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Full coverage· Economy· Updated

B24 Launches Interest-Free Credit Platform to Help Israeli Small Business Owners Escape Bank Overdraft Traps

B24, a new Israeli financial platform, offers small business owners interest-free credit outside traditional bank overdrafts to ease cash flow problems. It provides emergency credit lines, installment payment options for taxes and utilities, and instant cash advances with no fees.

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B24 Launches Interest-Free Credit Platform to Help Israeli Small Business Owners Escape Bank Overdraft Traps
Illustration by baba

What happened

  1. 01Over 70% of Israeli small business owners face liquidity issues despite profitable operations.
  2. 02B24 offers a zero-interest emergency credit line for 24 months, outside bank overdrafts.
  3. 03Users can split tax and utility payments into two interest-free installments for 48 months.
  4. 04Instant cash advances on payment settlements are available with zero fees and interest.
  5. 05The platform is fully digital, providing funds within minutes and a free dedicated credit card.
  6. 06B24 aims to give small businesses financial breathing room beyond costly bank credit lines.

The fully digital setup allows quick access to funds, helping businesses avoid costly bank credit traps.

Translated and summarized by baba from Srugim, the latest report. Read Srugim’s original

The coverage

2 newsrooms on this story

Who covered it

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  • Right1
  • Haredi1
  • ArabNone

How it broke

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