
Adsum
London-based fintech specialising in Instant VAT refunds, R&D Tax Credits and Creative Industry Tax Credits for UK businesses. Adsum is the TaxOS.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $5.0m | Early VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 29 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Adsum Works is a dynamic financial services startup based in the UK, specializing in providing fast and flexible lending solutions to Small and Medium Enterprises (SMEs). The company focuses on offering various types of loans, including tax loans, property loans, and business loans, tailored to meet the unique needs of SMEs. Adsum operates in the UK market, addressing the financial challenges faced by small and medium-sized businesses.
Adsum's business model revolves around offering quick and efficient loan processing. They pride themselves on their ability to process loans within just five days, requiring only seven essential documents from applicants. This streamlined approach ensures that businesses can access the funds they need without unnecessary delays. The company emphasizes direct decision-making, avoiding the bureaucratic layers that often slow down traditional lending processes.
The primary clients of Adsum are SMEs that require immediate financial assistance to seize business opportunities or manage unexpected expenses. For instance, businesses needing to cover VAT on invoice purchases or property transactions can rely on Adsum for prompt funding. This capability is particularly valuable in scenarios where timing is critical, such as purchasing high-demand inventory or securing sought-after properties.
Adsum generates revenue through the interest and fees charged on the loans they provide. By offering competitive rates and flexible terms, they attract a broad range of SME clients who are looking for cost-effective financing solutions. The company also keeps clients informed about their latest products and loan offers through regular updates, ensuring they remain a go-to resource for business funding in the UK.
In summary, Adsum Works stands out in the financial services sector by offering rapid, straightforward, and direct lending solutions to SMEs in the UK. Their focus on speed, ease, and direct decision-making makes them a preferred choice for businesses needing quick financial support.
Keywords: SME loans, UK lender, fast funding, tax loans, property loans, business loans, flexible lending, direct decision-making, quick loan processing, competitive rates.