Meet the 2022 Exchange grantee partnerships improving finhealth through access to public and private benefits. Learn More

Cherry Installments (formerly Mason Finance)

Cherry Installments (formerly Mason Finance) offers installment loans to direct-to-consumer businesses, enabling them to smooth their cash flows.

ABOUT

Cherry Installments, previously Mason Finance, offers installment loans to direct-to-consumer businesses.


CHALLENGE 

Small businesses need reliable cash flow to keep operating, but customer financing options limit sales and available cash, forcing the business to carry all the risk when financing.


SOLUTION

Cherry provides a simple way for businesses to offer financing to their customers. Through Cherry, businesses can:

  • Grow sales by offering additional payment options that meet customer needs.
  • Eliminate risk by being paid upfront and in full.
  • Approve customers through an easy-to-use mobile application.


FINANCIAL HEALTH FOCUS

Managing cash flow is often the biggest hurdle to small business financial health. With easy financing options for small business customers, Cherry smooths cash flow and builds sales. 

What They Do

Offers installment loans to direct-to-consumer businesses

Fintech Focus

Lending

Team Members

Felix Steinmeyer
Felix Steinmeyer
Co-Founder, CEO
Charles Mourani
Charles Mourani
Co-Founder

Year

2018

Location

San Francisco, CA

Status

Exited

Stay Connected

Sign up to receive updates on the Financial Solutions Lab, companies, and more.