Zíro provides financing solutions for manufacturers and distributors selling to small businesses in the Traditional Channel. The platform enables these suppliers to offer interest-free credit to their retail customers, thereby boosting sales volume and frequency. Zíro manages the credit risk, ensuring suppliers receive guaranteed payment according to agreed terms.
Funding
Funding not disclosed
Founders
Product
Problem
Small businesses often face cash flow challenges when purchasing inventory, limiting their ability to stock products and fulfill customer demand. Traditional financing options can be slow, cumbersome, and may not be easily accessible for businesses with limited credit history. This can hinder growth and create operational bottlenecks for businesses reliant on timely inventory replenishment.
Solution
Zíro provides a digital credit platform that enables businesses to obtain near-instant credit approval for purchasing inventory from suppliers, offering deferred payment terms up to 90 days. By integrating directly with supplier websites and physical stores, Zíro allows businesses to select it as a payment method at checkout, streamlining the financing process. The platform assesses creditworthiness using alternative data sources and provides a revolving credit line that can be used, repaid, and reused as needed. This allows businesses to procure inventory without immediate cash outlay, improving cash flow management and enabling them to fulfill orders promptly.
Target Audience
Zíro primarily targets small and medium-sized businesses (SMBs) that require financing to purchase inventory from suppliers, particularly those seeking flexible and rapid credit solutions.
Features
- Instant credit approval using a fully digital application process
- Integration with supplier websites and physical stores for seamless checkout
- Revolving credit line that can be used repeatedly as needed
- Deferred payment terms of up to 90 days
- User dashboard to track purchases, outstanding balances, and payment due dates
- Mobile-friendly platform accessible via smartphone