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What is Velocity?

You have the opportunity to secure up to Rs4 crore in revenue-based financing to support your marketing and working capital requirements. By applying now, you can receive a term sheet in just under 2 minutes by providing some basic business details and agreeing to share your revenue. An indicative offer will be sent to you within 24 hours, and you can easily share your online accounts securely. Once approved, funding can be obtained within a week, with repayments made as a percentage of your revenue until both the principal and a nominal fee are fully settled. The application process is entirely online, and you can receive your term sheet in less than 2 minutes, ensuring a fully digital experience that enables funding in as little as 5 days. This approach provides flexibility in how you deploy the funds, allowing you to pay based on your actual usage. You can enjoy founder-friendly capital that does not require giving up equity, collateral, or personal guarantees, with only a single flat fee ranging from 5-8%. As your revenues increase, so too does your capacity for funding, allowing you to establish a repayment history that can lead to even better financing terms. Additionally, Velocity integrates smoothly with the platforms you already utilize, making the entire process more efficient and user-friendly. With this innovative financing solution, you can focus on growing your business without the stress of traditional lending constraints.

What is Defacto?

Oversee your financial stocks, marketing efforts, and B2B receivables to promote growth that is in line with your goals. Defacto employs diverse data sources to improve its underwriting algorithm, which assesses the highest credit line you can receive. Generally, Defacto draws from four main data types: public, financial, historical, and peripheral data. As your financial landscape changes, the initial credit limit will adjust to mirror the ongoing relationship we are building. This flexible strategy guarantees that your access to credit expands alongside your business progress, allowing you to seize new opportunities as they arise. By remaining attentive to these developments, you can ensure your financial resources are aligned with your strategic ambitions.

Media

Media

Integrations Supported

Amazon
Cashfree Payments
Facebook
Google
Google Analytics
Instagram
Razorpay
Shopify
Velocity Insights
WooCommerce

Integrations Supported

Axonaut
Fygr
NetSuite
Odoo
Pennylane
Qonto
QuickBooks Online
Sellsy

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Velocity

Date Founded

2019

Company Location

Bangalore, India

Company Website

www.velocity.in/

Company Facts

Organization Name

Defacto

Date Founded

2021

Company Location

France

Company Website

www.getdefacto.com

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

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T-Pulse

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