ProfitShare Partners
Information by Research TrustFinance
Founded in 2017 by Andrew Maren, ProfitShare Partners is a financial technology company designed to address the funding gap for SMEs that have valid contracts or purchase orders but lack the capital to deliver on them. Instead of traditional interest-based loans, the company operates on a profit-sharing model, partnering with the SME on a specific transaction and sharing in the profits once the project is completed and paid for. This disruptive model allows them to provide capital from R250,000 to R5,000,000 within a week, empowering businesses that are often overlooked by conventional financial institutions.
South Africa
Industry
- FundraisingPRIMARY
- Other Service
Financial