Understand everything about Karmen financing with explanations as clear and transparent as our financing. The answers to your questions, that's all.
Karmen is France's leading WCR financing solution.
We offer a new financing solution, designed for all businesses.
We analyze your company's data and offer financing in 48 hours, up to €5 million, to meet your growth ambitions.
Karmen financing gives companies access to financing in the form of a loan, in less than 48 hours.
It can meet all your cash flow / WCR challenges andshort-term ROIinvestment financing.
For example, our customers use Karmen to finance their:
- Working capital requirements (WCR) linked to cash flow mismatches
- Inventory purchasing
- B2B invoice advances
- Marketing campaign budget
- Recruitment
Putting together a file and accessing a bank loan is a very time-consuming process, whereas applying for Karmen financing takes only a few minutes and the funds are released within 48 hours.
In addition, Karmen does not charge an interest rate but a commission on the total amount financed.
The cost of financing is clear and there are no hidden fees, Karmen bears the entire risk and takes no guarantees.
The fundraising process is very time consuming and distracts founders from their business activities. In contrast, Karmen's funding application takes only minutes and funds are released within 48 hours so you can focus on what really matters to your business.
In addition, raising funds involves diluting capital, an ongoing cost to the company and the founders.
Karmen financing is non-dilutive, allowing you to finance your growth sustainably over the long term.
Absolutely, that's even what we advise our clients to mobilize as much cash as possible, and to use non-dilutive financing as much as possible.
Karmen is a non-dilutive financing leverage to add to your financing structure just like a grant or a bank loan.
Karmen is particularly well-suited to financing working capital for businesses such as E-Commerce, SaaS, Marketplaces, Mobile Apps and other businesses.
The Karmen eligibility criteria are as follows:
- Company based in mainland France
- Company age > 2 years
-Sales over the last 12 months > €300,000
- Positive shareholders' equity on the liabilities side of the last balance sheet
- Profitable or unprofitable company with a runway (life expectancy) > 6 months
- Absence of unpaid suppliers, URSSAF liens, etc.
- Managers with no history of insolvency proceedings (receivership, liquidation) over the last 10 years.
No, Karmen finances companies with at least 2 years' seniority.
For your first application, we can finance up to 20% of your annual sales, to a maximum of €5 million.
Once you have submitted your financing request and information (about 15 minutes), our teams will take 2 to 8 working days to determine your eligibility and work out the financing terms with you.
Once the offer has been accepted, the funds are sent directly to your account within 48 hours.
1. Complete your Karmen financing application (2min)
2. We'll get back to you within 24 hours.
3. Connect your banks and tools to the Karmen app. Thanks to open banking, Karmen integrates natively with your existing banks and tools in just a few clicks.
4. Receive your financing proposal with a clear cost and schedule.
5. Get the funds directly into your bank account.
6. Repeat the operation as your business grows.
No, the application and analysis are totally free. You don't pay anything until you sign with us.
Financing is repaid in fixed monthly installments (first installment due 30 days after receipt of funds).
With the schedule, you know in advance what you're paying back and when. No surprises.
We take a commission on the total amount financed (and not an interest rate as with a bank loan).
For example, if we finance €200,000 over 6 months at 6%, you will repay €212,000 in 6 monthly installments.
The cost of financing is therefore linked to the last monthly installment, when you have already completed your projects.
The cost of financing takes the form of a commission on the total amount financed.
The commission varies between 0.9% and 1.1% per month, depending therefore on the repayment term, the amount and your company's score.
No guarantees and no hidden fees.
The commission is calculated according to the amount financed, the repayment period (24 months maximum) and the company's level of risk.
No collateral is required, and we guarantee financing with no hidden costs.
For your first application, we can finance up to 20% of your annual sales, to a maximum of €5 million.
The minimum financing period is 2 months.
The maximum financing period is 24 months.
Karmen recently raised 1OO million euros in debt from Fasanara Capital.
As a result, Karmen offers the most competitive financing terms on the market.
Read our press release press release for more details.
Yes, that's even what we recommend.
Rather than using a single large financing (and thus paying a commission on money that is sleeping) we encourage our clients to use several smaller financing amounts, proportional to your short-term growth needs, for tailored financial support.
The funding is paid to you by bank transfer, directly into your company's account.
No. You are free to use the money as you wish.
We connect to your corporate bank accounts via our open banking partner solution (Bridge) in order to get an overview of financial flows and transactions.
We must have a comprehensive financial view of your company's financial health to determine its eligibility.
We are required to stay connected for the duration of the financing to adjust our financing as needed and ensure we are in compliance with anti-money laundering and anti-terrorist financing.
The implementation ofOpen Banking (mandatory for all banks following the new PSD2 regulation) allows us to have a vision on your banking transactions.
We cannot execute any operation on your accounts.
Yes, all data shared with Karmen is encrypted and secure throughout its use until it is deleted.
No.
Karmen is committed to protecting the confidentiality of your data.
Your data will be used exclusively by us and will never be exported or sold to third parties.
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