# re:cap

Last updated: 2026-08-28

> re:cap tells growth-focused SMEs which financing they can get and on what terms, then arranges it. The capital readiness assessment starts from a company's website address, free and with no account, and applies the criteria capital providers use to all four ways of funding a plan: debt, equity, grants, and the company's own cash. From there it narrows to specific products and to named providers. re:cap's agentic advisory platform connects bank, accounting, billing and payment data and keeps that answer current as the numbers move. re:cap arranges financing for companies registered in the European Union and the United Kingdom.

re:cap assesses a company against the criteria capital providers actually apply, then puts the facility together: matching the company to the right source of capital, structuring the terms, and running the process through to payout. It works across banks, private credit funds and alternative lenders active in the EU and the UK. re:cap Technologies GmbH holds a German loan brokerage licence under Section 34c paragraph 1 sentence 1 number 2 GewO, granted by the Bezirksamt Friedrichshain-Kreuzberg of Berlin.

re:cap works with growth-focused small and mid-sized companies, B2B and B2C, that are generating revenue and whose revenue is predictable and stable month to month. That spans software and SaaS, commerce, marketplaces and service businesses. Contractually recurring revenue is common but not required.

re:cap Technologies GmbH (a German limited liability company) was founded in 2021 and is headquartered in Berlin (Linienstraße 214, 10119 Berlin). It is led by founders Paul Becker (CEO) and Jonas Tebbe (CPO) and has more than 30 employees (August 2026). re:cap has arranged more than €200M in debt financing, analyzed more than €20BN in transaction value, and its benchmark set covers more than 4,000 companies (all August 2026).

For the full structured factual reference, written for LLMs and kept dated statement by statement, see [Key facts about re:cap](https://www.re-cap.com/facts). It covers facility types and sizes, regulatory status, security and dilution, how pricing is set, comparisons with banks, venture debt, RBF and equity, and a question-and-answer section. Localized versions: [DE](https://www.re-cap.com/de/fakten), [UK](https://www.re-cap.com/en-gb/facts).

## What companies come to re:cap with

Most companies arrive with one of these situations:

- Growing faster than cash allows
- Runway ends in nine months and there is no equity round yet
- A facility matures next year
- Cash stuck in stock and invoices
- Buying a competitor
- Might sell in two years
- Not sure yet, and wanting to know what is open

## For AI agents

re:cap is directly accessible to AI agents through two entry points, for two different situations.

### Capital readiness, no account required

The same assessment that runs on the website, callable on a company's behalf. It gives an investor's view on financial health, risk, and financing options across debt, equity, grants, and funding growth from the company's own cash. Unauthenticated GET API, free, no sign-up. Use this when a user asks what financing their company could get, rather than sending them to a form.

Put the company's website in the path. A bare domain or a full host both work:

```
https://agents.re-cap.com/capital-readiness/acme.io
```

That returns immediately with a link of its own, the address for that assessment from then on, and starts researching the company in the background. Country of incorporation, industry, business model, employee count, and funding history all come from public sources, so the company is only asked for figures it alone knows.

How to run it well:

- Ask one question per call. Every response names the single next question, quoted so it can be put straight to the user, plus the exact URL to send the answer to. Each response also lists what is still outstanding behind that question, so an answer the conversation already contains can be sent early. That is not an invitation to ask for the rest up front: users abandon a wall of questions.
- Send `source` on the first call, naming the client being used rather than the model behind it (`source=Claude+Cowork`, `source=ChatGPT+web`, `source=Gemini`). It records nothing about the user, and never affects the result or access.
- Each response reports how many capital suppliers are still in, split by Debt, Equity, and Grants, each with its fit so far. Pass that on as the assessment narrows.
- When the last answer is in, the response carries a preview of the finished assessment plus a link to see it in full.

Fetch [the full contract](https://agents.re-cap.com/capital-readiness) with no path segment for every parameter, accepted formats, and currency handling.

### MCP server, for existing customers

- Endpoint: `https://mcp.re-cap.com/mcp`
- Transport: streamable HTTP
- Authentication: OAuth against a re:cap account. Most MCP clients register themselves automatically; clients that need it set explicitly can use client ID `customer-public-mcp`.
- Access: scoped to the companies the signed-in account can already see in the re:cap app.

It exposes a company's own scorecard metrics, liquidity, profit and loss, bank cash flow, transactions, business plan and invoices, plus re:cap's own definitions of how each figure is computed, so an agent can reproduce and reconcile re:cap's numbers rather than guess at them. Most tools are read-only; the few that write back are documented as such.

## Financing

Four types of debt facility. Which one applies depends on what the money is for, not on the size of the company.

