Apr. 25, 2022

1 min read

Plexe summary

Plexe is a next generation fintech that provides Small-Medium Businesses (SMEs) with access to an intelligent financial control center. SMEs can register and receive access to a variety of products and tools with no establishment fees and does not affect your credit score. Through their smart platform, SMEs receive personalized and continuously updated features and products.

Pros

Fast registration with immediate access to a variety of products
No minimum credit score required

Cons

Doesn't cover bad credit
$180,000+ annual revenue requirement

Plexe at a glance

4.0

Editorial score

Online experience

Online application but no learning resources

3.0

Customer services and support

Multiple ways of reaching lender, wide range of hours

4.0

Variety of loan types

Offers multiple loan types

3.0

Loan amount range

Loan amount $500K+

5.0

Eligibility

Loans available to most credit types, revenue levels, and businesses

5.0

Plexe Visit Site

Overview

Plexe offers a financial super app that delivers innovative products and tools to streamline and empower the success of small-medium businesses. This lender is unique, with products that adapt in real time to the changing requirements of a business incorporating modern lending solutions, digital smart credit cards and more.

One of the many stand out features of the super app is the simple and fast connection process delivering a variety of immediate product options to use as and when needed.

Why Plexe Is Good for Your Business

Plexe’s super app offers a variety of critical products designed to empower all financial aspects of a business in real time. Product options are made available within minutes with no obligation to proceed.

Loan Features

Plexe’s modern lending platform encompasses a single revolving line that includes all the benefits of traditional lending facilities such as overdrafts, term loans, receivables, and invoice finance into one simplified solution.

The smart technology provides continuously updated products, individualized pricing, repayment terms and limits as your business evolves without the need to ever reapply. You can also select from a variety of repayment options with no lock in, enabling you to change the repayment terms at any time.

The solution is designed to simplify administration, with automated feeds available directly into accounting software.

Other features in the lending platform include:

Free to register
Flat fee calculated as a percentage of the repayment
Draw what you need when you need it and only pay for what you use
Funds are processed through ACH same day

Application Process

The registration process is completed in minutes. Simply register and verify your information.

How Much Can You Borrow?

Limits vary from $10,000 to $1,000,000 and may increase based on your business performance.

Repayment Terms

Plexe offers a variety of repayment options and terms that are personalized to your business cash flow. To keep pricing fair and competitive, the fee is based on the performance of the business. Plexe has removed complex fee structures and charges one fee as a percentage of the repayment you make.

How Safe Is It?

Data is transferred using industry standard 256-bit TLS encryption technology and all data is stored in US data centers.

Help & Support

Plexe offers support by phone, email, and live chat 5 days a week, Monday to Friday 8am to 8 pm ET.

Phone: Toll Free 855- 230-7755

Email: support@plexe.co

Summary

Plexe offers a financial super app that delivers innovative products and tools to empower the success of your small-medium business. Their variety of products come with individualized pricing, flexible repayment options, fast registration, and no minimum credit score requirement.

Physical Address

Plexe LLC,

6295 Greenwood Plaza Blvd, Suite 100,

Greenwood Village,

CO 80111

Plexe Visit Site

Written by

Michael Graw

Michael Graw is a Bellingham, Washington-based writer focusing on finance, tech, and science. His work has been featured in print magazines and high-impact websites. He writes for BestMoney and enjoys helping readers make sense of the options on the market.‎

Trustpilot reviews

See what some costumers are saying about Plexe

Excellent

•

Reviews 25

Excellent

92%

Great

mansij bhan

2 years ago

I have expanded my business

I have expanded my business And I needed extra working capital liquidity for adding new customers. So I just called Plexe and did all the formalities and within 24 hours I was approved a working capital limit. This is amazing for small businesses especially in the thought times of Pandemic

shea

2 years ago

Excellent Company and Service

Ive been dealing with Ryan and the Plexe Customer team for over two years and their support and service is second to none. Working with Plexe has allowed my business to continually expand. I have no hesitation in recommending them to anyone looking for an easy finance solution for their business.

illia sotiropoulos

2 years ago

Ryan was absolutely a pleasure to work…

Ryan was absolutely a pleasure to work with. He was very accommodating in understanding our needs and business wants while also explaining how he could assist.

