Funding Xchange & Enterprise Nation launch Business Finance Hub to support small businesses and start-ups

By Megha Bhattacharya

Funding Xchange and Enterprise Nation have teamed up to support small businesses and start-ups with financial support. The partnership will provide users with access to free online resources, a tool to help businesses identify and access funding solutions, and connections to advisers. The launch of the ‘Enterprise Nation Finance Hub’ offers businesses instant access to finance options.

According to the companies, the new digital lending tool will also help businesses to understand the full range of funding solutions open to them. The secure application process takes under five minutes with types of finance available presented back immediately.

Emma Jones, founder of Enterprise Nation said, “Getting access to alternative sources of funding can be complicated and time-consuming, two things small business owners do not have the time for. Our new Finance Hub, powered by Funding Xchange, will dramatically improve that process by delivering relevant and instant funding options to the screens and inboxes of thousands of small businesses looking for solid finance solutions. If 2020 has taught us anything, it is that seeking the right finance at the right moment can be life changing for any business and combining finance with good support is a vital way to grow a business.”

Funding Xchange stated that the firms looking to assess their range of finance options in one place can also benefit from business support, business-building e-learning tools, and crucially, Enterprise Nation’s network of 10,000 advisers.

Recently, Funding Xchange announced the appointment of various advisors to its board in the light of its upcoming launch of Credit-as-a-Service proposition for banks and lenders. The newly formed advisory committee is expected to offer guidance and facilitate the delivery of the proposal to lenders. The advisory board comprises of Simon Featherstone, Philip George, John Allbrook and Paul Hewitt.

Katrin Herrling, CEO of Funding Xchange said, “Businesses have shown huge resilience over the last year. As we are continuing to navigate unchartered territory, access to sustainable, affordable funding solutions is critical to give businesses the flexibility to adjust and respond to challenges. For many businesses, this funding gap is filled by a cohort of excellent alternative lenders. But businesses struggle to know where to look for the alternatives, and the Enterprise Nation Finance Hub will address this by providing much-needed access to tools and advisers – as well as tailored finance solutions, making a huge difference to the growth ambitions of many thousands of small businesses.”