Franpos Partners with Fundbox to Launch Franpos Capital, Simplifying Access to Working Capital for Pet Industry Retailers
Franpos, the fastest-growing software provider for the retail industry across the US and Canada, announced the launch of Franpos Capital, powered by Fundbox, the leading embedded capital platform for SMBs. This new product offers Franpos’ retailers easy access to working capital directly within the platform they already know and trust.
Franpos Capital represents a significant addition to Franpos’ comprehensive product suite that includes point-of-sale and e-commerce solutions. The new offering supports the growth and long-term success of Franpos’ customers by combining Franpos’ focus on streamlining pet industry operations and Fundbox’s embedded lending expertise.
“When exploring our options for a capital partner, we wanted a solution with best-in-class user experience, fast time to market and backed by industry expertise.” said Subodh Gupta, Chief Executive Officer of Franpos. “Fundbox immediately stood out because of their deep experience in embedded credit and their seamless integration into our platform.”
Fundbox has been empowering businesses with flexible working capital solutions since 2015 and with 34 percent of small businesses expecting to grow their investments in the next year, Fundbox’s mission to empower retailers becomes increasingly more important. Through Franpos Capital, retailers can seamlessly secure funding to fuel growth, invest in inventory and maintain healthy cash flow—all within an integrated, user-friendly experience.
“We are excited to extend our embedded working capital offerings to Franpos and their retailers,” said Prashant Fuloria, Chief Executive Officer of Fundbox. “By streamlining our services for Franpos retail customers, we’re removing obstacles to funding by providing owner-operators with fast and convenient online access to capital. This enables them to invest in new equipment, navigate seasonal fluctuations and seize growth opportunities in the dynamic retail industry.”
Franpos Capital will have a seamless online application process with quick funding decisions, transparent and competitive interest rates and flexible repayment terms. Designed with busy business owners in mind, the user-friendly platform offers comprehensive support for equipment purchases and working capital needs, ensuring fast and hassle-free access to the funds they need to grow and manage their businesses effectively.