smeGo

Finding the right financing solution can be tough. Here are 4 reasons Business Loans could be it. 👇   ✅ Retain Full Ownership   Unlike other types of financing, business loans let you retain complete control and ownership of your company.   ✅ Fixed Repayment Schedule   Predictable repayment terms help in better financial planning and budgeting.   ✅ Tax Benefits   Interest payments on business loans are often tax-deductible, reducing the overall cost of borrowing.   ✅ Build Business Credit   Successfully repaying a loan can help improve your business credit score, making it easier to obtain financing in the future.   Indeed, business loans have long been the go-to solution for companies of all sizes. Whether it’s an established SME looking to expand its product line, or a seasonal business wanting to manage cash flow during off-peak periods. 📈   So while there are many great financing options out there, few can make your competitors shake in their boots quite like a solid business loan. 💪   And at smeGo, you can get one tailored to your company's specific needs in just one business day 👉 smego.com/loancampaign   #smeGo #businessloans #smes #businessgrowth #businesstips #cashflow #taxbenefits #credit

📈 Thinking about financing for your business? There is no better time than the present! As we enter the final quarter of 2024, many businesses are strategizing growth for the upcoming year and looking to close out the current one with a bang. And with a recent drop in Euribor rates, there could not be a better moment to secure financing. Lower rates mean reduced borrowing costs, providing an opportunity to enhance cash flow, invest in equipment, expand operations, or meet seasonal demand. 💼 At smeGo, we support the ambitions of businesses with flexible financing options designed specifically for small and medium enterprises. To add to the bonus of a lower Euribor rate, we are also offering our best rates ever for SMEs. And best of all, we understand that business moves fast, so our application and approval speeds are designed to help enterprises access funds when needed, not weeks or months later. Take advantage of this favorable period for financing – let’s prepare your business for a strong start into the next year! Learn more about our business loans here 👉 smego.com/loancampaign #smeGo #businessloans #SMEs #financing #growth #Euribor #businessfinancing

All clients are important, but if you had to choose… 🤔 In today's #WouldYouRather SME edition, we are tackling a dilemma that sooner or later most business owners will encounter. 👀 We all know that clients are the lifeline of any business. No doubt about it! The tricky part, however, is figuring out how to maintain it. 📈 Some businesses choose to work with a few big clients, enjoying the benefits of higher revenue and increased stability. But if one of them leaves, it can leave you scrambling to recover. 😬 That is why others opt for a larger number of smaller clients. Sure, it may involve a bit more juggling. But if it helps spread your risk more effectively, it could be well worth the effort. So, which approach would you choose? Cast your vote by participating in the poll below 👇, and feel free to elaborate on your answer in the comments section.   We are curious to see where our community stands! 🙌   #smeGo #polloftheday #businessdilemma #clientstrategy #revenue #risk #smes

Do you remember the 21st of September? What about the 3rd or the 17th?👀 We have got the entire month covered in our latest recap!👇   We kicked off the month by entering a game-changing partnership with Softloans, aimed at bringing even faster and more precise lending decisions to our clients. 🤝   Shortly after, our Dutch, Finnish, Lithuanian, Latvian, and Estonian sales teams gathered in Vilnius to swap market insights and brainstorm new ways to support European SMEs.   And, of course, who could forget Financieringsgilde’s inspiring networking event, which our Dutch team had the pleasure of attending?🙌   September really did keep us busy from the get-go! And with a total new financed amount of €13.2M last month, we are thrilled to see our clients staying just as active. Our top financed sectors? Real estate, construction, and services! 🏢💵   Swipe 👉 to discover more of our favorite highlights. And stay tuned for new exciting updates as we dive into October!   #smeGo #whatamonth #septemberrecap #businessgrowth #fintechnews #smes #financing

It is a big day for all of us at smeGo! 🙌 We have secured a €25M investment from one of Germany’s leading financial institutions. And we are wasting no time putting it to work where it matters most - improving our financing solutions for SMEs. First on the list? Invoice Factoring! The very same product that launched us into the market back in 2016. Eight years later, it remains one of our most popular financing solutions. And with this new investment in place, we are making it even more affordable. 💵 Now, our clients can access Invoice Factoring with a reduced monthly interest rate of just 0.58% for the first two months and a competitive 0.75% after that. These types of investments show us that we are on the right path. And while today’s focus is on improving Invoice Factoring, you can bet that Business Loans, Credit Lines, Leasing, or any of our other financing solutions are next in line. Truth is, we will not stop expanding and enhancing our services until every single small and medium-sized business across Europe gets the fast, flexible, and affordable financing they deserve. 💪   #smeGo #fintechnews #investment #smes #businessgrowth #invoicefactoring #germany

