Ferratum Business becomes CapitalBox

Ferratum Business - CapitalBox

Why are we rebranding, the story.

Ferratum Group started offering SME Loans in Sweden 5 years ago, and it was a simple trial of a completely new product and business approach. The company was already very successful with consumer loans on 25 markets and was very busy expanding its portfolio of products within the existing target group. Nevertheless, the decision of launching the Ferratum Business was made along with allocating a dedicated team to grow it.

5 years, 5 more markets later, SME Lending products provide more than 12% of the Ferratum Group revenue and have become one of the growth drivers for the whole company. Ferratum Business also become one of the fastest-growing, non-banking lender operating in continental EU. At this stage, to emphasize the focus on SME Lending, Ferratum Group decided to apply separate branding to it’s Business Lending Loans.

The new brand name, Capital Box, clearly states the mission of the Business Lending Division. Our goal is to provide a safe financial space and working capital for SMEs around the world and support them in their efforts to grow faster and in a more sustainable way.

The decision to separate the consumer and business brand will not only introduce more clarity to potential customers but will also support a further and faster expansion of the business products portfolio. Under the new brand, very soon, CapitalBox starts offering new financial products that will still provide the same exceptional customer experience though fully digital customer journey and fast approval process. CapitalBox will keep on changing the way SMEs access financial products, making the SMEs, the backbone of the world economy, stronger than ever.

Why did Ferratum Business change to CapitalBox?

We started offering SME business loans in Sweden 5 years ago as Ferratum Business, part of Ferratum Group. 5 years and 5 more markets later, SME lending products provide more than 12% of the Ferratum Group revenue and have become one of the growth drivers for the whole company. Ferratum Business also become one of the fastest-growing, non-banking lender operating in continental EU. At this stage, to emphasize the focus on SME Lending, Ferratum Group decided to apply separate branding to it’s Business Lending Loans.

The new brand name, CapitalBox, clearly states the mission of the Business Lending Division. Our goal is to provide a safe financial space and working capital for SMEs around the world and support them in their efforts to grow faster and in a more sustainable way.

Who is CapitalBox?

CapitalBox (formerly known as Ferratum Business) is a business financial lender that commits to changing the way SMEs access financial products, making SMEs, the backbone of the world economy, stronger than ever!

Under our new brand, CapitalBox aims to start offering new financial products that will still provide the same exceptional customer experience through a fully digital customer journey and fast approval process. CapitalBox will keep on changing the way SMEs access financial products, making the SMEs, the backbone of the world economy, stronger than ever.

How does CapitalBox differ from Ferratum Business?

Ferratum Business becomes CapitalBox with the goal of providing a safe financial space and working capital for SMEs around the world and support them in their efforts to grow faster and in a more sustainable way.

Why are you rebranding?

We started offering SME business loans in Sweden 5 years ago as part of Ferratum Group. 5 years and 5 more markets later, SME lending products provide more than 12% of the Ferratum Group revenue and have become one of the growth drivers for the whole company. Ferratum Business also become one of the fastest-growing, non-banking lender operating in continental EU. At this stage, to emphasise the focus on SME Lending, Ferratum Group decided to apply separate branding to it’s Business Lending Loans. The new brand name, CapitalBox, clearly states the mission of the Business Lending Division. Our goal is to provide a safe financial space and working capital for SMEs around the world and support them in their efforts to grow faster and in a more sustainable way.

The decision to separate the consumer and business brand will not only introduce more clarity to potential customers but will also support a further and faster expansion of the business products portfolio. Under the new brand, very soon, CapitalBox starts offering new financial products that will still provide the same exceptional customer experience though fully digital customer journey and fast approval process. CapitalBox will keep on changing the way SMEs access financial products, making SMEs, the backbone of the world economy, stronger than ever. 

How will this change affect me?

You will not be affected at all. Our website will be automatically redirected to www.capitabox.uk. Your credentials and your contract terms will not be affected in any way.

Can I still talk to the same contact person?

Yes, you will still be able to talk to the same contact person with the same contact details. Nothing changes in our team.

I am an existing customer. Will this affect my loan in any way?

No, your loan will not be affected in any way.
 

I have a Ferratum Business loan, will my schedule change?

No, your loan schedule will stay the same. Your contract terms did not change.

I have an ongoing Ferratum Business loan, will the payment details change?

The payment details do NOT change. You make the payments in the same way as before. Your contract terms are unchanged.

Do I still repay my loan to Ferratum Business?

Our legal entity does not change and your refunds are made under our contract to the same business entity.

What will happen to my information?

Nothing will happen to your information, our contract terms have not changed. Business will be as usual we only updated our branding to match our identity as a business lender.

Are my credentials for my account the same?

Your credentials did not change and if you can't remember them you will be able to reset your password using this link: https://www.capitalbox.uk/account/password-recovery

You can login to your account using this link https://www.capitalbox.uk/account/login

Am I still eligible for a CapitalBox loan?

Our eligibility criteria has not changed, this is what makes you eligible for a CapitalBox business loan:

  • Your business has been in operation for 12 months
  • It is not a sole proprietorship
  • Your company earns at least £75,000 in annual revenues
  • All owners of your company are the United Kingdom based
  • You have a dedicated business bank account
  • You have a physical business presence in the United Kingdom
How much money can I borrow?

Our loans terms have not changed, you can still get up to £50,000 for up to 18 months. Submit a short application for a CapitalBox business loan here: http://capitalbox.uk/application-form

Our colleagues will get back to you shortly after.

How should I contact Ferratum/CapitalBox?

Our phone number remains the same, only our email address will be updated to support@capitalbox.uk.
We will still receive your emails if you send them to support@ferratumbusiness.uk, our reply will be from our updated email address.

Our contact details are:

01512100322

support@ferratumbusiness.uk

 

Has the maximum repayment period changed?

No, our maximum repayment period is still two years.