Funding Alternative

What is Funding Alternative?

Based in Surrey, Funding Alternative is an alternative business funding provider that prides itself on offering fast, reliable funding with a decision in as little as 4 hours. This fast finance can be a good option for small business owners who need to buy stock and equipment, better manage cash flow, or generate working capital quickly.

What funding does Funding Alternative offer?

Funding Alternative offers three business finance products: selective invoice finance, business cash advance, and merchant cash advance. They can offer between £10,000 and £250,000 if you're looking to access an advance.

A business cash advance is a quick way to get a cash injection. To work out how much to lend, Funding Alternative reviews the transactions in your business bank account to see how much you turn over each month. You then repay the advance as a percentage of the income that comes through your account, so repayments rise and fall in line with your takings.

A merchant cash advance is designed for businesses that take payments through a card terminal. Funding Alternative advances you a lump sum, and you repay it as a percentage of your future card sales. Because repayments move with your takings, you pay back more in busier periods and less when trade is quieter, which can make managing cash flow easier.

Selective invoice finance involves selling one invoice to Funding Alternative to release up to 85% of the unpaid invoice amount within 48 hours. This means you’re not waiting out the full payment terms (30, 60, or 90 days) to access cash. Freeing up these funds means you can better manage cash flow, invest in marketing initiatives, restock, or pay wages.

How to apply for a Funding Alternative loan

Applying for finance from Funding Alternative is quick and easy. You can apply through our free comparison tool or the lender’s website. After filling out the form on their site, a member of the Funding Alternative team will contact you to discuss your requirements in greater detail. After making an offer, you’ll have time to review any terms and conditions before signing. You will usually receive the funds within 48 hours after approval.

Compare Funding Alternative with other lenders

Before settling on Funding Alternative as your lender, consider comparing their offering with other lenders. Our loan comparison tool is 100% free for you to use. Simply fill in our short form, and we’ll match your requirements with all suitable UK lenders.

Expand each loan offer to learn more about total repayable, interest rates, loan terms, etc. If you find a loan offer you like, select it and proceed with your application.

There’s absolutely no obligation to accept any loan offer presented to you. Compare business finance.

Funding Alternative Reviews

Funding Alternative has a 3.70 Trustpilot rating based on 11 reviews.