On average, the typical Karmen client borrows €200,000 with a six-month term. But there’s a wide diversity of financing options. The smallest customers generate only €300,000 in annual turnover (those are most likely one-person businesses), while Karmen’s largest customer generates €160 million in revenue per year.
More importantly, Karmen says it has attracted some loyal customers, claiming that 80% of its customers contact Karmen several times per year to unlock a new debt line. Clients include Maison Kitsuné, Balibaris, Les Raffineurs and Almé.