Cflox brings together suppliers and purchasing organisations to put excess capital to work.
Details about Cflox
In the past, loans and factoring were considered the standard ways to put excess capital to work; nevertheless, these options entailed risks and no small degree of complexity. The Cflox idea is to bring companies which need liquidity to finance growth and companies with excess capital together and maximise profits for both sides: by working together without middlemen, both parties benefit and can avoid costly loans or factoring contracts. To achieve this, Cflox has created a marketplace to enable this new form of direct, low-cost business interaction.
Here’s how it works. Purchasing organisations in companies with excess capital invest in suppliers which need liquidity. Why? The former want a return from their capital and the latter need that capital to finance growth – without having to pay factoring fees. Cflox offers both parties exactly what they need: full control, high flexibility, and impressive efficiency (and no fees!); additional services round off the FinTech’s offering. Putting capital to work just got a lot easier. See below for general information about Cflox.