Virgil Zahan, CEO of Goldring, launches the Finants.ro platform, an online loan broker for SMEs and startups

Virgil Zahan, the general manager of Goldring, one of the most active brokers in terms of listings at the Bucharest Stock Exchange, comes to the support of Romanian entrepreneurs interested in streamlining their activity and launches Finants.ro, the online lending platform dedicated to SMEs, the first One Stop Shop of funding sources.

“Finants.ro will function not only as an online loan broker for companies in the SME area, including startups, but as a true One Stop Shop of the funding sources that entrepreneurs need. It is the solution by which we help entrepreneurs not only to receive the most suitable financing, but also to save time, which is extremely valuable for those who run businesses. Moreover, the platform also offers a financial analysis tool based on public data, a tool where you, the entrepreneur, can compare your indicators with those of your direct competitors and, more relevantly, with the industry benchmark in that you activate”, said Virgil Zahan.

Finants.ro (www.finants.ro) makes the matching between the client’s requests and financing offers, another competitive advantage being given by the speed with which the client’s request reaches the financiers and the transparent way in which the applicant can choose the most suitable option for him.

Finants.ro’s policy is “zero commission” for customers who access the financial analysis and credit services. The platform’s sources of income are generated by the leads and the commission collected from the financiers, when the funding request is honored.

Finants.ro provides financiers with a summary of the financial results together with a financial health score, in order to shorten the time between the analysis of the financing file and the expressed interest in granting the loan. Also, the data uploaded by entrepreneurs in the platform will be visible to those bidders that they have accepted, it will not be necessary to send the same data to each potential financier.

Specifically, the goal of Finants.ro is to help entrepreneurs find the right financing for them as simply and quickly as possible and to save time. In the platform, on the side of financiers, there will be banks, IFNs, brokerage firms, crowdfunding platforms or other partners who want customers and who, in turn, obtain advantages by offering their services through Finants. Also listed will be the grant funding available to companies.

“An entrepreneur enters the application and launches a request for an offer. The request is sent to bidders who have the requested product in their portfolio. In the conditions where there are no offers for the request, the applicant is directed to another close product or his request is withheld until financing products that cover his need appear. In the conditions where the client is <> and there are offers for his request, he will be able to choose the preferred financier”, explained Virgil Zahan.

The team of the entrepreneur from Târgu-Mureș gathered more than 10,000 hours of work for this project, which he worked on for almost four years and which has several stages of development both in terms of the credit products area and in terms of the area of ​​financial analysis and education functionalities.