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Get an overview about re:cap.
re:cap arranges debt financing for growth-focused small and mid-sized companies in the EU and the UK, and runs a platform that keeps their financial data current.
re:cap is not the lender. It assesses your financial position, matches it against the criteria of banks, credit funds and alternative lenders, and arranges the facility with whichever provider fits. You borrow from that provider, not from re:cap.
The platform side answers what you can raise and what is limiting it, from one connection to your bank, accounting, payment and billing data. You can use it without taking any financing.
re:cap works with growth-focused small and mid-sized companies in the EU and the UK.
re:cap is not restricted to technology companies. Gambling, crypto exchanges, cannabis and comparable regulated sectors are excluded, because our capital providers exclude them.
The quickest way to find out is the capital readiness check, which runs from your website address in about a minute and needs no account.
See our case studies for what companies have actually done with it.
re:cap arranges financing on behalf of companies and places it with banks, credit funds and alternative lenders.
For a capital provider that means pre-analysed opportunities. A company arrives with its bank, accounting and revenue data already connected, current and verified, rather than with a spreadsheet and a deck. Providers set their own criteria, and re:cap matches companies against them before making an introduction.
Institutional investors also use the platform to monitor portfolio companies from live data rather than from quarterly reporting.
If you are a capital provider and want to see financing opportunities from re:cap, email contact@re-cap.com.
The platform. Essential is free, at €0 per month. Pro starts at €79 per month and scales with your annual revenue. Pricing as of August 2026. The capital readiness check is free and needs no account, and your eligibility for financing does not depend on any subscription.
The financing. re:cap does not publish a standard interest rate, because facilities are arranged from several different capital providers and each is priced per company. What you pay depends on the provider, the facility type, the term, the security offered and your financial profile. You see indicative pricing during onboarding and firm pricing in the provider's term sheet, before you commit to anything.
Your data is stored and processed in Germany, on infrastructure we develop and host ourselves. It is encrypted with AES-256 at rest and TLS 1.2 or higher in transit, under GDPR, and multi-factor authentication is required.
Data connections are read-only. re:cap can read your accounts; it cannot move money. We do not train models on customer data, and we do not share your financial data with third parties other than a capital provider you have asked us to approach.
Capital OS is re:cap's name for the platform, and the name you see inside the app. It has two sides.
Agentic advisory answers the questions. Capital readiness tells you what financing your business could obtain, roughly how much, on what terms, and what is holding the amount back. Financial health tells you how the business itself is doing: what changed, how you compare with your peers, and where the risks sit.
Platform capabilities are what those answers are built on. Financial metrics calculated from your connected data and kept current, peer benchmarks against companies like yours, cash forecasts that update as actuals arrive, and alerts when a number moves in a way that changes what you can raise.
All of it runs from a single read-only connection to your bank, accounting, payment and billing data.
You connect your data, re:cap works out what you can raise, and then arranges the facility with a capital provider. There are two tracks.
Fast track. For smaller facilities. We assess your bank and accounting data and confirm the amount directly, usually within about a week. No business plan, no financing plan, a single drawdown.
Tailored track. For larger volumes and more complex situations. We build a financing plan with you: how much capital you need, when it has to be available, and what it will cost. It needs more data and pays out from about three weeks.
You can start on the fast track and move up later. Your data carries over.
Every facility re:cap arranges is against a purpose.
See our case studies for what companies have actually done with it.
It depends on the facility.
These are the ranges our capital providers write most often, and individual providers go outside them in both directions, particularly for working capital. What you can get depends on your financial position, which the capital readiness check estimates before you speak to anyone.
re:cap does not publish a standard interest rate, because facilities are arranged from several different capital providers and each is priced per company.
What you pay depends on the provider, the facility type, the term, the security offered and your financial profile. You see indicative pricing during onboarding and firm pricing in the provider's term sheet, before you commit to anything.
Published figures quoting a single re:cap interest rate describe a discontinued balance-sheet lending product and are out of date.
On the fast track, about a week from the point your data is connected. On the tailored track, from about three weeks.
The timeline depends mostly on how quickly you connect the data and answer questions. Once a facility is approved and you request a drawdown, funds typically arrive within two business days.
Eligibility gets you into the process. What a capital provider will actually finance comes down to the numbers. Once your data is connected, the assessment looks at:
The capital readiness check tells you which of these already sit inside the range providers look for, and which are holding the amount back.
Both tracks run on the same platform. What differs is the amount, the data needed and the speed.
1. Create an account and connect your data. Enter what you need the financing for and connect your bank accounts securely. For the fast track, bank and accounting data is enough. For the tailored track, we also look at your customer and invoice data and your business plan, so we understand your goals and how you will use the money.
2. Financing plan, tailored track only. After a first review of your data we build the plan with you: how much capital you need, when it has to be available, and what it will cost. On the fast track this step falls away and your amount is confirmed directly.
3. Term sheet, tailored track only. You receive terms from the capital provider, which you can use for your own internal decision. We are there for questions along the way.
4. Due diligence, tailored track only. Once the term sheet is signed, the provider reviews your banking, accounting, revenue and customer data along with key business metrics. re:cap prepares and runs that process with you.
5. Request your payout. You request the drawdown in the platform. On the fast track that is a single tranche. On the tailored track it can be the first of several across the term of the facility.
