loel

Car Powered Online Loans

Business Software
Non Active, Nov 2016
Pre-Funding Jerusalem Founded 2015
Total raised
Stage
Pre-Funding
Founded
2015
Headcount
6
HQ
Jerusalem
Sector
Business Software

About

With loel you can borrow money against your car. When loans are backed by cars, the risk to the lender is reduced. This means larger amounts can be borrowed with lower interest.Because the loans are backed by cars, the credit score is not an obstacle. loel uses smart technology to verify the car's condition.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesWeb
Target customers
ConsumersTransportation & MobilityCar Owners
Business model
B2C

Tags

fintechp2plending-and-financing