Siimpel Corporation
Applies high precision MEMS platform technology to enable the reduction in size of high-performance digital cameras.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
$15.0m Valuation: $15.0m | Acquisition | ||
| Total Funding | 000k | ||
Siimpel specializes in providing innovative construction loan solutions that leverage land equity, making it easier for clients to secure financing for their projects. The company primarily serves local developers and first-time homebuyers, offering a range of loan programs tailored to meet diverse needs. Operating in the real estate and financial services market, Siimpel's business model focuses on facilitating construction loans by using clients' land equity as collateral. This approach allows clients to access funds without the need for additional mortgages or liens. Siimpel generates revenue through interest rates and loan origination fees, ensuring a steady income stream while helping clients achieve their construction goals.
Keywords: construction loans, land equity, financing solutions, real estate, local developers, first-time homebuyers, loan programs, financial services, collateral, interest rates.