Company: CapitalBox
CEO: Mantvydas Štareika
Website: https://www.capitalbox.com/
About CapitalBox
Business: Leading European fintech lender for SMEs
As a leading European fintech lender for small- and medium-sized enterprises, CapitalBox provides timely, trusted, and tailored alternative funding solutions to businesses that form the backbone of the European innovation economy.
Founded in 2015 as part of Multitude Group’s growth platform, the pure fintech lender provides fully automated online business loans ranging from €5,000 up to €3 million with factoring and collateral lending products. These loans can be delivered in minutes following a successful application. CapitalBox’s unique business risk assessment methodology, ability to deliver capital quickly, and emphasis on personalized service make financing newly feasible for underserved businesses across the continent.
Headquartered in Finland, the lender has offices in Sweden, Denmark, the Netherlands, and Lithuania, with plans to expand into more countries in the near future.
The lower-to-medium segment of SMEs across Europe are remarkably underserved by traditional banks, which often perceive those businesses to be too small or unnecessarily risky. Loans from these banks, if approved, can take weeks to be delivered, causing unnecessary and even damaging delays to businesses that need to be quick and agile to survive and grow.
CapitalBox takes a multi-level and pure fintech approach to circumventing this problem and serving these underbanked businesses. Its unique business risk assessment methodology lowers the eligibility criteria. Thanks to sophisticated AI-based assessment tech, the entire lending approval process can take just minutes, and rarely more than a single business day.
Lending solutions and products designed and provided by CapitalBox are specifically tailored to small businesses’ specific needs. Unsecured business loans up to €350k are dispersed in full upon signing and able to be repaid over 36 months. Revolving business credit lines up to €100k can be withdrawn and returned any time without additional interest fees. Refinancing plans help struggling businesses to address their most pressing financial obligations. Collateralized loans take in real estate guarantees in exchange for lower financing costs. Regulatory compliance with AML/KYC procedures is built in every step of the way.
CapitalBox balances the AI-powered approval process with personalized, dedicated account servicing for each individual lender. Key strategic partnerships with POS providers, accountants, financial advisers, and commercial finance brokers shore up the company’s forward-thinking approach. With 60 employees, offices in five countries, and 7,000 active customers, CapitalBox is transforming alternative lending across Europe and servicing the SMEs who need it most.
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