PayItMonthly

PayItMonthly provides simple monthly instalments to help businesses earn more and thrive. As a 2015 FinTech startup in Retail Finance, they offer interest-free loans and BuyNowPayLater options to retailers and service providers. The company stands out with its flexible offerings, including interest-free loans ranging from 2 to 12 months, no minimum criteria for acceptance (even welcoming new and small businesses), and FCA authorization not required. Moreover, PayItMonthly's credit charges, set at 1.9% plus 1% multiplied by the number of instalments, are deducted from payments to retailers and service providers. The startup caters to a wide range of trades, with very few exceptions, and is capable of providing loans in complex situations, such as training or beauty treatments, spread over time. Additionally, they offer a product similar to recourse invoice finance for cases where credit risk is poor. Despite lacking specific headquarters and last investment details, PayItMonthly's innovative approach in the Finance and Financial Services industries showcases potential in revolutionizing business finance. For more information, visit their website for product details and pricing.