Understanding Tupel’s credit eligibility ensures you know the basic company characteristics needed before registering.
Below is a breakdown of who we work with, our coverage areas, and the integrations that help streamline your application.
Who We Work With
We primarily serve registered businesses— from small corner shops to large enterprises. While our primary focus is on established business entities, we do consider sole traders subject to additional review.
Key Points
- Registered Businesses: Must be officially incorporated with relevant authorities.
- Sole Traders: Eligible on a case-by-case basis.
Why It Matters
- Legal structuring helps us understand your financial history and credit risk.
- Having a valid business presence can streamline the process.
Any Size, Any Industry
Tupel is designed to support organizations at various stages of growth, from small local shops to multinational enterprises.
Key Points
- Startups to Large Enterprises: We assess each business individually, factoring in revenue, operational history, and growth potential.
- Industry-Agnostic: We don’t limit ourselves to specific sectors; businesses from retail to tech can apply.
Why It Matters
- Smaller businesses may have lower credit limits initially, but these can grow over time with proven repayment history.
- Larger enterprises might qualify for higher limits but undergo a more thorough review.
Coverage Areas
Your company must be incorporated and active within our country coverage area. This ensures we can comply with local regulations and provide you with consistent service.
Key Points
- Location Requirements: Operations must be based or registered in a Tupel-supported region.
- Updates to Coverage: We frequently expand to new countries, so check our coverage page for the latest information.
Why It Matters
- Compliance with local laws: Each region has its own financial regulations we must adhere to.
- Straightforward onboarding: Being in a covered country speeds up verification and reduces hurdles.
Integrations
While bank connections and accounting integrations (e.g., QuickBooks, Xero) are not mandatory, they can streamline your credit application and drastically increase your credit limit.
Key Points
- Bank Connection: We verify financial health and transaction history through your linked bank account(s).
- Accounting Integration: Sharing P&L statements, invoices, and cash flow data can strengthen your application.
- Data Security: All sensitive information is encrypted and accessible only through secure channels.
Why It Matters
- Better Risk Assessment: More financial data translates to a clearer picture of your cash flow and creditworthiness.
- Faster Approvals: Automated checks on integrated accounts help speed up the underwriting process.
Disclaimer
The provision of a credit limit by Tupel is discretionary and for informational purposes only. It does not, in any way, obligate Tupel to extend or fund credit up to that limit in all or any circumstances.
Tupel always retains the final decision on whether to approve, reduce, increase, suspend, or decline any drawdown, regardless of the assigned limit.
Importantly, having a credit limit displayed in your account does not incur any cost or fee. Charges apply only if and when you actually use or draw credit under Tupel's product terms.