• 2014 June 01

Company Description

NoviCap allows businesses to receive early payments for their outstanding invoices within 48 hours.

NoviCap allows businesses to receive early payments for their outstanding invoices within 48 hours. The ability to get financing in a fast and flexible way puts the business back in control of its working capital needs. The funds for these payments come from investors on our platform who now have the ability to invest in short-term, high-yield commercial debt that was previously only available to banks and factoring firms. NoviCap underwrites the risk of the invoice and takes care of collections. In Q1 2015 we will be able to support passive investment strategies, leading to a completely hassle-free experience for the investors.