VR Business Capital becomes a partner in various businesses, attempts to grow them and then sell them.
Daniela Stanciu, general manager of Sfera Credit, said applicants can get online the amounts of money they need without having to draw up paperwork that only prolongs the process. Also, the refund periods are way shorter.
Victor Angelescu, the co-founder and managing partner of VR Business Capital, had run between 2018 and 2021 the operations of APS Romania, a debt recovery company headquartered in the Czech Republic. In 2022, Angelescu decided to forgo the position held in order to focus on football club FC Rapid Bucuresti, being one of its shareholders.