Spetz Inc. announced it has entered into an Agreement (the "Agreement") with Lendflow to enable seamless access to capital, within the Spetz application for Spetz Service Providers. The integrated funding options, powered by Lendflow will enable Spetz Service Providers to quickly obtain funding of up to $1m in as little as 24 hours - ranging from line of credit, equipment loans, and receivables factoring. Funding is available to all Service Providers who qualify via "Know Your Business" and credit approval.

Lendflow's white label solution integrates seamlessly with SaaS companies, like Spetz, that work with small and medium sized businesses in construction, transportation, e-commerce and home repair industries amongst others, to provide easier and faster access to financing. Completed funding transactions include fees split between Spetz and Lendflow, in the Agreement. Spetz and Lendflow will operate this financial service under the name Spetz Capital.

Spetz' Service Providers will be able to apply for loans and other financing products at capital.spetz.app, a site developed by Lendflow exclusively for Spetz Capital. Here's how Spetz Capital works: Service providers apply for financing through Spetz Capital secure portal to get the funding. A funding advisor provides guidance through the process and helps Service Providers choose the best option for their business.

Service providers get cash wired directly to their business bank account. Spetz Capital gives Service Providers the opportunity to compete for work contracts once considered beyond their service capacity or obtain additional working capital to complete a contracted job. Previously, contractors in need of short-term loans would rely on obtaining financing from separate financial institutions.

Spetz Capital has quicker processing and turn around times for approval compared to traditional financial institutions.