Accessible financing - built into your account

Financing is designed for small and medium businesses as well as freelancers who want to improve their cash flow within a short time without a tedious search for a trusted lender.

The maximum loan amount that can be approved is €200.000. Several factors influence the approved loan amount, but the primary factor is your business's average monthly revenue. To get an estimate, you can use the loan calculator in the Vivid Business web app.

Currently, loans are available for registered European businesses and freelancers that are in operation for more than six months. Applications can be submitted from the Vivid Business account by anyone that holds an Owner or Admin role. More details can be found here.

Loan applications are initiated inside the web interface of your Vivid Business account, in the section “Financing”. After calculating an approximate loan amount based on your business’s monthly revenue, you will be forwarded to our trusted partner finmid. You should check all pre-filled details on the platform and choose your loan term and payout account. To finalise the application, all directors will have to complete a verification. The process is explained in detail here.

Once you submit your application, the review process usually takes about 2 business days. You’ll receive the decision both via your registered Vivid email and directly in the app. If you’ve applied for a higher limit, we’ll notify you of the new offer. If you accept the updated terms, the disbursement is going to take up to 3 business days to your Vivid main account

Each loan has one fixed fee set upfront after we evaluate your company. It’s added to your loan total and repaid with your monthly installments. The fee doesn’t change — no interest or hidden charges. More details on these two fees can be found here.

Our partner finmid is a fintech start-up based in Berlin, dedicated to providing simple and flexible financing solutions. With finmid, companies can access capital quickly and effortlessly, without the hassle of complex loan terms or hidden fees. Loans can be applied also by Banxware in Germany.

Repayments come from your Vivid Main account. For now, you can set up a recurring SEPA transfer during the loan process via your Cash Loan Account. Soon, you’ll also be able to repay monthly by SEPA Direct Debit from your Vivid Main account. Your loan is disbursed to and repaid from the same account, switching accounts isn’t available yet. We’ll notify you a few days before each due date and remind you to top up if your balance is low. More details here.