SpotCap, Lachlan Heussler
SpotCap draws on global sources of funds to vault SMBs over short-term liquidity humps.
The cloud platform’s proprietary machine learning algorithms evaluate a business’ creditworthiness to provide an unsecured, line of credit of $10,000 to $250,000 in real-time.
Reseller partners can use it to buy stock, or refer prospects to close a deal.
“Our mission is to empower SMBs with tailored fi nance. Applying for bank fi nance can take up to 25 hours of [personnel] time; we cut it to fi ve minutes.”
spotcap.com