Merchant Funding is pleased to announce that we are now working in collaboration with Alternative Business Funding.
Alternative Business Funding is an online portal designed to offer SMEs a free and easy way to find a suitable funding company. The portal offers a variety of funding choices to SMEs from short to long-term loans, equity crowd funding, trade finance, pension led funding, and cash advances. In fact, ABF’s funding associates cover over 70% of the alternative funding market.
SMEs can find a suitable funding product for their business, by answering a few simple questions. The portal works similar to traffic light system and eliminates certain funding products depending on answers about their business and funding requirements.
ABF announced that in 2015 an estimated 2,500 SMEs had successfully found funding through the portal and was estimated to pump approximately £2 billion of business funding into the SME economy.
We are delighted to be part of ABF. The Alternative Business Finance landscape is becoming an increasingly important funding channel for SMEs in the UK. As a business owner, I understand the importance of maintaining a healthy cash flow. Merchant Funding is a great product as it provides businesses with immediate funding and there are no limitations on how the money is spent.“
Managing Director, Merchant Funding
For further details on Merchant Cash Advances, how they work and whether this type of funding is suitable for your business, please visit www.merchantfunding.co.uk
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