Creation date :
2021
Sector:
Flexible furnished rental
Size :
5 M€ sales
Location:
Paris
Financing used :
Karmen Loan
Amount :
320 000€
Result:
+100 apartments financed
Quote
"What made the difference was the combination of responsiveness and non-dilution."
Caue

Flexliving

Caue Brioli co-founded Flexliving, a housing subscription solution that offers turnkey pied-à-terre apartments in Paris, specifically located a stone's throw from the office, for all teams who work remotely and need to visit the site regularly.

Financing requirements for operations

Of all the financing solutions Flexliving was eligible for, the company was looking for a reactive option, unlike the other players who were much slower. The main need was to rapidly obtain cash flow to finance their first housing operations in Paris.

Our response

The collaboration with Karmen was characterized by transparent exchanges and an immediate understanding of the business model. The Karmen teams quickly proposed a suitable financing package, enabling Flexliving to obtain the funds in their account within a few weeks. The success of this solution is based on two major advantages: the absence of capital dilution as an alternative to debt, and unrivalled responsiveness in financing initial operations. This combination has proved particularly well-suited to their recurring SaaS model.

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