Israel based SMB financing startup raised $7.5m in Seed funding led by BlueVine.
“We are a completely independent company which uses BlueVine’s technology,” explained Lustig. “We will be completely digital at every stage of the process. The client will receive a credit line and as soon as they use it will repay it in 12 installments. Until that stage there will be no costs. Our interest rate is more expensive than the banks, but it is far more convenient and comfortable.”
https://www.calcalistech.com/ctech/articles/0,7340,L-3928211,00.html