"Financial backing" refers to the financial support provided to a person, organization, or project. It generally means having enough money to fund or invest in something.
This online drivers ed course was started 2 years ago and has received a ton of financial backing from investors. (drive-safely.net)
Together those four form a majority and were elected with financial backing from charter school supporters. (laschoolreport.com)
The source of financial backing for scientific studies was also a factor in determining what kinds of experimental studies would be conducted. (motherhoodinpointoffact.com)