For Business

Finbee Verslui raises 35 million EUR investment to focus on business financing in Lithuania

European investor Pollen Street Capital invests 35 million EUR in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses to be financed faster and on more favorable terms than before. Lending faster and on better terms \"Our mission is to empower the country\'s small and medium-sized businesses to grow by providing them with the finance they need. We already have supported over 3,000 customers since inception, with 2,000 active, and have maintained an ave...

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For Lender

100M Eur loans originated!

  In February, we issued 3,4M EUR loans and we exceeded 100M originations! Thanks to everyone who contributed! I would like to share monthly results and platform news. How was February? Strong originations In February, we maintained strong growth: we issued 1,95M Eur business (39% more than the average of the last 12 months) and 1,47M Eur consumer loans (3% below the average) and together we financed 3,42M Eur! Record-breaking loan For the first time, we financed a l...

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For Lender

2022 Q3 Report

For Lender

How many instalments were paid on time in September?

  Hello, I would like to share September results and latest platform developments with you. How was September? Solid originations In September, we issued 1.66M Eur consumer loans (22% more than the average of the last 12 months) and 1.44M Eur business loans (37% above the average) and together we funded 3.1M Eur! Thanks to everyone who contributed! Quality portfolio This year, we have already issued more than 10M Eur business loans. Despite rapid growth, we maintain strict...

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For Lender

How is the reputation of borrowers evaluated?

The reputation of business customers is an important part of credit risk assessment. I would like to share a brief story of a recent company\'s risk evaluation and the July recovery results. Too good to be true? We received company\'s application this week. The company\'s income is growing, its activity is extremely profitable, and among its customers is a well-known shopping center and producer of canned goods. The company has almost no liabilities, there are no related companies either rela...

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For Lender

Growing interest for the investors!

  Hello, I would like to share the most important Finbee news and the results of May. What is new on Finbee? Growing originations For the first time this year we have issued 1.5M Eur loans to private individuals. In total with business loans we issued 2.3M Eur. More than 40%were returning customers. Carefully selected clients None of the business loans issued in 2022 has become insolvent, and among those issued in 2021 - only 2.2%. The results for private loans are 0...

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For Lender

Finbee allocates 300,000 euro for interest-free loans for businesses hit by COVID-19

In order to encourage the recovery of pandemic-stricken small and medium-sized enterprises, the crowdfunding platform Finbee Verslui (Finbee for Business) is allocating 300 thousand euros for interest-free small business loans. The crowdfunding platform will cover interest and administrative costs for loans of up to 7 thousand euros through its own funds. It is planned that around fifty small and medium-sized enterprises (SMEs) operating in our country and suffering due to COVID-19 will be able ...

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