FactorBank
Curated by SignalCommercial lending marketplace connecting businesses with multiple financing options.
Overview
FactorBank operates as a commercial lending marketplace that connects businesses with multiple lenders in the Southern Federal District. The platform focuses on factoring financing, bank guarantees, and loans, and aims to streamline the loan application process for businesses. Users can submit a single application that generates multiple requests to various banks and factoring companies, which may assist in identifying favorable financing options. The platform typically provides decisions within two days for factoring financing and offers bank guarantees for government contracts, addressing some challenges businesses encounter in securing funding. FactorBank's services are available at no cost to users.
Key facts
- Founded
- 2017
- Headquarters
- Russia
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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