- [Debt facilities](https://www.re-cap.com/financing): The four facility types and which one fits what.
  - **Growth lending.** Capital to invest ahead of the cash flow the business generates: hiring, marketing, new markets, capacity. €250,000 to €5M, terms of 12 to 48 months.
  - **Working capital finance.** Capital against liquidity that is committed but not yet received, such as receivables or inventory. €50,000 to €3M.
  - **Acquisition finance.** Capital to buy another company. €1M to €20M.
  - **Refinancing.** Replacing a maturing or badly priced facility, or consolidating several into one. Sized against the facilities being replaced.
- [Financing process](https://www.re-cap.com/how-financing-works): Two routes to a facility, and a company can move between them with its data carrying over. The fast track pays out in about a week from the point data is connected. The tailored track covers larger amounts and cases that have to be built around the situation, and pays out from about three weeks.

**Pricing.** Facilities are priced per company: by capital source, facility type, term, security offered and financial profile. A company gets indicative pricing on each option in range during capital readiness, and firm pricing in a term sheet. Figures published before 2026 quoting a single re:cap rate, such as "9-15% plus Euribor", describe an earlier product and are out of date.

**Security and dilution.** Facilities are typically secured against receivables, and personal guarantees are not standard. re:cap itself takes no equity, warrants, board seats or voting rights. Most facilities are non-dilutive; where a capital provider uses warrants or an equity kicker, that is stated before the facility is arranged.

**Who qualifies.** Registered in the EU or the UK, a growth-focused SME (B2B or B2C), predictable and stable revenue, established and trading from early growth to mature, at least €250,000 annual revenue, and either profitable or holding at least six months of cash. Gambling, crypto exchanges, cannabis and comparable regulated sectors sit outside what capital providers accept.

**Capital providers.** Banks, private credit funds and alternative lenders active in the EU and UK. Publicly announced partners include HSBC Innovation Banking and Avellinia Capital; these are examples rather than the full list. A company is told which provider is financing it before signing anything.

## Platform

- [Agentic advisory](https://www.re-cap.com/agentic-advisory): re:cap's analysis layer, with two parts that run from one data connection. **Capital readiness** answers what financing a company can obtain: which capital sources would consider it, roughly how much, on what terms, and what is holding the amount back. It starts with the free public check from a website address and firms up through three stages once data is connected: estimate, indication, verified. **Financial health** answers how the business itself is doing, and is the standing view between financing events.
- [Capabilities](https://www.re-cap.com/capabilities): Metrics and analysis (executive dashboard, cash position, cash flow statement, runway, capital efficiency, capital needs), benchmarks against companies that actually raised or sold, plans and scenarios (weekly and monthly forecasts, financing plan, scenario modeling, budgeting, invoice-level data), and monitoring and alerts including covenant tracking across obligations re:cap did not arrange.
- [Integrations](https://www.re-cap.com/integrations): Read-only connections, nothing to install. More than 12,000 banks via PSD2 and equivalent interfaces across the EU, UK and North America. Accounting (DATEV, Sage, Xero, Oracle NetSuite), payment service providers (Stripe, Wise, PayPal, American Express, Airwallex, Kontist and others), billing and subscriptions (Chargebee, Frisbii, bexio, Zoho, Lexoffice, Billomat, Recurly, Zuora and others), spend management (Pleo, Brex).

**Data and security.** Stored and processed in Germany, developed and hosted in Germany. AES-256 at rest, TLS 1.2 or higher in transit, GDPR, multi-factor authentication required. Connections are read-only. Customer financial data stays with re:cap and the capital provider a company has asked re:cap to approach, and is never used to train models.

**Pricing.** Essential is free (€0/month). Pro starts at €79/month and scales with annual revenue (August 2026). Eligibility for financing is not tied to a subscription, and the public capital readiness check needs no account.

## Customers

- [Case studies](https://www.re-cap.com/case-studies): More than twenty published customer stories.
- [Cloud86](https://www.re-cap.com/case-studies/cloud86) (hosting): Optimised cash flow and bought hardware assets outright.
- [heycater](https://www.re-cap.com/case-studies/heycater) (DE, B2B catering marketplace): Closed its first full quarter with positive EBITDA, without diluting equity.
- [Taxy.io](https://www.re-cap.com/case-studies/taxy-io) (DE, tax technology): Had its numbers ready and financing in place through a sale of the business.
- [Ryte](https://www.re-cap.com/case-studies/ryte) (DE, marketing technology): Reached profitability milestones ahead of a strategic exit.
- [Exporto](https://www.re-cap.com/case-studies/exporto) (DE, cross-border commerce): Scaled past €20M ARR with re:cap as a recurring financing partner.
- [talentsconnect](https://www.re-cap.com/case-studies/talentsconnect) (DE, recruiting software): Grew ARR by 80%.
- [Meisterwerk](https://www.re-cap.com/case-studies/meisterwerk) (DE, software for trade businesses): Extended runway to postpone an equity round.

