Fundably provides UK businesses with instant, tailored matches to suitable business loan providers ranging from £1k to £2m. The platform streamlines the finance application process by offering bespoke matches and immediate feedback based on connected business data. This service helps SMEs efficiently secure the appropriate credit facilities needed for growth.
Funding
$4.4M 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.
AIFGFTBFounders
Product
Problem
Securing appropriate business funding can be a complex and time-consuming process for UK SMEs, often requiring extensive research and multiple applications to various lenders. Many SMEs lack the resources or expertise to navigate the diverse range of financing options available, leading to missed opportunities or unfavorable loan terms.
Solution
Fundably is a platform designed to streamline the process of connecting UK SMEs with suitable business funding options. By using a single, standardized application, businesses can access a network of lenders offering loans and other credit products ranging from £1,000 to £2 million. The platform employs data analysis and matching algorithms to identify the most relevant funding providers for each business based on their specific needs and financial profile. Fundably also provides applicants with tailored feedback on their loan applications, increasing their chances of securing the necessary capital.
Target Audience
Fundably primarily targets UK-based small and medium-sized enterprises (SMEs) seeking business loans, working capital, or other forms of financing to support their growth and operations.
Features
- Single application form for accessing multiple lenders.
- Matching algorithm to identify suitable funding providers based on business needs.
- Access to a network of over 30 leading UK business lenders.
- Offers a range of financial products including business loans, green finance, working capital, and asset finance.
- Personalised feedback on loan applications to improve approval rates.
- Data connectivity to streamline the application process.
- Options for R&D tax credit advances and video games tax relief advances.