Mollie Capital launches in the UK to help firms with fast, flexible financing

Mollie Capital launches in the UK to help firms with fast, flexible financing

Mollie Capital launches in the UK to help firms with fast, flexible financing

Mollie Capital launches in the UK to help firms with fast, flexible financing

Mollie Capital – a fast and flexible way for businesses to access funding – is now available in the UK.

Mollie Capital – a fast and flexible way for businesses to access funding – is now available in the UK.

Product

Feb 19, 2024

We're delighted to announce the launch of Mollie Capital – a fast and flexible way for businesses to access funding – in the UK.

Mollie Capital helps businesses bypass traditional lenders and access up to £250,000 to drive growth. We launched Capital in late 2022 in continental Europe, and thousands of companies have already used it to boost working capital and power growth. Our customers use Capital for various investments, including adding new inventory and increasing marketing spend.

In the UK, small- and medium-sized enterprises (SMEs) are underserved by traditional lenders. When they do apply for financing, they have to produce reams of financial data, put up with lengthy application processes and wait weeks for approval (or a refusal). And then more weeks to actually get their funds.

Unlike these lenders, once a business has processed payments with Mollie for 90 days, they can immediately apply for funding. The application process takes as little as five minutes, and once a decision is made, the funds are transferred within 24 hours. Mollie Capital features a fixed one-time fee with a repayment plan based on a percentage of a user's daily sales. This helps Mollie customers to remain agile and capitalise on growth opportunities.

Mollie Capital, which we offer alongside YouLend, has provided loans exceeding €50 million to over 5,000 SMEs in the Netherlands.

“Mollie Capital is our first financial service to launch in the UK – the first of many designed to eliminate financial bureaucracy for SMEs,” says Mia Hunter, Managing Director of Mollie UK. “For too long, small and medium-sized UK merchants have been neglected by incumbent payment services providers, lenders, and banks. These companies don’t invest in the simplicity and flexibility SMEs need to manage their finances.

"Mollie Capital fills a critical gap in the UK market. In Europe, we have customers repeatedly using, and paying back, this new funding source to drive sustainable growth.”

Mollie launched in the UK in early 2021, licensed via the Temporary Permissions Regime for EU-based financial services firms. In June 2023, the UK's Financial Conduct Authority granted Mollie a Payment Institution licence.


Find out more about Mollie Capital.

We're delighted to announce the launch of Mollie Capital – a fast and flexible way for businesses to access funding – in the UK.

Mollie Capital helps businesses bypass traditional lenders and access up to £250,000 to drive growth. We launched Capital in late 2022 in continental Europe, and thousands of companies have already used it to boost working capital and power growth. Our customers use Capital for various investments, including adding new inventory and increasing marketing spend.

In the UK, small- and medium-sized enterprises (SMEs) are underserved by traditional lenders. When they do apply for financing, they have to produce reams of financial data, put up with lengthy application processes and wait weeks for approval (or a refusal). And then more weeks to actually get their funds.

Unlike these lenders, once a business has processed payments with Mollie for 90 days, they can immediately apply for funding. The application process takes as little as five minutes, and once a decision is made, the funds are transferred within 24 hours. Mollie Capital features a fixed one-time fee with a repayment plan based on a percentage of a user's daily sales. This helps Mollie customers to remain agile and capitalise on growth opportunities.

Mollie Capital, which we offer alongside YouLend, has provided loans exceeding €50 million to over 5,000 SMEs in the Netherlands.

“Mollie Capital is our first financial service to launch in the UK – the first of many designed to eliminate financial bureaucracy for SMEs,” says Mia Hunter, Managing Director of Mollie UK. “For too long, small and medium-sized UK merchants have been neglected by incumbent payment services providers, lenders, and banks. These companies don’t invest in the simplicity and flexibility SMEs need to manage their finances.

"Mollie Capital fills a critical gap in the UK market. In Europe, we have customers repeatedly using, and paying back, this new funding source to drive sustainable growth.”

