In this article, we present the new PROGISAP x Silvr partnership, a company specializing in short-term financing for small and medium-sized businesses.

Cash flow: a challenge for service companies

The service sector is a key driver of the French economy, but the companies that make it up often face cash-flow difficulties. The collection of customer receivables can sometimes be slow, while one-off investments are necessary and working capital is needed to ensure the smooth running of the business... The financial needs of personal services companies are manifold, and can put a strain on their cash flow.

What's more, human services companies often need liquidity to finance their growth, whether this involves recruiting new employees, investing in product development or strengthening their communications. However, obtaining traditional financing can be a long and complex process, often involving strict conditions and personal guarantees. This is where the partnership between Silvr and PROGISAP comes into its own.

What is Silvr?

Silvr is a short-term financing solution designed to meet companies' immediate needs. Silvr offers an innovative and flexible approach, enabling companies to quickly access funds to finance their business projects. Silvr's key benefits include

  • Online request in 2 minutes The simplicity and speed of the process. This means that companies can submit a financing application online in just a few minutes.
  • 48-hour offer : Companies receive a financing offer within 48 hours. This enables them to plan their actions quickly.
  • Funds available in a few days Funds are transferred to the company's bank account within a few days, ensuring maximum responsiveness.
  • Flexible financing Silvr offers financing solutions ranging from €5,000 to €1,000,000, with repayment terms from 1 to 6 months.
  • No application or personal guarantee required : The process is simplified, with no need for complex files or personal guarantees.

Why choose the Silvr x PROGISAP partnership?

The partnership between Silvr and PROGISAP provides a complete and efficient solution for personal services companies. PROGISAP, with its application platforms, offers direct access to Silvr's financing services, which makes this partnership particularly advantageous:

Financing working capital

Financing working capital requirements is essential to ensure business continuity. Thanks to Silvr, companies can obtain an instant cash advance, so they don't have to wait for customer payments and can relieve their WCR.

Inventory financing

To avoid stock-outs and boost sales, companies can use Silvr funds to finance the purchase of inventory. This also makes it possible to negotiate advantageous terms with suppliers.

Financing supplier invoices

Silvr offers the possibility of paying supplier invoices in instalments, helping to preserve the company's cash flow. This flexibility makes it easier to manage cash flow and optimize relations with suppliers.

Simplified, fast process

The process of obtaining financing is quick and easy. In just 2 minutes, you can check your eligibility. Then you can create your account, connect to your bank and submit your financing request. Once the offer has been accepted, funds are available within 48 hours.

The Silvr x PROGISAP partnership offers an ideal short-term financing solution for personal services companies. It enables them to manage their cash flow efficiently and support their growth. With a simplified process, flexible access conditions and exemplary responsiveness, Silvr and PROGISAP are the partners of choice for VSEs and SMEs looking for fast, flexible financing.

If you would like more information, contact us right here.

Published On: July 22nd, 2024 / Categories: Actus-home-2024 /