Butn Limited (ASX:BTN)
Butn Limited (Butn) is an Australia-based company that provides transactional funding to small and medium enterprises (SME). Butn focuses on funding SME businesses through their working capital constraints by financing individual transactions, leveraging the end debtor’s credit. In addition, the Company has developed a financial technology solution to extend its funding approach and leverage reach through third party platforms. The Company's products include Butn Pay, Butn Now, Butn X, and Butn Plus. Butn Pay offers buy now pay later services for business. Butn Now helps businesses to claim their commissions in an instant. Butn X enables advanced invoice payments. Butn Plus gives businesses the means to secure business loans up to $600,000. The Company also provides Butn Assist services for business, which gives businesses access to 24/7 roadside assistance and access to Butn’s network of panel shops Australia-wide.