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 ChimelisFounderStrategy, branding, leadership, marketing, tech
Advisors
-
Rob StrandbergExecutive Director South Florida Enterprise Development CorporationUnconfirmed
Starting a startup?
Join the world's largest startup network for guidance, tools, and fundraising opportunities.