Mimo Flex
Mimo Flex
Grow now. Pay suppliers later.
Access flexible financing to fund your business growth. No monthly interest, no fees on unused funds, no personal guarantees.
Capital that grows with you
Capital that grows with you
Affordable financing
£1m
Access £5k - £1m in flexible credit, directly from your Mimo dashboard.
Affordable financing
£1m
Access £5k - £1m in flexible credit, directly from your Mimo dashboard.
Affordable financing
£1m
Access £5k - £1m in flexible credit, directly from your Mimo dashboard.
Flexible terms
90d
Flexible repayment terms from 30 to 90 days. You choose what works best.
Flexible terms
90d
Flexible repayment terms from 30 to 90 days. You choose what works best.
Flexible terms
90d
Flexible repayment terms from 30 to 90 days. You choose what works best.
Fast turnaround
24h
Apply in minutes, get a response within 24–48 hours. No commitment, no fees.
Fast turnaround
24h
Apply in minutes, get a response within 24–48 hours. No commitment, no fees.
Fast turnaround
24h
Apply in minutes, get a response within 24–48 hours. No commitment, no fees.
Trusted by UK based businesses, Accountants & Bookkeepers
01
Apply in minutes
Tell us about your business and how much financing you need. We'll use your performance data to personalise an offer.
01
Apply in minutes
Tell us about your business and how much financing you need. We'll use your performance data to personalise an offer.
01
Apply in minutes
Tell us about your business and how much financing you need. We'll use your performance data to personalise an offer.
02
Get a response in hours
Receive an offer and set up your Mimo account. Once approved, funds can reach your account in as little as 24 hours.
02
Get a response in hours
Receive an offer and set up your Mimo account. Once approved, funds can reach your account in as little as 24 hours.
02
Get a response in hours
Receive an offer and set up your Mimo account. Once approved, funds can reach your account in as little as 24 hours.
03
Use Flex for any payment
Put your capital to work instantly. Use Flex to pay suppliers or cover expenses in one click, right from your Mimo dashboard.
03
Use Flex for any payment
Put your capital to work instantly. Use Flex to pay suppliers or cover expenses in one click, right from your Mimo dashboard.
03
Use Flex for any payment
Put your capital to work instantly. Use Flex to pay suppliers or cover expenses in one click, right from your Mimo dashboard.
04
Smooth your cash flow
We pay your supplier, and you repay by direct debit at the end of the term. Your credit resets automatically and is ready to use again.
04
Smooth your cash flow
We pay your supplier, and you repay by direct debit at the end of the term. Your credit resets automatically and is ready to use again.
04
Smooth your cash flow
We pay your supplier, and you repay by direct debit at the end of the term. Your credit resets automatically and is ready to use again.
Fast & flexible funding
Apply in minutes
Apply in minutes
Funds available within days
Funds available within days
No personal guarantees
No personal guarantees
Only pay for what you use
Only pay for what you use
Payments automatically reconciled
Payments automatically reconciled
Trusted by leading UK brands
"Flexible funding and automated pay runs help Magic AI scale its AI fitness revolution efficiently."
Varun Bhanot, CEO & Co-founder, Magic AI
"We’re saving 1.5 hours a week on payments alone, cutting the weekly process from 2 hours to 30 minutes, including payroll at month-end."
Jimmy Long, Head of Finance
"We use Mimo Flex to improve our cash conversion cycle. It’s a great resource to have for any FMCG brand."
Amy Moring, Co-Founder & CEO at Hunter & Gather
"We primarily use Mimo to increase efficiency and streamline financial operations. It provides better visibility into upcoming payments, automates transactions and processes batch payments."
Mikala Skov, Co-founder, Marleybones
"Better Nature's co-founder and co-CEO Chris Kong shares the key takeaways that enabled the plant-based food startup to sustainably scale during a period of rapid growth."
Christopher Kong, Co-founder, Better Nature Tempeh
"With Mimo, I can do batch payments in any currency, and access working capital all in one place. Historically, I had to manage this across three tools - I save a lot of time."
Jeremy May, Co-founder at Nice Drinks
Trusted by leading UK brands
"Flexible funding and automated pay runs help Magic AI scale its AI fitness revolution efficiently."
Varun Bhanot, CEO & Co-founder, Magic AI
"We’re saving 1.5 hours a week on payments alone, cutting the weekly process from 2 hours to 30 minutes, including payroll at month-end."
Jimmy Long, Head of Finance
"We use Mimo Flex to improve our cash conversion cycle. It’s a great resource to have for any FMCG brand."
Amy Moring, Co-Founder & CEO at Hunter & Gather
"We primarily use Mimo to increase efficiency and streamline financial operations. It provides better visibility into upcoming payments, automates transactions and processes batch payments."
Mikala Skov, Co-founder, Marleybones
"Better Nature's co-founder and co-CEO Chris Kong shares the key takeaways that enabled the plant-based food startup to sustainably scale during a period of rapid growth."
