Revenue-based financing

Revenue Based Financing leader Klub becomes the first to secure a credit fund licence; aims to invest AED 1 billion in the Middle East

Retrieved on: 
Tuesday, February 6, 2024
Revenue-based financing, Growth, GDP, AED, SME, GCC, Investment, Category, Entrepreneurship, FSRA, Market development, RBF

DUBAI, UAE, Feb. 6, 2024 /PRNewswire/ -- Klub, India's largest platform for Revenue Based Financing (RBF) announced its expansion to the Middle East. Klub has received the relevant permission (Category 3C) to manage private credit funds under the newly instituted credit fund regime by the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Markets (ADGM).

Key Points: 
  • This regulatory approval marks a pivotal moment in Klub's journey, granting them the distinction of being the first Revenue Based Financing focused credit fund to expand in the Middle East region.
  • One of the key strategic advancements is the establishment of an AED 1 billion credit umbrella focusing on investing in credit products for the growth of SMEs and startups in the region.
  • Klub's expansion into the Middle East signifies a transformative moment in the landscape of Revenue Based Financing.
  • In 2022, Klub closed its maiden AED 100 million SEBI-registered credit fund in India, which is now fully deployed.

Revenue Based Financing leader Klub becomes the first to secure a credit fund licence; aims to invest AED 1 billion in the Middle East

Retrieved on: 
Tuesday, February 6, 2024
Revenue-based financing, Growth, GDP, AED, SME, GCC, Investment, Category, Entrepreneurship, FSRA, Market development, RBF

DUBAI, UAE, Feb. 6, 2024 /PRNewswire/ -- Klub, India's largest platform for Revenue Based Financing (RBF) announced its expansion to the Middle East. Klub has received the relevant permission (Category 3C) to manage private credit funds under the newly instituted credit fund regime by the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Markets (ADGM).

Key Points: 
  • This regulatory approval marks a pivotal moment in Klub's journey, granting them the distinction of being the first Revenue Based Financing focused credit fund to expand in the Middle East region.
  • One of the key strategic advancements is the establishment of an AED 1 billion credit umbrella focusing on investing in credit products for the growth of SMEs and startups in the region.
  • Klub's expansion into the Middle East signifies a transformative moment in the landscape of Revenue Based Financing.
  • In 2022, Klub closed its maiden AED 100 million SEBI-registered credit fund in India, which is now fully deployed.

Everest Business Funding Comments on Funders Forum and Broker's Expo 2023

Retrieved on: 
Monday, March 27, 2023
Revenue-based financing, Breakfast, Diplomat Hotel, Small business, Head, Welcome, Organization, Lunch, Fraud, Broker, Video game

NEW YORK, March 27, 2023 /PRNewswire-PRWeb/ -- Earlier this March, organizations in the small business finance industry gathered at the Diplomat Hotel in Hollywood, Florida, for the third annual Funders Forum and Broker's Expo 2023. This event is the first conference organized for the small business finance industry by the small business finance industry, according to the expo's sponsor, Revenue Based Finance Coalition ("RBFC").

Key Points: 
  • Revenue-based finance organization, Everest Business Funding, discusses the fourth annual 2023 Funders Forum and Broker's Expo that took place in Hollywood, Florida, this past March 8-10.
  • NEW YORK, March 27, 2023 /PRNewswire-PRWeb/ -- Earlier this March, organizations in the small business finance industry gathered at the Diplomat Hotel in Hollywood, Florida, for the third annual Funders Forum and Broker's Expo 2023.
  • Everest Business Funding believes that the Funders Forum and Broker's Expo will resume scaling in the direction it has been while continuing to enhance, change, and grow the small business finance industry.
  • For more information about the Funders Forum and Broker's Expo, or to check out Everest Business Funding's services, head over to https://www.everestbusinessfunding.com/ .

Europe's biggest Revenue Based financing platform, Levenue, Launches Subscriptions As an Asset Class for Angel Investors

Retrieved on: 
Monday, November 28, 2022
Growth, Risk, CFO, Revenue-based financing, Goliath, Investment, Bank, Financial services, Security (finance)

LONDON, Nov. 28, 2022 /PRNewswire-PRWeb/ -- Levenue Launches Subscriptions as an Asset Class for Angel Investors

Key Points: 
  • After 12 months of trading the newly created asset with institutional investors, Levenue now offers access for private investors to diversify their portfolio while mitigating risk with exposure to Revenue Based Finance.
  • After 12 months of trading the newly created asset with institutional investors, Levenue now offers access for private investors to diversify their portfolio while mitigating risk with exposure to Revenue Based Finance.
  • To launch this new approach, Levenue is now offering access specifically for people with experience as angel investors.
  • After a successful first year limiting access for institutional investors, it now makes sense to open up this asset class for other experienced growth investors."

Climate grant winners can now get their funds in a month with Enduring Planet

Retrieved on: 
Monday, October 24, 2022
Time, Climate change, COO, Revenue-based financing, Carbon, CEO, Investment, Gaps, Renewable energy

PORTLAND, Ore., Oct. 24, 2022 /PRNewswire/ -- Enduring Planet announces their newest non-dilutive financing offering for climate startups and small/medium sized businesses: the Climate Grant Advance.

Key Points: 
  • PORTLAND, Ore., Oct. 24, 2022 /PRNewswire/ -- Enduring Planet announces their newest non-dilutive financing offering for climate startups and small/medium sized businesses: the Climate Grant Advance.
  • With Enduring Planet's new Climate Grant Advance, climate entrepreneurs who win state or federal grants can receive funding in as little as a month after the public notice of award.
  • "We believe the Climate Grant Advance product can bridge a fundamental gap for climate companies.
  • The Climate Grant Advance is yet another solution from Enduring Planet to fill in the gaps for entrepreneurs tackling the climate crisis" says Dimitry Gershenson, co-founder and CEO.

