The company operates as a direct lender in the UK, the Netherlands, Spain, Australia and New Zealand, providing businesses with access to flexible finance through its online application, which can be completed in as little as five minutes. Spotcap uses a proprietary credit algorithm to offer deep insight into the financial condition of a business, enabling organizations to avail of loans in a hassle-free manner. Founded in 2014, the company has since partnered with financial institutions to offer an end-to-end business lending platform with proprietary document recognition and risk assessment algorithms.