PIN Voorschot
Information by Research TrustFinance
PIN Voorschot offers a modern alternative to traditional bank loans for entrepreneurs in the Netherlands. The company provides a business cash advance (a "voorschot") where the funding amount is based on the applicant's recent debit card (PIN) turnover. Repayment is designed to be flexible, operating as a small, fixed percentage of the business's daily card sales, which means payments align with the company's cash flow. This model, often known as a Merchant Cash Advance, is aimed at providing quick working capital to small and medium-sized enterprises without the lengthy processes of conventional lenders.
Netherlands
Industry
- FundraisingPRIMARY
- Other Service
Financial