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Why Nexo #4: Funding Your Business

Nov 25, 2020·1 min read
Why Nexo
Why Nexo #4: Funding Your Business

The innovative thinking behind blockchain and the opportunities this technology creates drives many crypto enthusiasts to become entrepreneurs both within and outside of the ecosystem. Nexo is proud to empower businesses large and small through the financial services it offers. In this edition of Why Nexo, we invite you to consider using our crypto credit lines to invest in and run your business.

Funding Your Business

Nexo’s Instant Crypto Credit Lines™ can provide you with the flexible, low-cost and tax-efficient financing you need to push your business forward without resorting to the more restrictive and expensive sources of funding traditional finance offers. Here are a few common expenses every entrepreneur faces that can be covered via crypto credit:

  • Initial investment: Be your own investor and establish your own company.
  • Working capital: Cover operational expenses.
  • Payroll: Pay employees in full and on time no matter the circumstances.
  • Expand: Make the necessary investments to grow your company your way.

Funding Your Mining Business

Your business happens to be crypto mining? We’ve got you covered. While Nexo’s standard products offer a lot of flexible funding opportunities to miners, we also offer bespoke services in this field through our extensive institutional suite, including insured, option-based zero-liquidation loans. For more details, get in touch with our team at support@nexo.io or visit our institutional page.

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