netFundz

Crowdfunding for merchant capital advances. Great rates for businesses that need money to grow and great returns for peer-to-peer advance investors.

  • Stage Product In Development
  • Industry Financial Services
  • Location Miami, FL, US
  • Currency USD
  • Founded 2013
  • Employees 5
  • Website netfundz.com

Company Summary

netFundz connects businesses with investors seeking high returns. Merchants apply for an advance against future credit card revenues purchased at a discount. After approval, crowd investors purchase portions of the advance. Advances are secured by the merchant account and payments are deducted from daily credit card revenues. Advance investors receive monthly payments/high returns. Merchants receive cash at reasonable rates with easy payback.

Team

  • Richard Chimelis
    Founder

    Strategy, branding, leadership, marketing, tech

Advisors

  • Rob Strandberg
    Executive Director South Florida Enterprise Development Corporation
    Unconfirmed

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