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COMPEON Review

1

Β·

Excellent

Revainrating 5 out of 5Β Β 
RatingΒ 
5.0
Business Services Providers, Business Finance

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Description of COMPEON

COMPEON is a product and vendor-independent full-service provider for SME financing.

Reviews

Global ratings 1
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Type of review

Revainrating 5 out of 5

We are very happy with our choice of COMPEON as our funder.

Our business was expanding and we decided to look for external funding to finance this growth. The investment committee chose COMPEON as their preferred funder and we now use COMPEON’s services for corporate lending, invoice factoring and asset management. COMPEON helped us gain access to a wide range of banks, including high net worth individuals (HNWIs), corporates and SMEs. This diversity has enabled us to get the best possible terms and conditions for our loans, factoring agreements and…

Pros
  • Fast processing time and ease of application
  • Compeon’s credit scoring system and flexible repayment policies enable us to identify the right types of borrowers and thus improve our chances of gaining access to financing.
  • Highly professional and helpful customer support representatives
Cons
  • We tried several providers before finding one that suited us well
  • Many lenders require you to undergo a credit check and sometimes even a second round of checks when certain circumstances arise