Zelofinance provides a digital invoice‑backed financing platform that gives SMEs same‑day working capital against approved invoices, with repayment based on daily pricing tied to the buyer's payment date. The service eliminates fixed EMIs and paperwork, offering flexible, on‑demand liquidity through a regulated, online process.
Funding
Funding not disclosed
Founders
Product
Problem
SMEs often face cash flow gaps because payments on approved invoices can take 60‑90 days, and traditional financing requires extensive paperwork, fixed loan repayments, and lengthy approval processes.
Solution
Zelo offers a fully digital invoice‑backed financing platform that provides working capital within a single business day. Businesses upload approved invoices, and the automated system instantly funds the amount, applying a daily pricing model so borrowers only pay for the exact days the buyer takes to settle. The service eliminates fixed EMIs, reduces paperwork, and operates under a regulated, transparent framework, giving SMEs flexible, on‑demand liquidity to support growth and operational needs.
Target Audience
Primary customers are small and medium‑size enterprises in sectors such as construction, engineering, government contracting, marine, oil & gas, and utilities that need rapid, flexible working capital tied to their invoice receivables.
Features
- End‑to‑end digital onboarding: upload invoices, receive funding, and manage repayments online without in‑person visits or physical documents.
- Same‑day funding against approved invoices, delivering cash within one business day.
- Pay‑as‑you‑go pricing: interest accrues daily based on the buyer’s payment term, with no lock‑in periods or hidden fees.
- No fixed EMIs; borrowers draw down only the amount needed and repay proportionally to invoice settlement dates.
- Regulated and transparent platform licensed by the ADGM Financial Services Regulatory Authority, ensuring compliance and security.
- Human‑first support via phone and WhatsApp for personalized assistance throughout the financing process.