Full Loan Amount
Funded by Backers
Funded by Able
Woom Bikes builds high quality and light weight bikes for children of all ages. Originally founded in Vienna, Austria by two brothers, Woom Bikes has been operating in the US for over two years. During that time, Woom has established an extremely strong fan base that has caused them to grow rapidly.
In order to keep up with the demand for their bikes, Woom partnered with Able to secure financing that would allow them to purchase inventory for Holiday 2016 and the new year. Woom is on track to become a dominant brand in cycling and Able is proud to be part of their story.
Able was there when I needed capital quickly for inventory. Demand for our Woom bikes exceeded our wildest expectations and I needed more capital quickly to support our fast growing business. The process with Able was simple, easy and fast. Only a few days after having my first meeting, I was able to complete all documentation online and submit my funding request all online. The approval process took less than two weeks! The support team was also very helpful and always available to answer questions and address any concerns or issues. The entire process was very smooth.