Finance aggregator Funding Xchange has partnered with business support provider Enterprise Nation to launch a new business finance hub, offering support for small companies and start-ups.
The finance hub will provide businesses with instant access to the full range of funding solutions open to them.
Users can benefit from business support, access to free online resources, Enterprise Nation’s network of 10,000 advisers and a tool to help businesses identify and access funding solutions.
In the first quarter of 2021, a new financial e-learning tool will also be launched.
“Businesses have shown huge resilience over the last year,” said Katrin Herrling (pictured), chief executive of Funding Xchange.
“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.”
“Getting access to alternative sources of funding can be complicated and time-consuming, two things small business owners do not have the time for,” said Emma Jones, founder of Enterprise Nation.
“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.”
In August, Funding Xchange received approval for £5m through the government-backed Banking Competition Remedies fund to develop the finance portal for users of Enterprise Nation.