Mollie, one of the fastest growing financial services providers in Europe, has announced the UK launch of Mollie Capital – a fast and flexible way for SME merchants to access funding. Mollie Capital gives UK retailers the opportunity to bypass traditional lenders and access up to £250,000 to help drive growth. Mollie Capital features a fixed one-time fee with a repayment plan based on a percentage of your daily sales. The success of Mollie Capital in Europe underscores the latent demand from SMEs for fast financing and wider money management services. Sebastian Bakker, general director of Dutch ecommerce brand CookingLife, an early customer of Mollie Capital, explained: “We used Mollie Capital while renovating our new head office and warehouse.

Source: The Times February 20, 2024 10:54 UTC