Viva.com, Europe’s know-how financial institution for funds powering card acceptance in 24 markets, has launched ‘Service provider Advance’; a brand new credit score resolution trying to clear up essential cashflow points for 1000’s of companies throughout Europe, serving to them spend money on development.
Viva’s Service provider Advance seems to be to supply clear capital to companies, primarily based on service provider buying information. Mortgage disbursement is prompt, to assist companies of any measurement or sort instantly entry capital for development.
Service provider Advance by Viva.com is at the moment obtainable in Belgium, Germany, Netherlands, and Spain, with extra European international locations of operation following quickly.
Yannis Larios, senior VP of technique and enterprise improvement at Viva.com, defined: “Accessing dependable and versatile capital is critically necessary for rising companies, however for tens of millions of European retailers, it’s an actual battle to search out the best resolution.
“Conventional capital suppliers, and even newer market entrants, need to vet companies correctly, which ends up in time-consuming processes earlier than any resolution is made.”
Whereas different capital suppliers can power companies into prolonged software processes, Viva’s Service provider Advance leverages the service provider’s cost historical past with Viva.com – enabling entry to near-instant capital with no fuss.
The brand new credit score resolution boasts good prescoring, primarily based on superior funds information evaluation for every enterprise; in addition to quick entry to capital, charged with a single defined fastened payment.
It additionally affords a versatile automated compensation course of through a share of day by day card gross sales; no late cost charges; in addition to a completely digital course of with no collateral or different commitments.
Supporting enterprise development ‘with out restrictions’
Service provider Advance is the most recent inclusion in Viva.com’s market-leading digital funds bundle, a set of built-in companies that mix to energy all companies throughout Europe. From buying and issuing to enterprise accounts and tailor-made financing, Viva.com’s options assist companies develop with out limits.
“Viva’s Service provider Advance adjustments the sport, permitting our clients prompt entry to working capital primarily based on good prescoring. This enables us to supply prompt, versatile and clear capital that they’ll use to develop with out restrictions. Service provider Advance is the most recent addition to our product suite, constructed to resolve cost points for companies of all sizes and shapes,” added Larios.
The brand new Viva credit score resolution shall be supplied by a variety of main monetary companions.
Viva.com is Europe’s first know-how financial institution for funds, powering card acceptance throughout 24 international locations and over 985 units. With an ECB-approved banking licence and bodily presence in 24 European markets, Viva’s ‘Faucet on Any Gadget’ for in-store funds, good checkout for on-line funds, and market cost resolution, assist European companies of any measurement to simply accept and handle funds how they need.
