It depends on what you are funding and who funds it. Working capital is priced differently from a growth facility, two providers can look at the same company and land in different places, and your stage, your numbers and the structure all move it.

For an indicative cost on each option that is actually in range, start with capital readiness.

Size and complexity. The fast track gets you up to €300k in about a week: connect your bank and accounting data, we assess it, and you draw a single tranche. No business plan, no term sheet, no full diligence.

The tailored track covers larger amounts and anything that has to be shaped around your situation. It adds invoice-level data and a financing plan we build with you, can run across several tranches where that suits the business, and pays out from about three weeks.

Yes. Start with up to €300k on the fast track and move to the tailored track when you need more. Your data carries over, so nothing you did on the fast track is wasted.

On the fast track you draw a single tranche of up to €300k. On the tailored track the facility follows a financing plan we build with you and can run across several tranches where that suits the business, and the plan can be adjusted during the term.

Where you start does not lock you in. You can move from the fast track to the tailored track later, and your data carries over.

Debt does not take equity. What varies is what sits around it: some providers ask for warrants, which are a share of the upside rather than security, and some ask for a personal guarantee. For many companies neither applies.

Capital readiness tells you which options in range come with what.

It depends on the provider and on what you are funding. A pledge on receivables is the most common form. Some providers ask for more, such as a personal guarantee or a pledge over your bank accounts, and others ask for less.

For many companies, financing with no personal guarantee and no warrants is one of the options in range. Capital readiness tells you what each option in range would expect from you, before you apply to any of them.

We fund companies that meet these criteria:

• You are incorporated in the EU or the UK.
• You are a growth-focused SME, B2B or B2C.
• Your revenue is predictable and stable month to month.
• You are established and trading, from early growth to mature.
• You generate at least €250,000 in annual revenue.
• You are profitable, or you have at least six months of cash.

It depends on your track. These are typical timings: both tracks can run faster, and more individual cases run longer.

Fast track

• Day 1: create your account, choose an amount, and connect your bank and accounting data.
• Week 1: we come back with a decision, and payout follows shortly after.

Tailored track

• Day 1: connect your data and share your plan.
• Week 1: we build a forecast with you and agree the financing plan.
• Then a term sheet, then diligence.
• Week 3 at the earliest: payout.

If you are not profitable, expect to need cash and binding liquidity commitments covering at least six times your recent monthly burn, measured on a three or six month average.

The exact method varies by provider: what counts as cash, which commitments count, and over how many months burn is averaged.

We prioritize the highest security standards to safeguard our customers' data. Our platform is developed and hosted in Germany, where all financial and business data from our customers is stored and processed. And we use a 256-bit bank-level encryption for maximum protection.

Our data processing agreement which is concluded as integral part of our general Platform Terms of Service, in connection with our effective technical and organizational measures, warrant that our customers‘ data will always be processed in accordance with the stringent European data protection standards.