Stand Number: 652
Founded three years ago, Spotcap was created to help businesses that face difficulties in obtaining financing. While working at some of the leading financial service institutions in Europe we noticed that the SME sector was underserved. Healthy businesses consistently struggled with getting access to capital injections at critical times; there was clearly an unmet need in terms of short-term flexible financing.
Over the past few years we have put our knowledge and passion into building a business that assesses credit-worthiness using a wider set of data than traditional loan providers. Our credit risk algorithm has been developed in-house and we lend from our own balance-sheet. The service we offer, a flexible credit line that gives businesses the freedom to make a drawdown when needed, has been well-received. To date £50 million worth of loans have been issued to businesses in Australia, the Netherlands, Spain and the UK across a diverse range of sectors.
Today Spotcap offers:
- A no fees credit line of up to £150,000
- Unsecured business loans that allows you to keep equity in your business
- Flexible payback terms without early payback fees
- A user-friendly financing process that allows you to focus on what matters the most - your business
For more information visit www.spotcap.co.uk or come see us at Stand 3150.
020 38 071 951