Broadfactor

Brazilfintech

Broadfactor is a Brazilian fintech that provides short-term credit to micro and small businesses by offering receivables anticipation (antecipação de recebíveis). The company enables these businesses to access working capital quickly by advancing funds against their outstanding invoices or future receivables. Its target customers are micro and small enterprises in Brazil that need faster access to cash flow. In a recent development, Broadfactor received a R$ 20 million investment from SRM Ventures, the venture arm of SRM Asset, and aims to reach R$ 200 million in receivables anticipation volume in the following year.