Nophin

Nophin

Nophin lets the modern landlord take control of their rental income. Learn more

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
% growth-13 %
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DateInvestorsAmountRound
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N/A

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N/A

Seed

N/A

Seed
Total Funding-

Recent News about Nophin

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Nophin is a forward-thinking financial service designed specifically for modern landlords and property investors. The company offers a unique solution that allows landlords to advance their annual rental income without incurring additional debt or giving up equity in their property. This service is particularly beneficial for landlords who need quick access to cash based on their property's operational history, bypassing the lengthy and costly process of traditional refinancing.

Nophin operates in the real estate financing market, targeting landlords and property investors who are looking for efficient ways to manage their rental income and property expenses. The platform provides a streamlined process where landlords can receive up to their annual rental income in as little as 24 hours, with no credit check required. This rapid access to funds can be crucial for landlords needing immediate liquidity for various purposes, such as property maintenance, new investments, or personal expenses.

The business model of Nophin is based on charging a fee for the cash advance service it provides. This fee is significantly lower than the interest costs associated with traditional refinancing options. For example, cashing out $25,000 from a 30-year mortgage could cost more than $15,000 in interest, whereas Nophin's fee for the same amount can be less than $2,500. This cost-effective approach makes Nophin an attractive alternative for landlords seeking financial flexibility without the burden of high interest rates or extensive paperwork.

In addition to providing cash advances, Nophin also offers tools to help landlords manage their rental properties more efficiently. These tools include expense management and performance insights, which help landlords keep their rental operations on autopilot and make informed decisions about their properties.

Overall, Nophin is revolutionizing property financing by offering a quick, low-cost alternative to traditional refinancing, tailored specifically for landlords and property investors.

Keywords: rental income advance, property financing, landlords, real estate investors, cash flow, no debt, no equity, quick access, expense management, performance insights.