Business Loans UK: Smarter Business and Boost Capital Team Up

by | Apr 25, 2018

Business loans UK just got better as Boost Capital and Smarter Business have teamed up to support small businesses with the finance they need to grow.

Boost Capital is a leading small business financing platform in the UK. With our new partnership, Smarter Business now offers Boost Capital’s financial products to our customer base.

The partnership will add extra value to our cohort of over 40,000 businesses, allowing us to offer competitive business loans UK to our customers.

Alex Littner, Managing Director of Boost Capital, said: “This partnership highlights our commitment to, and our ease-of-use for, small businesses that are often time-poor. Our timely, flexible financing solutions are built with the busy small business owner in mind and seek to make the process as simple and accessible as possible.”

Ken Albon, Head of New Products at Smarter Business Group, said: “We’re delighted to add Boost Capital to our offering for small businesses. We believe the partnership really represents smart business for our customer base.’’

The news comes after Boost Capital’s recent rating as one of the industry’s top alternative business funding providers at the Business Moneyfacts Awards. Smarter Business also recently became the first Third Party Intermediary (TPI) to be awarded Platinum status by Total Gas and Power and was awarded the title of ‘Best Advice’ at last year’s Telca awards.

Alex Littner added: “We’ve always believed that customer service is the cornerstone of our business, and that’s evident in our consistent five-star ratings on Trustpilot and our essential servicing touch points. The fact that the majority of our customers return to us for a second or third tranche of funding also shows our retention rate. As Boost Capital continues to grow we’ll make further investments in our product line-up, technology platform and customer servicing to become a one-stop financing resource for small businesses across our footprint.”

The recent launch of Boost’s new loan decision tool too, which has taken learnings from the extensive experience across their UK and US loan books, also underlines their commitment. Those looking to borrow less than £25,000 benefit from the new assessment model, which removes the need for ‘human-touch underwriting’, meaning that decisions are delivered promptly and consistently.

Business loans UK – in numbers

Through its parent company BFS Capital in the United States and Canada, Boost Capital has provided more than £1.2 billion in total financing to more than 20,000 small businesses across more than 400 industries.

About Boost Capital

Boost Capital champions the growth and prosperity of small businesses by providing timely, flexible financing solutions. Their leading small business financing platform leverages customised underwriting and proprietary algorithms to fund businesses in the UK.

In the UK, US and Canada it has provided more than £1.2 billion in total financing to more than 20,000 small businesses across more than 400 industries.

Contact a Smarter Business consultant today to find out more about business loans UK through Boost Capital.

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