€15 million corporate loan refinancing · Business services
Everphone secures €15 million refinancing from Commerzbank and KfW
Everphone operates a managed service for workplace devices, from procurement and configuration through repair and returns.
A loan built around company credit
Everphone’s device-as-a-service platform manages procurement, configuration, deployment, repairs and returns for corporate phone, tablet and laptop fleets. Businesses use the service to equip employees without running each device lifecycle themselves.
Commerzbank and KfW are providing €15 million in corporate-loan refinancing. Everphone will use the facility to purchase new devices for customer leases. It said the loan is based on the company’s creditworthiness rather than being structured around individual device pools, and reduces its margin by 20 basis points.
Use of funds
Purchase workplace devices for long-term business rentals
Funding history
€15 million corporate loan refinancing · This round€15M