This post is a part of our live coverage of FinovateEurope 2013.
EZBOB is on its way to the stage now. The company provides real-time financing for e-commerce businesses in the U.K.:
“EZBOB uses a range of online data sources to analyze e-commerce businesses instantly.In less than 10 minutes, the system will:
- Guide the seller through a simple, secure, quick, and seamless online application process
- Assess the seller’s eligibility using our proprietary internal credit scoring system
- Verify seller’s historical operating performance and assess seller’s ability to service debt
- Verify seller’s identity to prevent fraud
- Provide a customized financing proposal
- Immediate transfer of funds’
EZBOB offers a customized financing proposal which is:
- unsecured (personal or director guarantee)
- short-term (3-6 months)
- up to £45,000 per seller
- cost of 2-7% per month
- clear repayment schedule without early repayment penalties
- no hidden fees and no covenants on seller’s business”
Product Launched: September 2012
HQ Location: London, United Kingdom
Company Founded: November 2011
Website: ezbob.com
Twitter: @ez_bob
Presenting Sharone Perlstein (Director & Co-Founder) and Tomer Guriel (Director & Co-Founder)