me LLC is a technology company offering a modular service platform designed to provide contactless and managed fuel and energy services for fleets, vessels, heavy equipment, power generation, race and venues. Fuel Me also offers the first Fleet Suite Utility Wallet, allowing customers to purchase fuel with a virtual fuel card, using NFC technology at the pump. Through our EV Fuel Me division, we offer a full range of portable generators and booster stations that are 100% environmentally compliant (using our patented CNG process), as well as on-demand contactless charging at the national scale. Our mission is to be the global leader in fuel management and vehicle charging for consumers and commercial customers. Our delivery strategy and business model will increase asset utilization, increase profits, eliminate inefficiency and improve safety standards across the industry. For more information, visit www.fuel.me.
About Business Warrior
Business Warrior is a SaaS company that provides small businesses in the United States with a suite of data-driven, next-generation marketing and finance solutions to build local market dominance. Founded in 2014, Business Warrior is solely focused on delivering locally targeted lead generation marketing and finance solutions that fuel small business growth. Using next-gen machine learning and native software, Business Warrior has made growth financing and conversion marketing accessible to thousands of underfunded and underfunded small business owners. For more information, visit BusinessWarrior.com.
About elev8 Advisor Group
elev8 Advisors Group is an omnichannel leader in payments and fintech with a deep-rooted history in the financial services industry. elev8 works with and advises disruptors in the payments ecosystem to create scale and product adoption in all markets and has helped dozens of banks and fintech companies grow real profits to over 2.4 billion since 2019. elev8 is changing board expectations to be that of partnerships and win/win outcomes for all and is one of the fastest growing private companies in the United States.
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