Our story
We built what we wished existed.
Borrowrig started because Daniel Vasquez watched small businesses — including his family's — get turned down by banks that couldn't read a live P&L.
The problem we're solving
Traditional lending wasn't designed for small business.
Bank credit underwriting was designed for large companies with audited financials and dedicated finance teams. The instruments — FICO scores, two years of tax returns, collateral appraisals — take 30 to 60 days and produce a binary yes/no on businesses that have grown substantially since those returns were filed.
SMBs make up the majority of US private-sector employment. They run on QuickBooks. They have live bank feeds. A lender who can read that data directly can make a credit decision in hours that is more accurate than one made after weeks of document review. Borrowrig is built to do exactly that — and nothing else. We don't serve enterprise. We don't offer term loans or factoring. We underwrite revolving working capital lines for established small businesses using their own operating data.
How we operate.
Transparency first
Every factor in your underwriting decision — revenue trend, cash buffer, accounts receivable aging — is visible to you in your dashboard. We are not a black box. You know exactly what data we read and how it affected your offer.
Speed with rigor
Underwriting velocity doesn't come from cutting corners — it comes from better data. We analyze 12–24 months of actuals in minutes because the model runs on structured accounting and bank feeds, not on a loan officer's calendar.
SMB-native
We don't serve enterprise accounts. We don't offer factoring, SBA loans, or merchant cash advances. Borrowrig does one thing: revolving working capital lines for US-based SMBs with $20K+ monthly revenue. That focus makes us better at it.
Austin-built
Founded in Austin, TX — a city of independent restaurants, contractors, retail shops, and professional service firms. We lend to the same businesses we see every day.
Meet the founder
Daniel Vasquez
CEO & Co-Founder
Before starting Borrowrig, Daniel spent five years building credit risk models for an Austin-based fintech that served commercial lenders — reviewing how loan decisions got made, and how often they missed the mark on SMBs. He watched businesses with strong QuickBooks revenue get declined because their 2019 tax return showed a bad year. In 2023 he co-founded Borrowrig to underwrite those businesses on their actual operating data, not on paperwork that lags reality by two years.
Read our full team story