Axle Payments Profile

Deal Summary

1

Deals Funded

$500,000

Total Issued

$500,000

Avg. Deal Size

About Axle Payments

Axle Payments provides fast and affordable working capital for freight and logistics companies. Since it was founded in 2017, Axle has leveraged its own technology to offer a streamlined alternative to the traditionally inefficient operations of factoring companies.

Based in New York, the Originator is looking to grow their business by purchasing a larger volume of invoices from a growing list of clients eager to do more business. Axle's management team has a combined 30+ years of financial services, legal, and technology experience.


COMPANY FACTS

Founded: 2017

Industry: Factoring receivables

HQ: New York, NY

Key People: Bharath Krishnamoorthy (CEO & Co-Founder), Shawn Vo (CTO & Co-Founder)

SOCIAL MEDIA

Facebook    |    LinkedIn

Past Deals

  • deal history

Close Date

Name

Deal Size

Duration (days)

APY

2/11/20

Ultra Short Term Logistics Factoring 11-A () 

$100k

30

19.50%

Links to Ethereum contract for each deal

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