Lendrose provides a platform that enables B2B professional service companies to offer financing options to their clients. This allows service providers to close more deals by removing financial barriers for their prospects.
Funding
Funding not disclosed
Founders
Product
Problem
B2B professional service companies often lose potential clients due to the clients' immediate budget constraints. Traditional financing options may not be suitable or accessible for these clients, creating a barrier to closing deals.
Solution
Lendrose provides a "Buy Now, Pay Later" (BNPL) platform tailored for B2B professional services, enabling these companies to offer financing options to their clients. This allows service providers to receive upfront payment for the full contract amount, improving cash flow and eliminating the need to chase invoices. Clients benefit from flexible payment plans with better interest rates than traditional financing, increasing their purchasing power and enabling them to access essential services without immediate financial strain. Lendrose integrates with existing payment platforms, requiring minimal changes to the service provider's existing business processes.
Target Audience
The primary customers are B2B professional service companies looking to increase sales by offering financing options to their clients.
Features
- Seamless integration with existing payment processors, requiring no changes to current business operations.
- Simple digital application process for clients to access payment plans.
- Upfront payment in full to the service provider, eliminating merchant fees and risk.
- Flexible payment options for clients, tailored to their cash flow needs.
- Loan terms ranging from 12 to 24 months.
- Serves a variety of industries including professional services, IT services, digital marketing, and consulting.