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Term Finance

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Fintech platform offering payday loans and buy now pay later.

Overview

Term Finance operates in the fintech sector, focusing on through-employer payday loans and buy now, pay later transactions, primarily aimed at employees and small businesses in the Caribbean. The company collaborates with employers to enable employees to access short-term loans, allowing them to borrow against their forthcoming paychecks to meet immediate financial needs. This approach is designed to enhance employee benefits and alleviate financial stress by offering lower interest rates and eliminating collateral requirements. Term Finance utilizes a web-based platform to facilitate loan processing and transactions, which reduces the necessity for in-person interactions and aims to improve access to financial solutions.

Key facts

Founded
2015

Business model

Contact

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About Term Finance

What does Term Finance do?

Term Finance operates in the fintech sector, focusing on through-employer payday loans and buy now, pay later transactions, primarily aimed at employees and small businesses in the Caribbean.

Where is Term Finance headquartered?

Term Finance is headquartered in Trinidad And Tobago.

When was Term Finance founded?

Term Finance was founded in 2015.

Which sector is Term Finance in?

Term Finance operates in Digital Lending, part of Financial Technology.

Who are Term Finance's competitors?

Companies similar to Term Finance include Advance, Myfin, and Rupyo.