Aprila Bank is pleased to announce the launch of a new product
Credit line for small and medium sized businesses. The product is integrated in the market leading online accounting system Tripletex.
As with Aprila Invoice Sales, Credit Line is a highly flexible product. The process of becoming a customer is quick, simple and seamlessly integrated in Tripletex. Onboarded customers have no obligations to consume the product, and there is no cost involved in having the credit line available. Customers pay only for what they use, which in this case is for funds drawn from the credit line.
Tripletex has 40,000 SMB customers in Norway, and is a very important distribution partner for Aprila in terms of reaching small and medium sized businesses directly and in a natural environment for financial services.
“We are very happy that Tripletex again has the boldness of being first to integrate an innovative and new product, and we have already approved 65 companies for credit line in the first two days. Norwegian SMBs are underserved and will benefit from easy and convenient access to financing when they need it. The integration with Tripletex allows for digital onboarding, automatic bookkeeping and very fast access to financing” says Halvor Lande, CEO of Aprila Bank.
“We are still early in a controlled launch of credit line in Tripletex, and have already received very positive feedback from both end users and accountants regarding the new credit line offering. With the launch of Credit Line in Tripletex we are making it easier than ever to get access to credit for SMBs, and we see this product as a natural next step in making the workday easier for our customers. We are excited to be at the forefront, by integrating services that are useful for our customers inside our online accounting system. Tripletex is the natural environment for the small and medium sized businesses to take control of their financial situation” says Hege Oustad, CEO of Tripletex AS.
“We have an excellent ongoing partnership with Tripletex as they were the first to integrate with our digital invoice sales. Small businesses have already sold invoices for a total value of 500 MNOK through this partnership” says Halvor Lande, CEO of Aprila Bank.
For more information, please contact:
Halvor S Lande, CEO Aprila Bank ASA
+47 92 43 23 05
Hege Oustad, CEO Tripletex AS
+47 94 34 18 98