Fundably
About Fundably
Fundably provides a platform that matches UK SMEs with tailored business funding options through a streamlined application process that takes just five minutes. By connecting businesses to a network of lenders, Fundably enables access to loans ranging from £1,000 to £2 million while offering personalized feedback on loan applications without impacting credit scores.
```xml <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. </problem> <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. </solution> <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. </features> <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. </target_audience> <revenue_model> Fundably operates as a credit broker, receiving commissions from lenders when a business successfully secures funding through the platform; the commission varies depending on the lender, product, or other factors. </revenue_model> ```
What does Fundably do?
Fundably provides a platform that matches UK SMEs with tailored business funding options through a streamlined application process that takes just five minutes. By connecting businesses to a network of lenders, Fundably enables access to loans ranging from £1,000 to £2 million while offering personalized feedback on loan applications without impacting credit scores.
When was Fundably founded?
Fundably was founded in 2024.
Who founded Fundably?
Fundably was founded by Zak Nason-Giwa and Ioannis Begleris.
- Zak Nason-Giwa - CEO
- Ioannis Begleris - Co-Founder/CTO
- Founded
- 2024
- Employees
- 2 employees