NewsLidya allocates $ 15 million short-term working capital in Czech this year

A global fintech company Lidya www.lidya.co which provides financing to small and medium-sized businesses recently became a new member of British Chamber of Commerce Czech Republic. Lidya is a U.S. company with a tech team in Portugal and operations in the Czech Republic, Poland and Nigeria.

Lidya was founded on the core belief that entrepreneurs are the backbone of our economy and it’s our mission to unlock their growth. We do this by offering monthly financing to businesses to purchase inventory and use as working capital for day-to-day operating expenses.

Lidya disbursed over $30M to 15,000 small businesses and our repeat rate is 95%. In other words, businesses continually come to us every month because we offer a product that meets their needs and achieves tangible results:

  • Simple, digital process:Applying for financing takes 5 minutes and there’s no cost to apply. Our financing is based entirely on cash flow. No collateral, guarantors or co-signers. We’re built by entrepreneurs for entrepreneurs, so the entire process is done online. No long lines or unnecessary paperwork.
  • Fast decision: We can approve you for financing in 24 hours.
  • Customized for your growth:Unlike banks or other lenders, we reassess SMEs on a monthly basis to adjust to their financing needs. As their business grow a credit limit will too.
  • Proven results: For every Crown invested, we’ve tripled the returns for the businesses we’ve financed. By purchasing more stock upfront, businesses can sell more products on a monthly basis and grow their profits. 

Lidya decided to allocate $ 15 million short-term working capital in Czech this year in time when almost every business search for working capital.  Do you need to finance your business or B2B customers? Contact Lidya team for more information:

web: https://www.lidya.co/cz/en/home/
email: czech@lidya.co

Phone: +420 608 926 889