Economy10:21 · 17m ago

B24 Launches Zero-Interest Credit Line to Ease Cash Flow for Israeli Small Businesses

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

Many Israeli small business owners face severe cash flow problems despite running profitable operations, as over 70% report liquidity issues and difficulty accessing credit. This is largely due to banks trapping funds in overdraft limits, leaving no operational margin. To address this, B24 has introduced a new financial platform offering an alternative credit layer outside traditional bank overdraft limits, providing immediate access to funds with zero interest and no fees.

B24’s Business Club offers a safety net credit line at 0% interest and no cost for the first 24 months, allowing businesses to manage urgent cash needs without bank interference. The platform also enables businesses to split large tax and utility payments into two installments without interest or fees for up to 48 months. Additionally, B24 provides instant cash advances on payment settlements with zero advance fees and zero discount rates, delivering funds digitally within minutes.

The entire process is fully digital and quick, with initial credit limits set within two minutes and funds accessible in about three minutes via a digital wallet compatible with Apple Pay and Google Pay. Users will also receive a dedicated credit card by free delivery. Credit limits can increase up to 20,000 shekels or more within the first two weeks, all without hidden terms or obligations.

B24 positions itself as a practical solution for Israeli self-employed individuals and small business owners who want to avoid high bank interest rates and regain financial breathing room. The platform urges business owners to register promptly to secure this zero-interest credit framework and improve their cash flow management.

Read the original at Kikar HaShabbat
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