erad

Hey everyone 👋

This is Salem, Faris, and Youssef from erad. We are excited to share with you what we are building.

🤔 The Problem

Online businesses face a capital problem with limited funding options. Equity is dilutive and debt requires assets and collateral that most online businesses do not have.

💡 The Solution

erad provides payment processing and non-dilutive funding to online businesses in the Middle East. We underwrite these businesses by accessing their accounting, sales, payments, and marketing data. 
Our process involves connecting to your systems and offering you financing in 48 hours. We automate repayments by processing your online payments.

🕑 Our Backstory

Before launching erad, we owned an online business that we sold due to the lack of capital. We then worked in banking, M&A and built enterprise e-commerce programs in the Middle East.

Looking for alternative funding sources for your online business in the Middle East - Talk to us!