Grapple offers financing and B2B payment solutions that enhance cash flow management through flexible payment terms and efficient transaction processing. This approach enables businesses to lower operational costs and improve financial liquidity, addressing the challenges of cash flow volatility.
Funding
$35M 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.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) often face challenges in managing their cash flow due to delayed customer payments and the need to pay suppliers upfront. Traditional financing options can be slow, cumbersome, and may not align with the specific needs of SMEs, leading to operational inefficiencies and hindering growth opportunities.
Solution
Grapple provides a suite of digital working capital solutions designed to improve cash flow for SMEs through flexible payment terms and streamlined transaction processing. The platform offers various financing options, including invoice finance, supplier finance, and a SaaS solution for third-party lenders. Grapple's technology integrates with existing invoicing software to provide real-time data transfer, facilitating faster approvals and funding. By offering transparent access to a working dashboard and a faster path to approval, Grapple aims to empower SMEs with greater control over their finances and enable them to capitalize on growth opportunities.
Target Audience
Grapple primarily targets Australian small and medium-sized enterprises (SMEs) seeking to improve their cash flow management and access flexible financing solutions. The platform also caters to lenders, banks, and intermediaries looking to leverage Grapple's LendTech solutions through its SaaS offering.
Features
- Digital invoice financing solutions, including GrapplePlus (facility invoice finance), GrappleSelective (selective invoice finance), and GrappleNow (disclosed invoice finance with interest-free installments for customers).
- Supplier finance solutions like GrapplePay, enabling businesses to pay supplier invoices over four monthly installments.
- SaaS platform licensing for third-party lenders, banks, and intermediaries, offering LendTech capabilities across the entire product suite.
- Integration with existing invoicing software for live data transfer and streamlined processing.
- Transparent working dashboard providing instant access to essential financial information.
- Fast approval and funding process, reducing wait times compared to traditional financing methods.
- Broker platform for managing deals and accessing financing solutions.