Gynger, a financial technology startup, launched out of stealth mode to provide companies with cash loans for software. Founded in 2020, Gynger’s mission is to provide small and medium-sized businesses with an easy way to finance software purchases.
Gynger’s software financing platform makes it simple to apply for a loan that fits the needs of the business. All that’s needed is the company’s name, industry and a few other pieces of information to get started. The platform then evaluates the company’s creditworthiness to provide a loan offer right away.
Unlike traditional bank loans, Gynger has no loan origination fee, charges no interest and requires no long-term commitment. The loans are also flexible, allowing borrowers to pay the loan off early without penalty.
The platform is designed to help companies purchase the software they need to grow. Gynger recognizes that software is particularly important for small businesses, as it can help to automate processes and improve efficiency. By providing companies with quick access to capital for software purchases, Gynger has put power into the hands of business owners.
Gynger also prioritizes transparency and fairness. The company offers competitive rates that are easy to understand and all fees are disclosed up-front. The repayment terms are also clearly defined, so there are no surprises down the road.
Gynger’s software financing platform has been met with a positive response since its launch. Companies have been taking advantage of the flexible, transparent and fair financing options available to help fund their software purchases. The company is continuing to add new features and expand their services, so stay tuned for more updates from Gynger in the near future.
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