We work hard every day with the goal to provide companies suitable financing while avoiding lengthy application processes from banks and other financial institutions.
NoviCap was born in 2015 with the objective of simplifying invoice financing.
Typically, traditional factoring companies are known for using aggressive sales tactics, charging high costs and hiding conditions in small letters. The main cause of this is large, high operational costs, which they need because they do not leverage technology efficiently.
Taking this into account, at NoviCap we have created the first customer centric, fully digital invoice finance solution. The result is a platform where every step is straightforward, fast and transparent. We calculate credit risk and financing costs instantly, finance invoices within 48 hours, have a simple cost structure and charge cheaper rates than other alternatives.
By removing inefficiencies that are characteristic of traditional factoring companies, NoviCap has become an easy-to-use service that aims to revolutionise the way companies receive financing so they can focus on what they are best at.