The startup provides capital funding services that enable brands and suppliers to complete purchase orders by analyzing their supply chain and funding requirements. This approach facilitates non-dilutive growth for businesses by addressing the need for immediate financial resources to manage inventory effectively.
Funding
$89.3M 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
Many businesses, especially startups and SMBs, face cash flow challenges when trying to fulfill large purchase orders, hindering their ability to scale and meet growing demand. Traditional financing options may be restrictive or require equity dilution, making it difficult for these companies to access the necessary capital to cover production costs and supplier payments.
Solution
Setscale provides purchase order (PO) financing solutions that enable businesses to fulfill customer orders without upfront fees or monthly interest charges. By directly paying manufacturers up to 100% of production costs, Setscale ensures that businesses can meet demand and scale operations effectively. Setscale evaluates each transaction individually, considering factors beyond credit scores to maximize access to capital. Repayment occurs when the end customer pays for the delivered goods, aligning Setscale's interests with the success of its clients.
Target Audience
Setscale primarily serves US-based startups and small to medium-sized businesses (SMBs) that sell physical products to credit-worthy domestic end buyers, including those in CPG, apparel, health and wellness, medical, and manufacturing industries.
Features
- Purchase order financing for up to 100% of production costs
- Fast and flexible funding solutions without upfront fees or monthly interest
- Holistic evaluation process considering factors beyond credit score
- Digital application process for quick assessment and funding offers
- Repayment terms aligned with customer payment cycles
- Non-dilutive financing, preserving equity for business owners