Prestamype

About Prestamype

Prestamype is a Peruvian fintech that provides factoring and secured loans to micro and small enterprises, enabling them to access immediate liquidity by selling their invoices or using real estate as collateral. By facilitating quick funding solutions, Prestamype addresses the cash flow challenges faced by small businesses, allowing them to maintain operations and grow.

<problem> Micro and small enterprises often face challenges in accessing timely and affordable financing, hindering their ability to manage cash flow and pursue growth opportunities. Traditional financial institutions may have stringent requirements or lengthy approval processes, making it difficult for these businesses to obtain the necessary capital quickly. This lack of access to immediate liquidity can impede their operational efficiency and limit their potential for expansion. </problem> <solution> Prestamype provides micro and small enterprises with factoring and secured loan solutions designed to improve their access to immediate liquidity. Through factoring, businesses can sell their invoices to Prestamype to receive immediate payment, while secured loans allow them to leverage real estate as collateral for financing. By offering these services, Prestamype enables businesses to overcome cash flow obstacles, maintain smooth operations, and invest in growth initiatives. Prestamype's factoring service allows businesses to unlock capital tied up in accounts receivable, while secured loans provide access to larger sums of capital for strategic investments. </solution> <features> - Factoring services that enable businesses to sell invoices and receive immediate payment - Secured loans that allow businesses to use real estate as collateral for financing - Streamlined application and approval processes for quick access to funds - Flexible loan terms and repayment options tailored to the needs of micro and small enterprises - Digital platform for easy management of financing solutions - Supervision by the UIF (Unidad de Inteligencia Financiera) in prevention of LA/FT (Lavado de Activos y Financiamiento del Terrorismo) </features> <target_audience> Prestamype primarily serves micro and small enterprises seeking immediate access to financing for working capital, debt consolidation, or growth initiatives. </target_audience> <revenue_model> Prestamype generates revenue through interest and fees charged on factoring and secured loan products. </revenue_model>

What does Prestamype do?

Prestamype is a Peruvian fintech that provides factoring and secured loans to micro and small enterprises, enabling them to access immediate liquidity by selling their invoices or using real estate as collateral. By facilitating quick funding solutions, Prestamype addresses the cash flow challenges faced by small businesses, allowing them to maintain operations and grow.

Where is Prestamype located?

Prestamype is based in Lima, Peru.

When was Prestamype founded?

Prestamype was founded in 2017.

How much funding has Prestamype raised?

Prestamype has raised 6900000.

Location
Lima, Peru
Founded
2017
Funding
6900000
Employees
215 employees
Major Investors
Oikocredit International, Acumen LatAm Impact Ventures

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Prestamype

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Executive Summary

Prestamype is a Peruvian fintech that provides factoring and secured loans to micro and small enterprises, enabling them to access immediate liquidity by selling their invoices or using real estate as collateral. By facilitating quick funding solutions, Prestamype addresses the cash flow challenges faced by small businesses, allowing them to maintain operations and grow.

prestamype.com20K+
cb
Crunchbase
Founded 2017Lima, Peru

Funding

$

Estimated Funding

$5M+

Major Investors

Oikocredit International, Acumen LatAm Impact Ventures

Team (100+)

No team information available.

Company Description

Problem

Micro and small enterprises often face challenges in accessing timely and affordable financing, hindering their ability to manage cash flow and pursue growth opportunities. Traditional financial institutions may have stringent requirements or lengthy approval processes, making it difficult for these businesses to obtain the necessary capital quickly. This lack of access to immediate liquidity can impede their operational efficiency and limit their potential for expansion.

Solution

Prestamype provides micro and small enterprises with factoring and secured loan solutions designed to improve their access to immediate liquidity. Through factoring, businesses can sell their invoices to Prestamype to receive immediate payment, while secured loans allow them to leverage real estate as collateral for financing. By offering these services, Prestamype enables businesses to overcome cash flow obstacles, maintain smooth operations, and invest in growth initiatives. Prestamype's factoring service allows businesses to unlock capital tied up in accounts receivable, while secured loans provide access to larger sums of capital for strategic investments.

Features

Factoring services that enable businesses to sell invoices and receive immediate payment

Secured loans that allow businesses to use real estate as collateral for financing

Streamlined application and approval processes for quick access to funds

Flexible loan terms and repayment options tailored to the needs of micro and small enterprises

Digital platform for easy management of financing solutions

Supervision by the UIF (Unidad de Inteligencia Financiera) in prevention of LA/FT (Lavado de Activos y Financiamiento del Terrorismo)

Target Audience

Prestamype primarily serves micro and small enterprises seeking immediate access to financing for working capital, debt consolidation, or growth initiatives.

Revenue Model

Prestamype generates revenue through interest and fees charged on factoring and secured loan products.

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