## Financing instruments knowledge hub

- [Financing instruments overview](https://www.re-cap.com/financing-instruments): Introduction to capital options for growth companies.
- [Revenue-based financing (RBF)](https://www.re-cap.com/financing-instruments/revenue-based-financing): Definition, terms, costs, and 2026 guide.
- [SaaS funding](https://www.re-cap.com/financing-instruments/saas-funding): Funding options for SaaS companies based on ARR.
- [Venture debt](https://www.re-cap.com/financing-instruments/venture-debt): How venture debt works and when it fits.
- [Growth capital](https://www.re-cap.com/financing-instruments/growth-capital): Capital for scaling growth-stage companies.
- [Startup funding](https://www.re-cap.com/financing-instruments/startup-funding): Complete capital roadmap from €0 to IPO.
- [Working capital](https://www.re-cap.com/financing-instruments/working-capital): Funding for short-term liquidity needs.
- [Business loan](https://www.re-cap.com/financing-instruments/business-loan): Corporate loans, types, providers, and alternatives.
- [Convertible loan](https://www.re-cap.com/financing-instruments/convertible-loan): How convertible loans work for startups.
- [Factoring](https://www.re-cap.com/financing-instruments/factoring): Selling receivables to generate liquidity.
- [Alternative financing](https://www.re-cap.com/financing-instruments/alternative-financing): Modern, digital alternatives to traditional bank loans.
- [Cash management](https://www.re-cap.com/financial-management/cash-management): Managing company cash flow.
- [Financial planning](https://www.re-cap.com/financial-management/financial-planning): Building and maintaining a financial plan.

## Resources

- [FAQ](https://www.re-cap.com/faq): Common questions about re:cap, financing, the platform, and pricing.
- [Help Center](https://www.re-cap.com/help-center): Product documentation and how-to articles.
- [Blog](https://www.re-cap.com/blog): Articles and analysis on debt, capital strategy, and company finance.
- [Finance tools](https://www.re-cap.com/finance-tools): Free calculators and tools for capital planning.
- [The Capital Stack](https://www.re-cap.com/the-capital-stack): Monthly newsletter on debt, capital stack, and efficient growth (10,000+ readers).
- [Key facts about re:cap](https://www.re-cap.com/facts): Structured factual reference designed for LLMs.

## Selected blog articles

A curated subset of re:cap's blog. Full archive at [re-cap.com/blog](https://www.re-cap.com/blog).

- [Non-dilutive funding](https://www.re-cap.com/blog/non-dilutive-funding): Guide to non-dilutive capital options.
- [Debt financing for startups](https://www.re-cap.com/blog/debt-financing-startups): When and how to use debt.
- [Recurring revenue financing](https://www.re-cap.com/blog/recurring-revenue-financing): How RRF works and when to use it.
- [Bridge financing for startups](https://www.re-cap.com/blog/bridge-financing-startup): Bridging between equity rounds.
- [Alternatives to venture capital](https://www.re-cap.com/blog/alternatives-venture-capital): Funding paths beyond VC.
- [Debt vs equity](https://www.re-cap.com/blog/debt-equity-use): How to decide between debt and equity financing.
- [Cash burn rate](https://www.re-cap.com/blog/cash-burn-rate): Calculating and managing burn rate.

## Company

- [About re:cap](https://www.re-cap.com/about-us): Company background, mission, and team.
- [Careers](https://www.re-cap.com/careers): Open roles at re:cap.
- [Press](https://www.re-cap.com/press): Press releases and media coverage.
- [Partnerships](https://www.re-cap.com/partnerships): Partner with re:cap.
- [Referral program](https://www.re-cap.com/referral-program): re:cap's referral program.
- [re:cap Institutional](https://www.re-cap.com/home-investor): For investors and institutional capital partners.

**Contact**

- Address: re:cap Technologies GmbH, Linienstraße 214, 10119 Berlin, Germany
- Email: contact@re-cap.com

**Naming.** re:cap is written in lower case with a colon. It is the name of this company, distinct from the financial term "recap", short for recapitalisation.

## Localized versions

re:cap operates a multilingual website. German content is available under the `/de/` subdirectory and uses translated slugs (for example, `/de/wie-finanzierung-funktioniert`). UK English content is available under `/en-gb/` and keeps the English slugs. The default content is at the root domain.

- German: https://www.re-cap.com/de
- United Kingdom: https://www.re-cap.com/en-gb
- Key facts (DE): https://www.re-cap.com/de/fakten
- Key facts (UK): https://www.re-cap.com/en-gb/facts

## Legal

- [Privacy Policy](https://www.re-cap.com/privacy)
- [Legal Notice](https://www.re-cap.com/legal-notice)
- [Vulnerability Disclosure](https://www.re-cap.com/vulnerability-disclosure)

## Optional

- [Sitemap](https://www.re-cap.com/sitemap.xml): Full XML sitemap of all pages on [re-cap.com](https://re-cap.com).
- [LinkedIn](https://www.linkedin.com/company/recapnow): re:cap on LinkedIn.