Christopher Kong, Co-founder, Better Nature Tempeh
"With Mimo, I can do batch payments in any currency, and access working capital all in one place. Historically, I had to manage this across three tools - I save a lot of time."
Jeremy May, Co-founder at Nice Drinks
Trusted by leading UK brands
"We’re saving 1.5 hours a week on payments alone, cutting the weekly process from 2 hours to 30 minutes, including payroll at month-end."
Jimmy Long, Head of Finance
"As a business owner, knowing that you're not just dependent on immediate cash that has to hit the bank account each month gives you more freedom to operate and a lot less stress"
Bill Cogan, Founder, Seven Legal
"We primarily use Mimo to increase efficiency and streamline financial operations. It provides better visibility into upcoming payments, automates transactions and processes batch payments."
Mikala Skov, Co-founder, Marleybones
Trusted by leading UK brands
"Flexible funding and automated pay runs help Magic AI scale its AI fitness revolution efficiently."
Varun Bhanot, CEO & Co-founder, Magic AI
"We’re saving 1.5 hours a week on payments alone, cutting the weekly process from 2 hours to 30 minutes, including payroll at month-end."
Jimmy Long, Head of Finance
"We use Mimo Flex to improve our cash conversion cycle. It’s a great resource to have for any FMCG brand."
Amy Moring, Co-Founder & CEO at Hunter & Gather
"We primarily use Mimo to increase efficiency and streamline financial operations. It provides better visibility into upcoming payments, automates transactions and processes batch payments."
Mikala Skov, Co-founder, Marleybones
"Better Nature's co-founder and co-CEO Chris Kong shares the key takeaways that enabled the plant-based food startup to sustainably scale during a period of rapid growth."
Christopher Kong, Co-founder, Better Nature Tempeh
"With Mimo, I can do batch payments in any currency, and access working capital all in one place. Historically, I had to manage this across three tools - I save a lot of time."
Jeremy May, Co-founder at Nice Drinks
Keep more capital,
pay less in fees.
Borrow what you need. Pay once, only for what you've used. No monthly interest, no charges on unused funds, no personal guarantees.
Mimo Flex
Keep the total amount you've borrowed for up to 90 days and repay once at the end. That means better use of your funds and a lower total cost compared to alternatives.
Usage
Full amount available through revolving facility
Repayments
One repayment
Pricing
Pay only for what you use
Bookkeeping
Automatically reconciled
Monthly fee
1.8%*
Effective APR
21.60%*
Other alternatives
Installment-based loans
Invoice finance
Usage
Reduces as repayments begin after 1 month
Repayments
Fixed monthly repayments
Pricing
Interest charged on full loan
Bookkeeping
Manual reconciliation required
Monthly fee
1.5%*
Effective APR
26.80%*
Mimo Flex
Keep the total amount you've borrowed for up to 90 days and repay once at the end. That means better use of your funds and a lower total cost compared to alternatives.
Usage
Full amount available through revolving facility
Repayments
One repayment
Pricing
Pay only for what you use
Bookkeeping
Automatically reconciled
Monthly fee
1.8%*
Effective APR
21.60%*
Other alternatives
Installment-based loans
Invoice finance
Usage
Reduces as repayments begin after 1 month
Repayments
Fixed monthly repayments
Pricing
Interest charged on full loan
Bookkeeping
Manual reconciliation required
Monthly fee
1.5%*
Effective APR
26.80%*
Mimo Flex
Keep the total amount you've borrowed for up to 90 days and repay once at the end. That means better use of your funds and a lower total cost compared to alternatives.
Usage
Full amount available through revolving facility
Repayments
One repayment
Pricing
Pay only for what you use
Bookkeeping
Automatically reconciled
Monthly fee
1.8%*
Effective APR
21.60%*
Other alternatives
Installment-based loans
Invoice finance
Usage
Reduces as repayments begin after 1 month
Repayments
Fixed monthly repayments
Pricing
Interest charged on full loan
Bookkeeping
Manual reconciliation required
Monthly fee
1.5%*
Effective APR
26.80%*
* Example rates, real rates vary
Don't just take our word for it
Trusted by leading UK firms
Trusted by leading UK firms
Trusted by leading UK firms
Mimo really tries to tackle one of the most crucial B2B challenges of our time — the good, the bad and the ugly of cashflow management. With my customers & suppliers using it, we can trade more flexibly and easily.
Newcomer Wines
Peter Honegger, Co-founder
Mimo really tries to tackle one of the most crucial B2B challenges of our time — the good, the bad and the ugly of cashflow management. With my customers & suppliers using it, we can trade more flexibly and easily.
Newcomer Wines
Peter Honegger, Co-founder
Mimo really tries to tackle one of the most crucial B2B challenges of our time — the good, the bad and the ugly of cashflow management. With my customers & suppliers using it, we can trade more flexibly and easily.
