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
Recent funding
Equity
Sep 2018
$7M
Equity
May 2015
$2M