POSfinance provides revenue-based financing solutions for small and medium-sized businesses, offering flexible capital tied to their sales performance. This allows businesses to access funding without traditional loan requirements, scaling repayments with their revenue.
Funding
$159.6K 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 businesses often struggle to access capital through traditional loans due to fixed payment schedules that don't align with fluctuating revenue streams. This inflexibility can hinder growth and create financial strain during slower periods.
Solution
POSfinance offers revenue-based financing solutions tailored for small and medium-sized businesses, providing capital with flexible repayment terms directly tied to their sales performance. This approach allows businesses to access funding without the constraints of fixed payments, enabling them to scale repayments in proportion to their weekly revenue. Using open banking solutions, POSfinance automates the repayment process, adjusting the amount based on a pre-agreed percentage of weekly income. This ensures that repayments are manageable during lean times and accelerate during periods of high revenue, promoting better cash flow management and business stability.
Target Audience
The primary target audience includes small and medium-sized businesses with consistent weekly revenue seeking flexible financing options to manage cash flow and invest in growth.
Features
- Financing amounts ranging from 5,000 to 25,000 EUR
- Flexible repayment terms, ranging from 5% to 25% of weekly revenue
- Loan terms from 3 to 12 months
- Fast online application process with indicative offers provided within 2 hours
- Funds disbursed within 2-3 days of approval
- Automated weekly repayments via open banking