P2Binvestor (P2Bi), a marketplace lender, raised $7.7 million in Series A1 funding led by Rockies Venture Club (RVC), the largest angel investor network in Colorado and Future Venture Capital, a Japanese venture capital firm.

Like a traditional factoring company, P2Bi provides a line of credit secured by assets such as accounts receivable or inventory to a borrower company after conducting an underwriting review of the applicant and approving the credit. The P2Bi difference is in the cost of capital, terms offered and the online platform borrowers use to draw funds and manage their line of credit. P2Bi’s borrowers grow more than 50% year over year.

“This round of funds will be used to expand operations and invest in sales, marketing and technology as we scale to meet market demand and push toward our goal of truly disrupting the factoring industry,” said Krista Morgan, CEO and co-founder of P2Binvestor. “We’re seeing more interest in our model as venture funding hits a two-year low and more entrepreneurs are looking for ways to grow their business while preserving their equity using good-quality, flexible debt.”

P2Bi has funded more $350 million in revolving credit to its more than 80 borrowers since May 2014 and its average line of credit size is $1 million. P2Bi is projecting $8.2 million in revenue this year and will be cash-flow positive in 2017.