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Level — Non-dilutive financing for fintech startups
Level provides lending startups access to quick capital that gets them off the ground and grows with them as they scale. We buy loans in small quantities at first, rewarding with more access to capital based on performance. Level is backed by YCombinator (S21)
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@asametrical thrilled to join your seed round out of YC and be a part of your disruptive fintech innovation journey. Love to collaborate connecting you with other Trajectory Capital companies.
Hey Product Hunters,
I’m Vladimir, Co-Founder of Level along with @asametrical and @hogamo. 🎉
Building a lending company is challenging because it requires a lot of capital, and by far the most difficult part is getting started. You need lending history to access capital, but you can’t access capital until you have a history of successful lending. Your only option is to raise dilutive equity and lend off your balance sheet, patiently waiting for your loans to get repaid so you can grow to the scale where you finally have the opportunity to pay over $100,000 (just in legal fees) to set up a traditional warehouse loan.
That’s the old way.
We built Level so that innovative founders from nearly any place in the world can responsibly scale up a lending business without needless constraints. We do so by purchasing existing loans off your balance sheet for upfront cash, so you don’t need to wait idly while your loans are gradually repaid.
We’re buying loans right now. Sign up through Product Hunt and we’ll do our best to get you funded within 48 hours.
Very good team, great product. Super helpful for every early stage fintech company
🙏 Thanks @alexey_nikityuk ! Wedding costs are crazy, so we definitely see a bright future for Maroo
We are currently building Agrowfi and could really use this product! @asametrical , very interested in speaking with your team!
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