altbanq provides alternative lending solutions to small and mid-sized businesses that traditional financing has left behind. Where conventional lenders move in weeks, altbanq moves in hours — same-day decisions, same-day funding. Their model is built for entrepreneurs like Chaim Homnick whose growth is outpacing their paper trail: businesses that are scaling fast, acquiring assets, and expanding before the two years of financial history most banks require. To deliver on that promise, every part of altbanq's infrastructure has to move as fast as their borrowers do.

Chaim Homnick talks the way he works: fast, stacked, already on to the next thing.

"I am a serial entrepreneur. I own a few different companies in the children's education, recreation, and healthcare spaces." He doesn't build slowly. He identifies an opportunity, moves on it, and scales it before most people have finished writing the business plan. In the past year alone he acquired an early intervention agency, purchased an office building, and grew the team. Multiple things in motion at once is simply how Homnick operates.

Family Supports Management is the business at the center of Homnick’s bustling enterprise. They offer staffing for Health Home, HCBS and Applied Behavior Analysis (ABA) therapy for children across New York state. To date, the business has delivered more than 50,000 therapy hours and served over 300 children. When Homnick saw an opportunity last year to acquire Stand Out Care, an early intervention agency with a big footprint, he knew it could expand Family Supports Management's offering in a big way. He ran towards it. 

Which meant he needed financing. And that’s when he hit the wall that stops most growing businesses cold: lenders that don’t move fast enough.

"When you're trying to scale and at the same time purchase new businesses or assets for your company, that's where the traditional financing is tough. Without two years of records, no one wants to make those loans."

This wasn't an obscure edge case. He was dealing with the standard experience for any entrepreneur whose growth is outpacing their paper trail. The opportunity was there, but the two-year financial history wasn't. Traditional lenders looked at the gap and passed.

"We needed a funding source that's going to help us as we're scaling. Quick access to capital without years of financial history."

He found altbanq. They funded him the same day.

"The most impressive part is how quickly they move. They literally responded the same day. The underwriting — which I assume is the Middesk piece — is what makes that possible. Super smooth, super quick."

He's right about the Middesk piece.

altbanq's ability to return a same-day response is core to their business strategy. But strategy alone doesn't make it possible. The infrastructure underneath the lending decision has to be fast enough to support it.

Before their partnership with Middesk, their verification stack was functional but fragmented, and the seams showed in the workflow. Thomson Reuters Clear for KYB and KYC, CSC for UCC searches and filings — and a team of analysts trying to piece everything together. Whenever a UCC search was needed, it wasn't part of the credit team's process. They'd pass the information to someone on operations, operations would go into CSC, run the search manually, and pass the results back. Every deal moved at the speed of those handoffs.

"What stood out to us was that Middesk actually listened. When we flagged gaps in what we needed, they built it. You don't see that often — a vendor that takes your feedback and comes back with a solution" said Samuel Twersky, Chief Risk Officer at altbanq.

When Middesk launched UCC capabilities, altbanq integrated and the handoff disappeared. The credit team runs searches themselves now, with secretary of state checks, liens and judgments, UCC searches and filings, industry classification feeding directly into Salesforce, all through a single API. "It's literally decision making at the click of a button" Samuel says. Certain industries auto-decline before a human ever touches the file. The queue that used to sit between a decision and the data supporting it is gone.

A harder problem got solved too. Complex deals sometimes required multiple debtors, and CSC had a hard cap on how many it could handle. Hitting it meant manual workarounds with more time, more room for error, more friction at exactly the moment a deal needed to move. Middesk removed the cap — and the workarounds — entirely. "The assumption in this industry is that moving fast means taking on more risk. Middesk removed that tradeoff for us. We're making better-informed decisions, faster than we ever could before. For borrowers like Chaim, that's the difference between closing a deal and missing it" says Samuel. 

Homnick felt that difference firsthand. "It was a vital time to get the funding because we wanted to execute quickly on buying a business that fits within what we do and that we thought was scalable. But it didn’t have a traditional history yet."

With the quick funding, the acquisition closed and the early intervention agency Stand Out Care became part of Family Supports Management. The business Homnick was already building got bigger, faster, and more capable of serving the families that need it.

"Their funding enabled me to take the plunge."

That's what access to capital at the right moment makes possible. Entrepreneurs like Homnick don't wait: they find someone who can move as fast as they do. altbanq earned his business because Middesk made them fast enough to say yes.