The million-dollar question! 👇 Invoice factoring is one of the most popular financing solutions out there. And for good reason! By selling their outstanding invoices to a financing company, businesses can access up to 90% of the invoice value almost instantly.💵 Doing so helps maintain a steady cash flow, removes the burden of payment collections, and, best of all, since factoring is not a loan in the traditional sense, you will not acquire any new debt or affect your credit rating.🙂↕️ But does that mean it is the right move for your business? There is only one way to find out! Swipe 👉 to get the answer.   #smeGo #smes #invoices #invoicefactoring #factoring #alternativefinancing #cashflow #businessgrowth

30 days. That is the typical deadline for paying an invoice. But how often does it actually happen on time? 😬   Many SMEs know the struggle - you deliver the work, send the invoice, and then... nothing.   Outstanding invoices can have a serious impact on your business. They risk disrupting your cash flow, making it hard to cover essential expenses like payroll, rent, and utilities. Not to mention the time and energy it often takes to chase them down. 🏃💨   It is no secret that our mission here at smeGo is to empower established SMEs through tailored financing solutions. But! To do that effectively, we first need to understand the challenges you face. And outstanding invoices are a big part of it.   So, tell us - What is the longest you have had to wait for an invoice to be paid? 💵   Drop your answer in the poll below! And if you have found any tips for avoiding these long waits, feel free to share them in the comments.   We have got one too! Did you know that with smeGo's Factoring solution, you can get up to 90% of your outstanding invoice value in as little as 1 hour? Learn all about it here 👉 https://lnkd.in/gMzfJZUd   #smeGo #smes #invoicefactoring #factoring #invoices #cashflow #businesstips #polloftheday

Even one night spent worrying about clients not paying on time is one too many!🙅♂️ Invoice factoring holds a special place in our hearts. It was the very first product we offered to Lithuanian SMEs when smeGo was founded back in 2016. From expanding into new European markets to growing our product portfolio, a lot has changed since then. But one thing remains the same -our commitment to making sure outstanding invoices never keep our clients up at night.🛌 And now, we are excited to offer this ever-so-popular alternative financing solution with even better terms. Here is what you can expect: 🔹Invoice financing limit up to €5M 🔹Financing up to 90% of invoice value 🔹No minimum invoice amount 🔹Monthly interest rates starting from just 0.58% 🔹Payment terms extended up to 180 days 🔹No collateral needed 🔹Insurance to cover buyer insolvency risk   Ready to leave your invoice worries behind? Get started today 👉 https://lnkd.in/gMzfJZUd   #smeGo #fintechnews #invoicefactoring #businessgrowth #alternativefinancing #smes #invoices

How much do you really know about invoice factoring?🤔   From microloans to credit lines, there are many financing options out there. But one solution that has truly stood the test of time, and continues to gain popularity among SMEs, is factoring.    Why? The reasons are many! 👇   For one, factoring is one of the fastest and most hassle-free ways to access capital. Instead of waiting for unpaid invoices to be settled, businesses can sell them at a slightly discounted rate to a third-party financier, such as (you guessed it) smeGo. 😉   Another big advantage? Factoring allows businesses to offer more flexible payment terms to their customers. Doing so helps strengthen client relationships and positively influence their purchasing decisions.    Not to mention that it also removes the administrative burden of collecting and managing your invoices, which will be taken care of by the factoring company.    But how exactly does invoice factoring work? In what industries is it most common, and what qualifies a business to apply? 🤷♂️   There is still much to explore about this ever so popular financing solution. And we invite you to do so in our latest blog post here 👉 https://lnkd.in/dHw5KvGH.   #smeGo #factoring #invoicefinancing #businessgrowth #smes #businesstips

How does he do it?🤔   Between running our Dutch branch, helping ambitious businesses secure tailored financing solutions, and indulging in the occasional stroopwafel, you would think our Country Head for the Netherlands, Bas Vanhorick, would have little time for anything else.   Yet somehow, he recently found a moment to sit down with Financieel Management | FM.nl, one of Europe’s top financial management media outlets, to discuss the challenges and opportunities SMEs face when seeking capital.💰   And in case your Dutch is a bit rusty, here are the key takeaways! 👇   🔹Many CFOs still view traditional banks as the only option for financing. That is why, at SMEGo, we collaborate with a vast network of intermediaries to introduce alternative financing solutions early in the process.   🔹We have a particular passion for supporting innovative companies. Ones that might struggle to secure financing because they lack traditional collateral or banks do not fully understand their business models.   🔹Alternative financing is the future for SMEs, and businesses that adapt to this new landscape will benefit greatly.   🔹The government and authorities should work more closely with alternative financiers to prevent fraud and improve access to capital for Dutch SMEs.   Curious to learn more? Read the full article here 👉 https://lnkd.in/dipyH947.   #smeGo #fintech #sme #netherlands #alternativefinancing #thoughtleadership