Advanon
Hint: accessible only for residents from Switzerland
Advanon was founded by three entrepreneurs who met while working at Google, with the mission to make short-term financing fast and easy, so businesses can grow at their full potential. Since their founding they have added additional experts to the team, either as employees or in their board, within the field of technology and finance.
On Advanon platform they give SMEs the option to pre-finance their open invoices, so that they do not need to wait for 30-120 days for their customers to pay.
As compared to traditional factoring services Advanon does not charge any hidden fees, nor do they require any minimum amounts to be financed or apply any lock-in periods. Companies can get financing fully flexible without any obligations and with a transparent pricing.
Advanon is an authorized financial intermediary that is directly subordinated to FINMA (Directly Subordinated Financial Intermediary, DSFI) according to the Anti Money Laundering Act (AMLA).
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