7 years ago

Liberis Secures £57.5 Million to Fuel Small Business Financing

  • Liberis, a London-based fintech company, has secured £57.5 million in funding to expand its business of providing finance to small businesses

  • The funding, primarily debt, will allow Liberis to issue more loans

  • The company offers loans ranging from £1,000 to £500,000 based on projected credit and debit card sales, with repayments made through a percentage of the business's digital transactions.

      • ProblemFinancial Services

      "Small businesses struggle to get traditional bank loans and overdrafts, especially those with seasonal sales."

      Solution

      "Liberis offers loans to small businesses based on projected card sales, with repayments tied to a percentage of actual card transactions. This flexible model helps businesses manage cash flow during fluctuating periods."

      Covered on