@IIdsrud interested you would say re FundX "it's in a hot space which is poorly serviced by traditional players" when all the major players have an online and offline service for invoice finance / invoice factoring / debtor finance (lots of terms for this) and some even invoice discounting derivations . If you google those terms, I agree the market is very fragmented as there are also a lot of mid / small tier players also involved payee financing working capital.
I agree it's early days but I would like to see FindX aggressively advertised as its underlying business model is way more simple than most and being unsecured finance it removes the burdens of the bigger players who need to secure their intermediary lending with secured assets of the payer. The question I have which is not disclosed on the FundX site is how they are acquiring the unsecured capital for the loan side of the ledger.
Your comments re PeerPass, DMS, Rentoid and MyCaravan I completely agree with.
Discussion Points, page-18
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