adam heselton

2 years ago

Ryan was an absolute pleasure to deal…

Ryan was an absolute pleasure to deal with. He was on the phone the second there was any update. He has really made me feel confident in dealing with Plexe and along with their easy to use platform and upfront no hidden fees I have chosen to use them over other offers that were available to me

steven p

2 years ago

I was dealing with Ryan Raymond of…

I was dealing with Ryan Raymond of plexe , and found him very good to deal with. In regards to any matter that i was interested or concerned about .Would always make sure that i was was up to speed with every thing going on .

steve melchionna

2 years ago

Easygoing and helpful solutions

Easygoing and helpful solutions. Thanks Ryan and team at plex. Service was easy to understand and made my life less stressful. Highly recommend to others.

total man

2 years ago

Ryan and the team at Plexe are amazing!

It's one thing to go through the motions of applying for a business loan that could be the building factor of your business but it's another thing all together when you speak to someone that actually listens and sounds like they care. Regardless, Ryan and the team at Plexe are great, easy to deal with, and very prompt with a super fast turn around. Ryan seems to get back to you no matter what the time.

chris

2 years ago

Great Help

Great Help! Thanks Guys!

matthew nikolai stanley

2 years ago

Can’t speak more highly of Plexe. Phenomenal funding solution.

I can’t speak highly enough of Ryan and the team from Plexe. They have an absolutely incredible solution, and were able to quickly help our business access the capital we need to grow. Ryan took the time to thoroughly understand our business, and showed genuine interest in our growth story. Plexe was then able to provide us with a funding offer tailored perfectly to our needs. If you are a small to medium size business owner looking for a funding partner, then look no further than Plexe.

customer

3 years ago

Easy to deal with

Very Helpful and simple process. Straight forward and clear funding options.

glenn ayres

3 years ago

Great platform easy to use Ryan is very…

Great platform easy to use Ryan is very helpful and always there to help day/night.

adrian grasso

3 years ago

The whole experience was really helpful…

The whole experience was really helpful and easy, it was such a relief to find a company that actually cares to help!

claudine yang

3 years ago

Would highly recommend talking to Ryan…

Would highly recommend talking to Ryan at Plexe, he went above and beyond to help us and made the whole process very simple. His service and advice were perfect! Very quick, easy, and great rates. Thanks Ryan!

michael

3 years ago

Fast, easy, fair price.

I needed some quick access to cashflow, as I got some larger orders than usual from customers. My bank told me overdraft application time to actually access funds would be 6 weeks. And they needed a mountain of paperwork to boot. Plexe sorted me out quickly and at a reasonable cost for the cashflow finance.

rod

3 years ago

Great service

Great service, very helpful advise

kuda

3 years ago

Seamless and fast service

Seamless fast service from the point of submitting the application to approval. The customer service experience provided by Ryan Raymond was efficient and helpful. He took the time to understand our business and provided the options that would suit our stage of operations. Happy with the experience and result from the process

neil

3 years ago

Great service and understanding my our…

Great service and understanding my our needs.

gai

3 years ago

Great people to deal with 100%…

Great people to deal with 100% recommended

tammy

3 years ago

The Team at Plexe are Brillant and are…

The Team at Plexe are Brillant and are always friendly and helpful.

peter

3 years ago

Plexe are the answer

Plexe are an excellent company to work with Really helpful and the future of SME cash flow funding Well done Plexe to Ryan and the team

brad

3 years ago

I couldn’t recommend Plexe enough.

I couldn’t recommend Plexe enough. We are a fairly new business and have been lucky enough to be able to expand much quicker than we ever dreamed. We needed help to find this expansion but had been let down by the banks and other lenders to the point of not even being contacted back once we started the process. All of the above couldn’t have been more different with Plexe, from the moment we made contact we had help every step of the way from Ryan and the fact that the facility is based off what your business actually does and is was perfect for us. The whole process from start to funds being available was very short and the application process using your accounting software is so easy. Once again if you’re looking for business finance these are the guys.

muditha

3 years ago

Could be better in giving proper…

Could be better in giving proper instruction when instructed to action emails.

marie

3 years ago

I thank you for all your help

I thank you for all your help, the process has been very pain free and simple, with excellent results, great communication with your super supreme customer service. thank you Marie

hiliary

4 years ago

Great team

Great team! who show genuine interest in building a relationship with you and your business.

cameron

4 years ago

Great communication

Great communication, prompt service