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Funding Options

71-75 Shelton St, London, WC2H 9JQ, United Kingdom

Overview

Funding Options provides advisory and brokering services to UK companies seeking business finance, introducing applicants to lenders and providers rather than issuing loans itself. The company may receive a commission or finder’s fee for effecting introductions. Led by Founder and CEO Conrad Ford, Funding Options has helped customers secure peer-to-peer loans, invoice finance, growth funding, equipment leases and commercial mortgages. It operates in the UK and the Netherlands and is expanding into a few other places in Europe. The firm intends to use new capital to continue expanding the team and improving its service across those markets. Its current financial update in the article is the receipt of a £5m minority investment from ING Ventures. Funding Options, led by founder and CEO Conrad Ford, operates a proprietary online platform that scans the alternative finance market to identify suitable lending and finance products for SMEs. The company works directly with business clients as well as their professional advisors. Its core product is a marketplace/search technology that aggregates alternative finance options for small and medium-sized enterprises. Funding Options is based in Manchester and is in the portfolio of The North West Fund for Digital & Creative. The business positions itself as an intermediary/credit broker connecting SMEs to alternative finance providers. The article does not disclose revenue, users, or other operating metrics.

Total raised
$10M
Funding rounds
3
Latest round
Equity
Latest activity
Sep 2018

Industries

  • B2B
  • Banking
  • Commercial Lending
  • Financial Services
  • FinTech
  • Information Technology
  • Lending
  • Marketplace
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Recent funding

  1. Equity

    Sep 2018

    $7M

  2. Equity

    May 2015

    $2M

Team