Are you looking for competitive financing without collateral or for financed flexible pay?
You are in good company with your requirement!
In Greece, for example, 70% of small and medium business have no access to reasonably priced financing and 42% of enterprises see financing as a bottleneck – either too high demand for collateral, too expensive or too difficult to get to.
While Corporates have access to financing, they are looking to reduce working capital, but typically have exhausted all the common levers to do so.
For the above, the mental health of 54% of all employees is negatively impacted by financial stress!
Benfinia can give you both, competitively!
Independent if you are a small or medium business (SMB), an Enterprise or a Corporate, benfinia can give you flexible financing or reduce your working capital and give your employees free flexible pay, leading to well-being and thereby resolve above outlined problems!
Typically, the impact benfinia‘s services have on Small & Medium Businesses (SMBs), Enterprises and Corporates varies around the relative importance of each of our three products to the businesses:
For SMBs, the financing at competitive rates without collateral aspect will be the more important, the greater difficulties they have in getting financing today.
For Enterprises, with increasingly improved access to financing, employee well-being and the branding opportunity from improved ethical scoring becomes an increasing consideration in their decision making process.
For Corporates, who typically have no problem to receive competitive financing, the employee well-being and the ethical branding opportunity become a more dominating decision criteria, supported by the essentially “free” nature of these benefits from benfinia when provided together with the competitive financing. However, the ability to reducing working capital will be of interest to many.
