Everyone says that businesses need to grow. Everyone would be happy to, but when a business is already doing well and you have to find a new market and money to expand, the idea ceases to be so tempting.
Every businessman faces these two questions that stop him from expanding: where will I get more sales and where will I get the money to expand. We'll talk about sales in future posts. Today we'll tell you where you can get the money in just one day if you decide to expand your business.
Although aggregators have a lot of proposals, in the end, they all stop at the bank. And you are left alone with your bank and a whole pile of documents.
However, with Open Banking, you have the opportunity to use programs such as Puls – we issue loans from the fund, not from the bank. This way a credit limit that will always be visible in your account and a loan can be obtained in one day. It's simple here – you connect the accounts for us to look at and we give you the money because we see that you can be trusted. Such a simple scheme!
It's convenient that you can use the Puls service as a safety net – once you register and connect your account you will always know your credit limit. That means that you can come back and take it whenever you need it.
An entrepreneur is not only a profession but also a state of mind. An entrepreneur sees opportunities and tries to use them, often it happens that he has more than one business direction, but for the bank, they are different companies.
Do you know that feeling: you are checking your mailbox, notice a letter from the tax office, and immediately think: What did I do wrong now? Do I have to pay anything extra? Or did I miss a deadline?
Subcontractors face long and unpredictable gaps between invoicing and payment. While awaiting payment, they still have to pay for materials, labor, and other project expenses. Therefore they offer early payment discounts to their contractors.
mevolute helps you to integrate continuous improvement in everyday work. So your organization can thrive– no matter what challenge at hand! We asked mevolute five questions about why it's sometimes difficult to embrace new technologies.
Read when and how Puls Project was founded, why the founders feel they are in good hands with the "BaFin" and what happens to our colleagues from the IT department who live in Ukraine.
Many companies are afraid that their data will be used against them. We try to explain why our digital service is as secure as other online banking service providers on the market. Part of our system uses an interface that allows you to interact directly with the open banking provider.
I am against the war, against Putin, against a regime that oppresses the country and attacks other peaceful nations. This should not happen in our civilized society and should be eradicated. People's dreams, plans, and lives have been destroyed in a week of the war, and there can be no excuse for it.
Financial technology is shaking up financial services – and it’s no secret that FinTech is on the rise. Even still, as a company, it’s easy to question whether banks and FinTechs are competing or collaborating. And how do you decide which is best for your small business?
To earn a lot, you have to sell a lot. Most manufacturers know this very well. A small production of fine lemonades got the order to deliver 100,000 pieces to a big supermarket chain in a test phase.
We hear often: Increase sales with incentives and promotions, plan everything ahead. But if those who tell this were businessmen, they would know how things really work: academically you should have planned everything long ago, but in real life, things are much more dynamic and unpredictable.
We’re often told businesses that embrace new technology and adopt innovative ways of working benefit from more flexibility, efficiency — and ultimately increase profitability. So…simple decision, right? Not quite. While the benefits of implementing new technology in your business are well known, there is still a reluctance to do so.