A new collaboration between seven UK alternative business funders which aims to make borrowing easier for SMEs has been launched.
The web portal alternativebusinessfunding.co.uk will signpost SMEs to the most appropriate source of non-bank funding, while also helping the main banks in supporting rejected applicants. This involves each organisation “recycling” rejected applicants to the site to access other potential non-bank funding sources. The seven organisations includes Collectively, CrowdCube, Funding Circle, Market Invoice, Platform Black, Seedrs,…
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