Floryn is a technology-driven automated B2B lending platform that provides flexible financing solutions, including business loans and credit lines, with a streamlined application process that takes just two minutes and delivers funds within 24 hours. By eliminating the need for extensive documentation, Floryn addresses the challenge of slow access to capital for businesses, allowing them to quickly secure funding for growth and operational needs.
Funding
$64.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NGFounders
Product
Problem
Small and medium-sized businesses (SMBs) often face challenges in accessing timely financing due to lengthy application processes and extensive documentation requirements from traditional lenders. This can hinder their ability to quickly secure funds for growth opportunities or operational needs.
Solution
Floryn provides an automated lending platform that offers flexible financing solutions, including business loans, credit lines, factoring, and business mortgages, to SMBs. The platform streamlines the application process, enabling businesses to apply in minutes and receive funds within 24 hours. By leveraging technology and readily available data, Floryn eliminates the need for extensive paperwork and provides quick access to capital. Businesses gain access to a financial dashboard providing insights into their financial situation, and can access funding as needed.
Target Audience
Floryn primarily targets small and medium-sized business owners seeking quick and flexible financing solutions to support their growth and operations.
Features
- Online application process that takes only 2 minutes
- Funding available within 24 hours of approval
- Flexible financing options, including business loans, credit lines, factoring, and business mortgages
- Credit limits that grow with the business
- Financial dashboard for real-time insights
- No penalties for early repayment
- Personal account manager available