Skippr Review

Skippr was founded in 2016 by Patrick Crivelli and Alistair Lamond out of Sydney, NSW when they saw an opportunity to assist SMEs in Australia in getting a better understanding of their cash flow situation. Skippr operates as an online debtor financing solution. As a new company in the Fintech world Skippr offers solutions for SMEs to meet and understand cash flow needs. Google reviews show a 5 out of 5 star ratings.

This review of Skippr will help you better understand your options for debtor financing for your businesses cash flow problems. When your business has a cash flow shortage it is important for businesses to understand what their choices are outside of traditional financing with banking institutions.

Skippr Reviews in Numbers: 2018

Australian Business Number (ABN): 21 624 854 137
Australian Credit License: 624 854 137
Loan amount: Not Listed
Loan term: Not Listed
Unsecured Loans Offered? No, loans are secured by invoice financing
Easy Online Application: Yes
Response Normally Within: Within 24 hours
Documents Required to Apply: Provide unpaid invoices to show assets
Requirements to Apply: Australian Business with Invoicing
Minimal Interest Rates: Unknown
General Feedback from Clients Online: Customers feel their cash flow needs are being met with Skippr
Awards and Recognition: None
Website Address: https://www.skippr.com.au/

Short Summary:

Skippr finances SMEs in Australia who need funds for cash flow management. Skippr goes above and beyond for its clients by offering a free cash flow forecasting tool. This tool is instrumental in aiding businesses in seeing when they cash flow will be short and when funds may be needed. This not only helps their clients know when they are going to be short on cash but know when they need to apply for additional funding through Skippr. Giving their customers foresight is key in helping SMEs across Australia understand their companies’ finances.

Company Story

Founders Crivelli and Lamond believe that one of SMEs biggest challenges is cash flow for their businesses. While both come from working with large corporations like NAB and HSBC they saw that the ‘little guys’ always struggled with financially. One of the things the sets Skipprs’ platform above the rest in that they provide a cash flow forecasting tool for free to their clients. While this might seem like an easy service to provide, many businesses lack for foresight to know when cash flow shortages are coming their way. This tool enables their clients to better understand their cash flows and predict when they will need additional funds down the road.

Skippr Client Reviews

The 5 star rating on Google Reviews shows that while this is a relatively new company they are working to build the future for small business finance in Australia.

Owner of Botanical Life, Nadia Watson states that Skippr was instrumental in their growth and her ability to take orders from clients knowing without concern about their payment terms, allowing her to focus on his business.

Client Reviews – Data:

– Google Reviews: 1 Review, 1 Positive, 0 Neutral, 0 Negative – Average score 5.0 / 10

Analysis of Client Reviews:

As Skippr is new to the FinTech world, they haven’t had much in the way of reviews. This should not keep you from considering to borrow from Skippr. They offer competitive rates and financing in less than 24 hours for their clients. Even if you simply apply for an account with Skippr if you are not in need of capital funds at this time you can use their free cash flow forecasting tool to gain a better understanding of your business’s financial status.

Skippr Compatibility

  • Startup: Yes, while it is not stated, nothing it stated against working with startup businesses
  • Bad credit: Yes, while it is not stated, nothing it stated against working with businesses with bad credit
  • Sole trader: Yes
  • Minimum Monthly Turnover: No minimum monthly turnover
  • Established business: Yes, Skippr will accept any established business.
  • Maximum Loan Amount: No maximum loan amount is specified