Funding Xchange short-listed by British Business Bank for designation as 'financial platform'

Help is on its way for 150,000 businesses that have been told ‘No’ by their banks Funding Xchange, the first UK marketplace for business funding, has received the green light from the British Business Bank and is looking to be fully designated by the end of the year.

Funding Xchange connects businesses with lenders, making it simple to get quotes from the whole market through one application while letting lenders compete with each other.

SOURCE: altfi