It depends on your track. For the fast track we need your bank and accounting data. For the tailored track, revenue and customer data come on top, plus a look at your business plan. In both cases view-only access is enough, connected securely through the platform. That is how we can arrange the best terms available to you.
For both tracks
All business bank accounts and payment service providers
Accounting data
Additionally for the tailored track
Revenue and customer data
Business plan
We need the data to assess your funding terms. Based on your data, we can verify that re:cap is a fit for your business. Assessing this data will help us with our risk analysis. We can determine the terms for your company.
It depends on the facility and the provider. Growth lending typically runs 12 to 48 months. Working capital facilities are usually shorter, acquisition finance longer. Grace periods are available with some providers.
The exact term is set in the provider's term sheet, and you see it before you commit.
re:cap itself never takes equity, warrants, board seats or voting rights.
Most facilities we arrange are non-dilutive and require no personal guarantee, but not all. Some third-party capital providers use warrants or equity kickers, and a few ask for a guarantee. Where that applies you are told before anything is arranged, and you can decline that provider.
Security is usually a pledge on receivables rather than a personal guarantee.
Yes, manual data upload is possible. We provide a spreadsheet template you can use.
However, we recommend subscription tools, as it keeps efforts lower and processes are faster.
Raising equity is slow, tying up your team for months. It carries direct costs for legal fees and advisors, often six figures. It also means giving up control, since major investors take board seats and require ongoing investor relations. And you give up equity.
re:cap arranges debt instead. No shares, no board seats, no say in your company, with facilities from €50,000 up to €20 million depending on what you are financing. Unlike equity, it is repaid.
The assessment will also tell you when debt is the wrong instrument for what you are trying to do.
Venture debt is usually sized against your most recent equity round, so it works best for venture-backed companies. It often carries warrants, takes a broad security package across your assets, and sometimes comes with board observer rights. Capital is rarely disbursed in full up front: later tranches depend on hitting milestones, and you may end up drawing money you no longer need.
re:cap sizes against the business itself rather than against a round, and does not require venture backing. Companies that have never raised equity are financed regularly. re:cap takes no equity, no warrants and no board seats of its own, and security is typically limited to a pledge on receivables.
re:cap also arranges from several capital providers rather than lending its own money, so you can see more than one offer.
Yes. We can finance companies that are part of a group structure, as long as it is clear that the company we are financing is the actual contracting party. In some cases a letter from the parent company is needed. We are happy to talk through your specific structure.
Yes. Financing arranged through re:cap can sit alongside bank loans, venture debt, venture capital or private equity. Whether a specific provider allows it depends on the terms of your existing facilities, and the assessment takes your existing debt into account.
No, EBICS is not a generally accepted standard for open banking. You can provide data for those bank accounts manually.
You connect your bank accounts, accounting, payment and billing data once, read-only. re:cap keeps that data current and turns it into two things: a live picture of how the business is performing, and an answer to what financing you could obtain and on what terms.
If you want that financing, re:cap arranges it with the capital provider that fits. If you do not, the platform works on its own.
Track the metrics that decide your financing, calculated from connected data and kept current: revenue, burn, runway, margin, churn, customer concentration. Compare them against a peer set. Build cash forecasts that update as actuals arrive. Get an alert when a number moves in a way that changes what you can raise.
Financial health is one of the two parts of re:cap's agentic advisory, alongside capital readiness. It answers how the business itself is doing: what changed, how you compare with your peers, and where the risks sit.
It runs from your connected data and is the standing view between financing events. What it finds is what determines the capital you can raise.
You can compare your performance against companies on the re:cap platform by industry, country, revenue size and profitability status, which shows where you sit among your peers. The benchmark set covers more than 4,000 companies.
Comparable metrics include customer concentration, net dollar retention, churn rate, CAC payback period and gross profit margin.
You can connect all your financial data sources within 10 minutes with re:cap and are good to go. There is no additional onboarding or further maintenance needed.
Besides offering access to classical bank accounts, we also offer access to a range of payment platforms, digital wallets and credit cards.
To set up the integration, please use the "Add EU or UK bank account option" and follow the instructions.
Certain banks might not support open banking API access. Additionally, especially Europe-based banks, might not provide access to savings accounts.
If this is the case it is still possible to import the data into re:cap by following two simple steps:
By open banking regulation, a minimum of 90 days of transaction history is required, but experience shows that most banks supply >180 days of transaction history.
Experience shows that most banks provide >365 days of transaction history.
By open banking regulation the consent to fetch data for a bank account is valid for 90 days, but experience shows that most banks now provide a 180 days validity period.
Most banks allow for an unlimited access to the bank accounts.
When a consent is about to expire, our platform automatically sends email reminders to the companies, which direct them to the reconnect flow in the app.
New balances and transactions are fetched from all connected bank accounts daily at midnight CET. Your metrics update after that.
We’ve developed a proprietary LLM to classify bank transactions in real-time, generating financial insights from the tagged data. Our models tag transactions with up to 98.8% accuracy.
To ensure the highest quality insights, our internal data operations team reviews the automatic tagging. If there are any tags you still want to change, you can to so yourself and the LLM will learn it for the next time.
If you want to know more on how we use AI at re:cap read this article.
You can add unlimited bank accounts and data connections to your re:cap account.
You can add unlimited members to your re:cap account.
re:cap is currently available in English.
Access the only platform where debt funding and financial operations work as one. Make confident decisions based on all insights available.
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