Novo, a Miami-based fintech and specialty finance company for SMBs, has secured $125 million in funding from Victory Park Capital. This investment will be used to establish Novo Funding, a working capital platform developed to address the credit access concerns faced by small businesses. Novo’s streamlined approach provides a user-friendly application process, efficient reviews, and prompt funds disbursement. 

Novo Secures $125M to Provide Small Businesses with Working Capital