How a Berlin iPhone Store Nearly Doubled Its Revenue

E-Commerce
Retail
Sofortfinanzierung

Refurbished with responsibility: itmops

itmops is a Berlin-based company that refurbishes used Apple products. Since 2013, founder Uwe Göpel and his team, together with their pug “Hugo”, have been putting high-quality iPhones and iPads back on the market: tested, cleaned, and sold with a warranty. By focusing on quality and sustainability, itmops combines environmental awareness with smart business thinking, offering a strong alternative to buying new.

“We give used devices a second life and our customers a sustainable alternative. This shows that technology doesn’t always have to be newly produced to be reliable.”
Uwe Göpel
CEO, itmops
The Challenge

When a business partner from the system catering industry suddenly requested a three-digit number of iPads, the technical side was no problem for itmops. The devices were available, and the know-how was there. The real hurdle: pre-financing.

With capital-intensive products like Apple devices, high costs arise long before revenue is realized. Traditional banks were not an option due to long processing times and bureaucratic procedures. The liquidity limit had been reached, a situation itmops was already familiar with from past experiences.

“The procurement was never the problem, it was the financing. Everything has to be paid upfront, and that’s exactly where we kept hitting our limits.”

Uwe Göpel
CEO, itmops
The Result with Banxware
+100% revenue in one year

In search of a fast and hassle-free financing solution, itmops came across Banxware’s Sofortfinanzierung. The entire application was completed digitally within just a few minutes, without paperwork or collateral.

With the capital provided, a major order from the system catering sector could be fulfilled immediately. At the same time, itmops used the financing to expand its product range and take on additional large-scale customer projects.

And the results speak for themselves: within the first year after financing, the company nearly doubled its revenue and gained the freedom to respond flexibly to new business opportunities.

Founder Uwe Göpel sums it up: “It was a great feeling to finally be able to say to our business partners: What do you need? We can make it happen now. This sense of security and freedom to act gave us tremendous momentum. Not just for individual projects, but for the growth of the entire company.”
Why Banxware?
1
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2
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