Przelewy24 has begun cooperating with the innovative startup Booste. It is a platform thanks to which e-commerce stores can obtain additional financing tailored to their needs.
Booste provides capital to be used for marketing activities (including cooperation with marketing agencies) and the purchase of additional merchandise in a revenue-based financing model. Funds are granted without verification of creditworthiness, personal guarantees or the risk of losing shares.
How does it work?
Applying for funding in Booste is extremely simple and fast. A dedicated offer is prepared within 24 hours, and access to funds is granted within 2 days. Booste operates in a revenue-based financing model. The obtained funds are repaid in flexible instalments, adjusted to the current sales results of the online store. In practice: if the store's income is lower in a given month, the subsequent repayments will also be lower (and slower).
Receiving financing from Booste involves a one-time fee of a maximum of 6% or 9% of the amount granted. Booste is already operating in Poland, Ireland, the Netherlands and the UK.
