The startup provides short-term secured business loans tailored for various needs, including property acquisition, working capital, and construction. By offering quick access to financing, it enables businesses to maintain cash flow and support growth initiatives without lengthy approval processes.
Funding
$34.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
SMEs often face challenges in securing timely funding through traditional lending channels due to rigid criteria and lengthy approval processes. This can hinder their ability to capitalize on immediate growth opportunities or address urgent financial needs.
Solution
Fresh Thinking Capital (FTC) provides short to medium-term secured loans, offering SMEs rapid access to capital when traditional lending criteria are not met. FTC distinguishes itself by making credit decisions in-house, allowing for a more flexible and supportive lending approach. By understanding the nuances of each business and opportunity, FTC delivers tailored funding solutions, ranging from £100,000 to £2,000,000, with terms between 1 and 24 months. This enables businesses to maintain cash flow, pursue growth initiatives, and navigate special situations with greater agility.
Target Audience
FTC primarily serves SMEs and entrepreneurs seeking short to medium-term secured loans to support growth, acquisitions, working capital needs, and other business opportunities.
Features
- Secured lending approach with flexible security options, including assets both inside and outside the business
- In-house credit process for quick decision-making and streamlined funding
- Sector-agnostic lending, providing funding across diverse industries
- Loan amounts ranging from £100,000 to £2,000,000, with exceptions considered
- Loan terms ranging from 1 to 24 months, with potential for extensions based on evolving business needs
- Fast transaction times, with funding available within 5-10 business days of initial engagement