Zurich-based start-up helps municipalities to obtain loans.
We have closed a total of CHF 80 million in short-term financing via Loanboox in three transactions since 23.03.2020.
The financing needs for the city of Winterthur are higher than usual, he says, because the costs are rising due to the emergency programme, but the income from taxes and fees is low. That’s where Martin Pöhland likes to fall back on Loanboox. Once registered, Loanboox users use the platform contracts, which reduces paperwork and makes the whole process quick and easy for all parties.