As we look to 2025, cash flow underwriting is set to unlock billions in capital for America’s 31 million small businesses, 10 million of which currently struggle to secure financing due to traditional, asset-heavy lending models. By focusing on a business’s revenue streams and cash flow rather than collateral, lenders can extend credit to strong, asset-light companies that would otherwise be overlooked. Already, we’re seeing positive impacts: lenders adopting cash flow underwriting are deploying more capital, supporting retail and service-oriented businesses, and empowering growth in local economies. This shift has the potential to drive job creation, innovation, and resilient small business communities across the U.S., catalyzing a thriving small business landscape.
Ned, an end-to-end lending technology SaaS solution that brings cash flow transparency to small business lending, enables lenders to qualify more borrowers and deploy more capital effectively. The FinTech startup was referred to MAG PR by Forum Ventures, eager to make a splash with their seed funding announcement and establish a baseline for their thought leadership platform.
The Challenge: Bringing the Importance of Back-End Tech to the Forefront
Dave Silverstein, Founder & CEO of Ned, shared his primary visibility goal from the start: Leverage the funding news to validate the value that Ned brings to the table—helping lenders shine a light on business performance to qualify borrowers and deploy pent up billions— especially on the precipice of a major economic shift.
Our team deliberated on potential media targets and got to work on our mission to secure an exclusive. Our objective was to lead with a deep-dive on the funding news, drive a full media campaign to follow for additional pick-ups, and spend the remaining weeks heads-down on thought leadership-related pitching to continue the momentum through our project term.
MAG PR Strategy: Lead with the Breaking (Tier 1) Exclusive
After a swift review of the press release which had already been developed and pre-approved by leading investors, MAG PR built the media list and conducted embargo outreach to select journalists we believed had the interest and bandwidth to commit to an exclusive and break the funding news.
Key Outcomes: Top Tier Coverage & Amplification
MAG PR secured Ryan Lawler, a leading fintech journalist at Axios, to break the story with an exclusive published on October 22, 2024. Ryan’s coverage provided a compelling narrative that extended beyond the press release and positioned Ned as a disruptor in the fintech space.
Following the exclusive, MAG PR launched a full-court press with our broader media list, resulting in additional coverage in:
Fortune’s Term Sheet
StrictlyVC (TechCrunch editor’s newsletter)
Axios Pro Rata
FinTech Collective
This Week in FinTech
FinSMEs, and more.
To sustain momentum, MAG PR integrated Ned into relevant thought leadership conversations, emphasizing Dave’s founder journey and Ned’s mission. Opportunities include:
Authority Magazine: A feature story on Dave’s leadership journey.
FinTech Impact Podcast: A guest appearance slotted for Q1 to share insights into cashflow lending innovation.
Financial Technology Today: An op-ed on addressing small business financing challenges.
Digital Executive Podcast: A podcast appearance booked for late December complemented by a written op-ed.
By leveraging Ned’s funding milestone to create a ripple effect of media opportunities, MAG PR successfully positioned Ned as a forward-thinking innovator in fintech, building credibility and opening doors for future growth.