Aequitex is a digital factoring marketplace that enables small and medium-sized enterprises (SMEs) to sell their invoices online, providing immediate liquidity of up to 99% of the invoice amount. By streamlining the invoice upload and approval process, Aequitex offers SMEs a fast, transparent, and cost-effective alternative to traditional financing methods.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) often face challenges in managing their cash flow due to delayed payments from customers, which can take 30 to 90 days or more. Traditional financing options like bank loans or factoring can be slow, require extensive paperwork, and involve hidden costs, making it difficult for SMEs to access immediate liquidity.
Solution
Aequitex provides a digital marketplace where SMEs can sell their invoices to investors, gaining immediate access to funds. The platform streamlines the invoice uploading and approval process, offering a fast and transparent alternative to traditional financing. SMEs can receive up to 99% of the invoice amount, improving their cash flow and enabling them to invest in growth opportunities. Aequitex offers both recourse and non-recourse factoring options, catering to different risk preferences and credit ratings. The platform's AI-powered algorithm evaluates various factors to determine competitive discount rates, ensuring a balance between risk and reward for both investors and SMEs.
Target Audience
Aequitex primarily targets small and medium-sized enterprises (SMEs) based in Switzerland that need immediate access to liquidity from their outstanding invoices. The platform also caters to individual and institutional investors looking for opportunities to invest in receivables.
Features
- Online invoice uploading and evaluation process.
- Access to liquidity up to 99% of the invoice amount.
- Transparent fee structure with a small annual fee and a discount on each invoice sold.
- AI-powered algorithm for determining individual discount rates based on seller and debtor risk ratings, payment terms, and invoice age.
- Recourse and non-recourse factoring options.
- Integration capabilities with accounting/billing systems for automated invoice uploading.