FORT Capital Resources Acquires Majority Stake in Malartu
Today we are pleased to announce that FORT Capital Resources has acquired a majority stake in Malartu.
About FORT Capital Resources
FORT is an independent commercial finance company servicing public and private organizations in capital asset intensive industries. With the ability to service commercial finance transactions ranging from $20,000 to $10+ Million, for early stage growth companies through to the enterprise, FORT brings value to every phase of our clients development.
Our Collective Vision
Since founding Malartu in 2015 we’ve been on a mission to help businesses grow. From the early days of broadening access to capital, to today, by clarifying opportunities through data. We’ve come a long way since 2015, helping hundreds of businesses, from sales organizations to accounting firms to investment funds, analyze over 1 million data points per month.
Joining forces with FORT expands upon our vision and furthers our ability to help businesses grow. Together we will help business owners gain access to fast, low-cost, and transparent capital through a modern, purpose-built financing platform.
Manufacturers, resellers, and vendors know that offering financing options to their customers is a complicated, burdensome process. Vendors need a way to provide low-cost financing to customers but existing solutions are antiquated, lack transparency, and weren’t built with the customer-vendor relationship in mind.
By combining forces with FORT, we will be able to offer businesses and their customers fast, low-cost, and transparent financing options for growth. We are thrilled to join FORT Capital Resources and get to work bringing this new platform to market.
What This Means for Malartu Users
Going forward, we will be focused on developing this new financing platform, to be formally announced by FORT Capital Resources in the coming months. New Malartu account registrations will be closed; however, existing Malartu customers should not experience changes to their accounts, organization, or billing. While we are not planning further feature development for Malartu, we will provide security updates as necessary and may provide bug fixes. All customers will retain access to all of their data, dashboards, metrics, and billing information.
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Finally, we want to express a sincere note of gratitude to our customers, investors, and advisors who have spent time with us in person, over the phone, on web conferences, and in email threads. Your feedback and support have helped make Malartu what it is today.
From the bottom of our hearts, thank you for joining us on this journey.
Sean Steigerwald, Jon Spinney, and Lewis Sheats
Co-founders @ Malartu