Small businesses are the backbone of many economies around the world, but they often struggle to get the financing they need to grow and thrive. Instant Factoring, a fintech startup based in Bucharest, Romania, is changing this by providing small entrepreneurs with liquidity in as little as 24 hours, using cutting-edge technology and innovative financing solutions.
Fintech Factoring for Small Businesses
Instant Factoring is a fintech factoring platform that provides small businesses with flexible and innovative financing solutions. The platform is designed to help small entrepreneurs turn their invoices into cash quickly and easily, without the burden of bureaucracy and long response times.
Using robot-underwriting and machine learning-based credit risk algorithms, Instant Factoring is able to provide fast credit decisions and transactions transparency using the blockchain. The platform is powered by a unique and patented internal credit-scoring tool that leverages artificial intelligence and predictive analytics to rate customer invoices efficiently.
Revolutionary Features for Small Business Financing
Instant Factoring offers several distinguishing features that set it apart from traditional financing options. One of the most notable features is the use of blockchain technology to register the invoice portfolio ledger as an anti-fraud measure. This helps prevent double sales of invoices and ensures that the financing is secure and transparent.
The platform also offers up-front transparency on pricing, giving small businesses a clear understanding of the costs associated with their financing. And, with the internal algorithm continuously improving through machine learning, Instant Factoring is able to provide a significant competitive advantage to its clients.
Empowering Small Businesses for Growth
Instant Factoring’s mission is to enable the development of small businesses by providing them with the financing solutions they need to grow and thrive. The company estimates that more than 15,000 small businesses will use its services by the end of 2022, with an average value of invoice financed of approximately EUR 2,000.
With its innovative technology, flexible financing solutions, and commitment to small business growth, Instant Factoring is transforming the way small businesses get the financing they need to succeed.
Conclusion
Instant Factoring is changing the game for small business financing, providing entrepreneurs with the liquidity they need to grow and thrive. With cutting-edge technology, transparent pricing, and innovative financing solutions, Instant Factoring is a game-changer for small businesses around the world.
Website: https://www.instantfactoring.com/en/
Facebook: https://www.facebook.com/instantfactoring/
LinkedIn: https://www.linkedin.com/company/instantfactoring/?viewAsMember=true
Want to amplify your startup’s story? EU Startup News is your launchpad to reach startup founders, investors, and C-level execs across Europe. Discover our tailored promotional strategies such as Sponsored Articles and Partnerships. Click here to learn more or contact us directly at [email protected]. Join us, and let’s make your startup the talk of Europe!
