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Setscale provides purchase order financing to help businesses pay suppliers and cover inventory costs.
Founded in 2021 by Daniel Fine, Setscale provides purchase order financing to businesses in consumer products, e-commerce, health and wellness, medical, and manufacturing. It pays suppliers for existing customer orders to help cover materials, inventory, and other operating costs. The company serves clients in Miami and New York. In May 2023, it raised USD 70 million in venture debt to deploy capital to partners and financial product purchases from credit-worthy end buyers.
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