Newcomer Wines
Peter Honegger, Co-founder
Paying supplier invoices is time consuming! With Mimo, we’re looking at significant time savings, while controlling our cashflow with the built-in credit line. We’re excited to work with Mimo!
Days Brewing
Rob Johns, Finance Director
Paying supplier invoices is time consuming! With Mimo, we’re looking at significant time savings, while controlling our cashflow with the built-in credit line. We’re excited to work with Mimo!
Days Brewing
Rob Johns, Finance Director
Paying supplier invoices is time consuming! With Mimo, we’re looking at significant time savings, while controlling our cashflow with the built-in credit line. We’re excited to work with Mimo!
Days Brewing
Rob Johns, Finance Director
Surreal is growing fast and Mimo has been crucial to save time on financial admin and improve working capital. With this, we have accelerated our partnerships with some of the UKs largest retailers.
Surreal
Ruth Ball, Financial Controller
Surreal is growing fast and Mimo has been crucial to save time on financial admin and improve working capital. With this, we have accelerated our partnerships with some of the UKs largest retailers.
Surreal
Ruth Ball, Financial Controller
Surreal is growing fast and Mimo has been crucial to save time on financial admin and improve working capital. With this, we have accelerated our partnerships with some of the UKs largest retailers.
Surreal
Ruth Ball, Financial Controller
With Mimo, we have been able to save time, move fast and reduce cashflow drag when scaling. This has been particularly valuable when launching our new partnership with Tesco!
Better Nature
Chris Kong, Co-founder
With Mimo, we have been able to save time, move fast and reduce cashflow drag when scaling. This has been particularly valuable when launching our new partnership with Tesco!
Better Nature
Chris Kong, Co-founder
With Mimo, we have been able to save time, move fast and reduce cashflow drag when scaling. This has been particularly valuable when launching our new partnership with Tesco!
Better Nature
Chris Kong, Co-founder
My business naturally sees some seasonality, and Mimo gives me the tools to stay in control over time. It also saves me time, so I can focus on running my business rather than financial admin and fundraising.
Provisions
Hugo Meyer Esquerré, Founder
My business naturally sees some seasonality, and Mimo gives me the tools to stay in control over time. It also saves me time, so I can focus on running my business rather than financial admin and fundraising.
Provisions
Hugo Meyer Esquerré, Founder
My business naturally sees some seasonality, and Mimo gives me the tools to stay in control over time. It also saves me time, so I can focus on running my business rather than financial admin and fundraising.
Provisions
Hugo Meyer Esquerré, Founder
Mimo allows for simple and effective approval flows to collaborate within the finance team. We process supplier invoices and payroll payouts easily, which allows optimisation of payment runs and our cash flow. We love Mimo!
Misfits Health
James Cooper, Senior Finance Manager
Mimo allows for simple and effective approval flows to collaborate within the finance team. We process supplier invoices and payroll payouts easily, which allows optimisation of payment runs and our cash flow. We love Mimo!
Misfits Health
James Cooper, Senior Finance Manager
Mimo allows for simple and effective approval flows to collaborate within the finance team. We process supplier invoices and payroll payouts easily, which allows optimisation of payment runs and our cash flow. We love Mimo!
Misfits Health
James Cooper, Senior Finance Manager
By pioneering new technologies and maintaining a market-leading position, Mimo consistently pushes the boundaries of what accounting software can achieve.
IT & Accounting Solutions
Marcel Jung, Owner
By pioneering new technologies and maintaining a market-leading position, Mimo consistently pushes the boundaries of what accounting software can achieve.
IT & Accounting Solutions
Marcel Jung, Owner
By pioneering new technologies and maintaining a market-leading position, Mimo consistently pushes the boundaries of what accounting software can achieve.
IT & Accounting Solutions
Marcel Jung, Owner
5.0 of 5
5.0 of 5
5.0 of 5
Rating based on verified user reviews from the Xero app store.
Frequently asked questions
Who is eligible for Flex?
Flex is designed for businesses with cash flow gaps (for example, those that pay for products or services before getting paid) and have £120k–£25m+ in annual turnover, with at least £10k in monthly revenue, and 1+ year of trading history may be eligible. Apply to see your credit offer and pricing.
Who is eligible for Flex?
Flex is designed for businesses with cash flow gaps (for example, those that pay for products or services before getting paid) and have £120k–£25m+ in annual turnover, with at least £10k in monthly revenue, and 1+ year of trading history may be eligible. Apply to see your credit offer and pricing.
Who is eligible for Flex?
Flex is designed for businesses with cash flow gaps (for example, those that pay for products or services before getting paid) and have £120k–£25m+ in annual turnover, with at least £10k in monthly revenue, and 1+ year of trading history may be eligible. Apply to see your credit offer and pricing.
What does Flex cost?
What does Flex cost?
What does Flex cost?
What is Mimo?
What is Mimo?
What is Mimo?