Runway Growth Capital, a leading provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, has announced a recently originated $40 million senior secured term loan to Autobooks, a financial technology innovator providing integrated payment, invoicing, and accounting solutions specifically tailored for small and medium sized businesses. The capital investment will support Autobooks' continued expansion, including Autobooks' recently announced acquisition of Allied Payment Network, a provider of integrated flexible payment solutions. The acquisition is a strategic move that broadens Autobooks' platform capabilities and deepens its integration with financial institutions looking to offer small and medium sized businesses a comprehensive suite of solutions to meet their needs.

Autobooks is a leading provider of invoicing, digital payment acceptance, and accounting solutions for small businesses - fully integrated into online and mobile banking. Financial institutions choose Autobooks to deliver a modern, all-in-one experience for business customers, helping them get paid, pay others, and manage their accounting - all within digital banking.