FAQ

Silvr is a lender for SMEs, founded in 2020 in France by Nima Karimi and Gregory Tappero. We develop next-generation financing solutions to help grow small and medium-sized enterprises. As of the start of 2023, Silvr has extended its operations to Germany, supporting German entrepreneurs in achieving their next milestone.

Silvr has issued over €200 million in loans.

Silvr empowers SMEs to optimize their cash flow flexibly with its forward-thinking platform, providing easy access to short-term financing through Silvr Capital and connecting businesses with a wide range of financing solutions through Silvr Connect.

Our analytical approach is based on financial elements that allow us to evaluate companies, such as balance sheets and bank statements. Through this evaluation, we can either directly offer financing via Silvr Capital or match your needs with the most appropriate financing solutions from our partners via Silvr Connect.

Silvr offers entrepreneurs an alternative to finance their business growth flexibly and rapidly.

• We provide quick access to financing through streamlined processes and efficient evaluation.
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• Through a single application in one unified platform, businesses can access the largest possible catalog of financing products, addressing all financing needs for SMEs.
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With Silvr Capital, we offer flexible financing without requiring personal collateral or collateralizing physical assets.

With Silvr Connect, we match you with the most suitable financing solutions from our extensive network of partners, all through the same Silvr space.

Silvr offers an efficient and flexible alternative to traditional financing methods, tailored to individual needs for SMEs.

Silvr has been built by entrepreneurs for entrepreneurs. To best serve our customers, we’ve chosen not to be just another bank. Instead, we position ourselves as a provider of financial services that offers forward-thinking financing solutions tailored specifically for SMEs in both France and Europe. At Silvr, we understand the unique needs of businesses, and our forward-thinking approach ensures that your visions for your business won’t be limited to monetary constraints.

Silvr’s offices in Berlin and Paris welcome visitors anytime. Please have no hesitation in contacting the Silvr Team at contact@silvr.co so we can plan your visit together. You can also connect with us at various events. Follow us on LinkedIn to find out when and where to meet us next.

Silvr offers two complementary solutions to address all financing needs for SMEs:

• Silvr Capital: Our short-term, flexible, and fast financing solution, ideal for working capital needs, invoice financing, or inventory financing.
• Silvr Connect: Our matchmaking service that connects you with the best financing offers on the market for specific and longer-term needs such as real estate, equipment purchases, leasing, share buybacks, etc.

These two solutions can be used separately or together, depending on your needs.

SME needs are diverse, and Silvr's financing solutions reflect this.

With Silvr Capital, companies can use our business loans for:

• Invoice Financing
• Inventory Financing
• Growth Financing
• Or as a Working capital loan

With Silvr Connect, we connect you with the best offers for:

• Real estate financing
• Vehicle and equipment purchases
• Equipment or car leasing
• Furniture purchases
• Business acquisition
• Long-term treasury financing
• Share buybacks
• And all other specific financing needs

No, Silvr financing does not dilute capital. You retain complete financial and operational control.

With Silvr, you retain complete financial and operational control. It also means that you decide the needs to be covered with your obtained business loan. We won’t interfere and think it is crucial that you find the right financing mix for your business.

For Silvr Capital: All Germany or France-based SMEs with a minimum monthly turnover of €7,000 (France) or an average monthly turnover of €10,000 (Germany) and at least six months of operational history benefit from Silvr's simplified application process. Silvr finances all common legal forms, excluding self-employed/freelancers.

For Silvr Connect: The service is intended for SMEs with an annual turnover of at least €50,000. Self-employed individuals and micro-entrepreneurs are not eligible. There is no maximum financing limit.

Please note: We cannot offer you a business loan if you have severe financial difficulties.

For Silvr Capital:

1. Test your eligibility: Find out within 3 Minutes if you are eligible for Silvr financing‍
2. Fill in your request: Upload business information and financial documents
3. Get your financing offer: You will receive your personalized financing offer within 48 hours
4. Use your funds: You will receive your business loan on the next banking day after signing the contract

For Silvr Connect:

1. Specify your financing need in your Silvr space
2. Provide the necessary documents based on your type of financing
3. Sign a mandate with our broker partner (this mandate is only effective upon obtaining an offer)
4. Receive the best offers available on the market
5. Choose the offer that suits you best
   

For Silvr Capital:

• Bank statements covering the past 6 months for businesses based in France and 3 months for those based in Germany
• Latest financial statement for loans over 50K for French businesses or over 25K for German businesses
• For German-based businesses: BWA & SuSa
• Sole proprietor: Revenue surplus statement
• Links to all relevant business accounts or account statements via Open Banking

For Silvr Connect: The required documents vary depending on the nature of the requested financing but generally include:

• Balance sheets and income statements
• Bank statements
• KYC (Know Your Customer) information
• Specific documents depending on the type of financing (quotes for equipment, preliminary contracts for real estate, etc.)

Our team will guide you precisely on which documents to provide based on your specific need.

For Silvr Capital: The process is fast once your bank accounts are linked or your documents are uploaded. If you meet the criteria for financing, you can expect to receive your customized loan offer within 48 hours. Upon deciding to proceed with the funding, the payment will be processed on the next banking day after signing the contract.

For Silvr Connect: The timeframe varies depending on the nature of your financing request, ranging from a few days to several weeks for more complex financing.

Our data-based Scoring Technology analyzes your eligibility when you link your bank accounts. If your business qualifies for Silvr financing, you will receive your personalized loan offer within 48 hours. Upon contract approval, the payment will be deposited into your bank account either on the following banking day or on a specific date that better suits your preference.

The loan amount is transferred directly to your business account.

Each business partnering with Silvr is unique, so financing amounts are determined based on individual assessments. Once you receive your offer, you can modify the proposition amount directly in your Silvr Space.

For all businesses, the repayment of your business loan occurs through fixed monthly installments for a period ranging from 1 to 12 months.

The repayment amount corresponds to the loan amount plus Silvr's commission divided by the number of installments.

Silvr charges a fixed commission starting from 1.5% per month of the loan amount for processing and providing your loan, depending on the business's key figures.

The percentage of your repayment is fixed for the entire loan period.

The repayment installment is usually due one month after the total loan amount has been paid out.

The repayment ends when you fully repay the loan amount plus the commission. The repayment period may vary depending on the business.

We are happy to support you for the long term. That's why we can provide as much financing as you need. A renewal of financing, meaning a new business loan, can be granted once 50% of the current loan has been repaid. However, please note that a new eligibility check is required for the renewal process.

Ensuring the security of your data is a top priority for Silvr. We consistently design our systems to protect your data, ensuring that all data transmission and storage occur exclusively in encrypted form. Silvr has earned ISO/IEC 27001 certification, underscoring our dedication to the highest information security and data protection standards.

All data shared with us by connecting your bank accounts or uploading your documents within the Silvr platform will be treated with the utmost confidentiality. Our access is limited to read-only, preventing any alterations or modifications to the information you entrust to us. We utilize your data solely for generating personalized financing offers and strictly adhere to legal obligations.

When information is shared with third parties, it is exclusively in the legitimate interest of your financing request, with the sole purpose of establishing a financing application. The same rights to request data deletion apply to any information shared with our partners. We ensure that your data is never disclosed to third parties for purposes other than processing your financing request.