Fleximize reports 33% lending growth

Fleximize has enjoyed a record-breaking quarter after seeing lending grow 33% during Q3 2017.

The alternative provider of finance to SMEs has lent £60m to businesses since launching three years ago and is on track to hit its goal of lending more than £100m to SMEs by the close of 2019.

Following its most recent funding round in April 2017 of £16.3m, Fleximize has further enhanced its product offering and member benefits, while significantly boosting its lending capacity.

Peter Tuvey, co-founder and managing director of Fleximize (pictured above), said its consistent growth had proven that SMEs needed alternative lenders to help make their businesses successful.

“We’ve become an integral cog in our customers’ success stories, and that’s something special.

“Our customers are representative of the hands-on, hard-working and dedicated entrepreneurs that are driving the UK economy forward.”

Looking to the future, Peter added: “This has been a very exciting year for Fleximize, and we can’t wait to see what 2018 brings.

“We look forward to continuing to support British businesses in the face of Brexit, and beyond.”

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