No documents or private data required. We conduct AI product check based on open data. Just fill in your product's ASINs or EANs and tell us how you scout and fulfill your orders, and get an offer in 24 hours!
We pay out your growth capital either after production, dispatch, or arrival of your goods. You can start selling a partial amount of goods immediately.
After successful sales, you can settle part of the financing and we will release further inventory accordingly. You simply repeat this until the financing is completely settled and all products are released.
With Myos, you don't have to pay a fixed or lump sum that would penalize you if you repaid the funding earlier. You only pay a monthly fee on the outstanding capital. Your %-fee depends on your product scoring. If you repay earlier, you will pay less.
It pays to look closely! Many providers charge fixed fees over the entire term of the loan. In this case, you do not benefit if you can repay the loan faster, but pay the full amount. With Myos, on the other hand, you have full flexibility and only pay what you really need.
You receive a confirmation of the approved loan amount and send us back the signed contract.
You receive the payment from Myos to your deposit account.
You redeem the first batch of your stock (e.g 10%) and repay a part of the loan back (also 10%).
You redeem the second batch of your stock (e.g 50%) and repay a part of the loan (also 50%) back.
You redeem the last batch of your goods and repay the rest of the loan back.