Financial Services - New York, New York, United States
Ned is a financial technology platform that helps small business owners to manage and stay accountable when they get working capital from their friends, family, or those in their personal network. Ned's end-to-end solution allows businesses to properly document agreements, share business performance information, and stay on top of repayments. Today's traditional lending and credit products aren't a fit for small business owners and they're increasingly turning to their personal network for small amounts of short-term working capital. Specifically, Ned facilitates revenue cash advances between business owners and their investors to optimize the partnership. Business owners maintain flexibility and their investors benefit from set returns.Ned makes it easy to work with those you know:- Structure terms directly- Pay back with your revenues- Keep everyone informed about performance*Ned was launched at the Founder Institute NYC 2021 Cohort
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