The former vice president, whose fundraising lagged during his previous bids for the White House, would this time enter the race with a base of support from many of his party’s major givers, according to interviews with 20 top Obama fundraisers, who each raised hundreds of thousands of dollars to help elect the former president.

Many of Obama’s backers say deciding which candidate or candidates to support in 2020 is difficult. But Biden, who a number of Obama’s funders count as a friend and former coworker in the administration, comes out of the gate with a crop of top-tier fundraisers ready to back his bid and other donors willing to cut personal checks to jump-start Biden’s campaign, though they might wait to throw the full power of their networks behind him.