Mollie launched in the UK in early 2021, licensed via the Temporary Permissions Regime for EU-based financial services firms. In June 2023, the UK's Financial Conduct Authority granted Mollie a Payment Institution licence.


Find out more about Mollie Capital.

We're delighted to announce the launch of Mollie Capital – a fast and flexible way for businesses to access funding – in the UK.

Mollie Capital helps businesses bypass traditional lenders and access up to £250,000 to drive growth. We launched Capital in late 2022 in continental Europe, and thousands of companies have already used it to boost working capital and power growth. Our customers use Capital for various investments, including adding new inventory and increasing marketing spend.

In the UK, small- and medium-sized enterprises (SMEs) are underserved by traditional lenders. When they do apply for financing, they have to produce reams of financial data, put up with lengthy application processes and wait weeks for approval (or a refusal). And then more weeks to actually get their funds.

Unlike these lenders, once a business has processed payments with Mollie for 90 days, they can immediately apply for funding. The application process takes as little as five minutes, and once a decision is made, the funds are transferred within 24 hours. Mollie Capital features a fixed one-time fee with a repayment plan based on a percentage of a user's daily sales. This helps Mollie customers to remain agile and capitalise on growth opportunities.

Mollie Capital, which we offer alongside YouLend, has provided loans exceeding €50 million to over 5,000 SMEs in the Netherlands.

“Mollie Capital is our first financial service to launch in the UK – the first of many designed to eliminate financial bureaucracy for SMEs,” says Mia Hunter, Managing Director of Mollie UK. “For too long, small and medium-sized UK merchants have been neglected by incumbent payment services providers, lenders, and banks. These companies don’t invest in the simplicity and flexibility SMEs need to manage their finances.

"Mollie Capital fills a critical gap in the UK market. In Europe, we have customers repeatedly using, and paying back, this new funding source to drive sustainable growth.”

Mollie launched in the UK in early 2021, licensed via the Temporary Permissions Regime for EU-based financial services firms. In June 2023, the UK's Financial Conduct Authority granted Mollie a Payment Institution licence.


Find out more about Mollie Capital.

We're delighted to announce the launch of Mollie Capital – a fast and flexible way for businesses to access funding – in the UK.

Mollie Capital helps businesses bypass traditional lenders and access up to £250,000 to drive growth. We launched Capital in late 2022 in continental Europe, and thousands of companies have already used it to boost working capital and power growth. Our customers use Capital for various investments, including adding new inventory and increasing marketing spend.

In the UK, small- and medium-sized enterprises (SMEs) are underserved by traditional lenders. When they do apply for financing, they have to produce reams of financial data, put up with lengthy application processes and wait weeks for approval (or a refusal). And then more weeks to actually get their funds.

Unlike these lenders, once a business has processed payments with Mollie for 90 days, they can immediately apply for funding. The application process takes as little as five minutes, and once a decision is made, the funds are transferred within 24 hours. Mollie Capital features a fixed one-time fee with a repayment plan based on a percentage of a user's daily sales. This helps Mollie customers to remain agile and capitalise on growth opportunities.

Mollie Capital, which we offer alongside YouLend, has provided loans exceeding €50 million to over 5,000 SMEs in the Netherlands.

“Mollie Capital is our first financial service to launch in the UK – the first of many designed to eliminate financial bureaucracy for SMEs,” says Mia Hunter, Managing Director of Mollie UK. “For too long, small and medium-sized UK merchants have been neglected by incumbent payment services providers, lenders, and banks. These companies don’t invest in the simplicity and flexibility SMEs need to manage their finances.

"Mollie Capital fills a critical gap in the UK market. In Europe, we have customers repeatedly using, and paying back, this new funding source to drive sustainable growth.”

Mollie launched in the UK in early 2021, licensed via the Temporary Permissions Regime for EU-based financial services firms. In June 2023, the UK's Financial Conduct Authority granted Mollie a Payment Institution licence.


Find out more about Mollie Capital.

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MollieNewsMollie Capital launches in the UK to help firms with fast, flexible financing
MollieNewsMollie Capital launches in the UK to help firms with fast, flexible financing