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Small business financing hits $50M month and $135M quarter as AI boosts entrepreneurship

Market News
22 Oct 2026
GlobeNewsWire
View Source
Bullish
Small business financing hits $50M month and $135M quarter as AI boosts entrepreneurship

Figure Technology Solutions' small business financing reached $50 million in funded loans in September 2026 and $135 million in Q3, with an annualized volume exceeding $500 million just 16 months after launch. The company uses blockchain technology to offer fast, efficient home equity lines of credit to small businesses, addressing a growing demand fueled by a surge in AI-driven entrepreneurship. With over 150 partners and a loan approval process as quick as five minutes, Figure's ecosystem is becoming a major player, ranking among the top 25 SBA 7(a) lenders by volume if annualized. This growth reflects the increasing need for accessible capital among small business owners who often leverage home equity for funding.

As of Oct 22, 2026 20:12 WIB, Figure Technology Solutions Inc. Class A Common Stock (FIGR) trades at USD 24.63 on Pluang, down 2.88% in the past day. The stock's market cap stands at $5.69 billion, with an enterprise value of $5.72 billion. Despite the recent dip, Pluang order activity shows strong buying interest at 100%, highlighting investor confidence in the company amid its rapid financing growth milestones.

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