$BASED to Power a New Decentralized Marketplace for Goods and Services

Retrieved on: 
Friday, May 20, 2022
Titan, Revenue-based financing, Fear, Environment, FTM, OTC, Non-fungible token, E-commerce, Partnership, Technology, UI, Treasury, NFT, Cryptocurrency, Prometheus

Dubai, United Arab Emirates--(Newsfile Corp. - May 20, 2022) - In a recent announcement, Based Finance revealed its plans to use the $BASED cryptocurrency to power a new decentralized marketplace.

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - May 20, 2022) - In a recent announcement, Based Finance revealed its plans to use the $BASED cryptocurrency to power a new decentralized marketplace.
  • This marketplace will allow investors to buy and sell unique digital assets called Non-Fungible Tokens or NFTs.
  • These tokens will be used to represent goods and services in the new marketplace, which is being developed in partnership with Pod Town.
  • $BASED will be used as the primary currency on this platform, making it easier for users to buy and sell goods and services.

Revenued Announces its First 1,000 Corporate Cards Issued

Retrieved on: 
Wednesday, May 18, 2022
Small business, Capital, Card, Multimedia, PPP, Sutton Bank, Paycheck Protection Program, Industry, FDIC, CEO, Bank, Revenue-based financing

JERSEY CITY, N.J., May 18, 2022 /PRNewswire/ -- Revenued, the first corporate card with Flex Line for the underserved and credit challenged small business, announced today the successful completion of its first 1,000 Cards and Flex Lines issued.

Key Points: 
  • JERSEY CITY, N.J., May 18, 2022 /PRNewswire/ -- Revenued, the first corporate card with Flex Line for the underserved and credit challenged small business, announced today the successful completion of its first 1,000 Cards and Flex Lines issued.
  • Every Revenued Business Card comes with a Flex Line which enables small businesses to access capital in addition to using their Card to swipe for expenses.
  • "With the launch of the Revenued Business Card and Flex Line, small businesses can access capital in the most efficient way.
  • The Revenued Business Card Visa Commercial Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc.

Specialty Capital Announces $10 Million Credit Facility, Appoints Chief Risk Officer

Retrieved on: 
Monday, March 14, 2022
Growth, Small business, Revenue-based financing, Mark (given name), Time, Technology, LLC, Financial technology, Leadership, CEO, Partnership, Bank

QUEENS, N.Y., March 14, 2022 /PRNewswire/ --Specialty Capital, LLC, ("Specialty Capital"), a leading technology driven specialty finance company, has closed on a $10 million credit facility with a U.S. based, alternative credit asset manager.

Key Points: 
  • QUEENS, N.Y., March 14, 2022 /PRNewswire/ --Specialty Capital, LLC, ("Specialty Capital"), a leading technology driven specialty finance company, has closed on a $10 million credit facility with a U.S. based, alternative credit asset manager.
  • Specialty Capital is also proud to announce the hiring of their new Chief Risk Officer, Natan Hayes.
  • Previously, Hayes served as the Director of Underwriting in Advantage Capital Funding and is thrilled to join the journey of Specialty Capital.
  • Founded in 2020, Specialty Capital is a leading U.S. specialty finance company serving small- and medium-sized businesses.

Forward Financing Announces $250 Million Credit Facility to Support Long-Term Growth

Retrieved on: 
Monday, June 7, 2021
Business, Financial capital, Economy, Articles, Loans, Revenue-based financing, Working capital, Small business, Corporate finance, Small business financing

BOSTON, June 7, 2021 /PRNewswire/ -- Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company closed a $250 million credit facility led by one of the company's current capital providers.

Key Points: 
  • BOSTON, June 7, 2021 /PRNewswire/ -- Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company closed a $250 million credit facility led by one of the company's current capital providers.
  • Forward Financing provides working capital to underserved small businesses nationwide, many of which do not have the ability to obtain traditional financing, such as a bank loan.
  • Dedicated to providing top-notch customer service, Forward Financing was recently recognized by the American Business Awards for Best Customer Service Department of the Year.
  • Forward Financing plans to use the latest funding to continue its strong growth trajectory.

Worldwide Revenue-Based Financing Industry to 2027 - Rise in the Adoption of Digital Platforms Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 13, 2021
Accounting, Professional services, Finance, Economy, Business, Finance, Corporate finance, Entrepreneurship, Private equity, Financial capital, Loans, Revenue-based financing, Angel investor, RBF, Factoring

b'The "Revenue-Based Financing Market by Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com\'s offering.\nRevenue-based financing (RBF) or revenue-based investing (RBI) is a financing frequently used by entrepreneurs in conjunction with angel financing.

Key Points: 
  • b'The "Revenue-Based Financing Market by Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com\'s offering.\nRevenue-based financing (RBF) or revenue-based investing (RBI) is a financing frequently used by entrepreneurs in conjunction with angel financing.
  • RBF is largely used among growing companies such as business-to-business (B2B), SaaS companies, and technology service firms with high recurring revenue.
  • In addition, a rise in the adoption of revenue-based financing by large number of start-ups & small businesses is major factor that drive the market growth.
  • On the contrary, a rise in the adoption & implementation of digital platforms among start-ups and small business are expected to boost the market growth in the coming years.\nThe revenue-based financing market is segmented on the basis of enterprise size, industry vertical, and region.