The startup operates a lending crowdfunding platform that connects individual and institutional investors with opportunities to finance the purchase and collection of receivables from public and private entities. This model enables lenders to achieve short-term returns while providing essential liquidity to organizations reliant on timely payments.
Funding
$230K 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 obtaining timely payments for their goods or services from public and private entities, leading to cash flow bottlenecks. Traditional financing options may not be readily available or suitable for these organizations, especially when dealing with receivables tied to lengthy payment cycles.
Solution
Profit Farm operates a lending crowdfunding platform that connects individual and institutional investors with opportunities to finance the purchase and collection of receivables from public administrations or other debtors with similar solvency. The platform enables investors to earn returns by funding the acquisition of these credits, which have already been legally certified and are nearing the final stages of collection. By financing these operations, lenders can achieve returns, while providing liquidity to organizations that rely on timely payments. Profit Farm conducts due diligence on each project, assessing the project owner, the project itself, and the underlying credit to mitigate risks.
Target Audience
The primary target audience includes individual and institutional investors seeking alternative investment opportunities with fixed returns, as well as SMEs and other organizations looking to monetize their receivables and improve their cash flow.
Features
- Platform for lending crowdfunding specializing in receivables from public administrations and other solvent entities
- Investments starting from a minimum of €500
- Potential returns for investors
- Due diligence process to assess the viability and risk of each project
- Claims are secured by a final and unappealable judgment
- A team of professionals with experience in the field of credits towards the Public Administration and NPLs