FAQs

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Alternative Business Funding do not conduct any credit checks, however where consent is given, some funders may conduct full company and director searches which won't harm your personal credit file but may be visible to other lenders. Funders will not conduct a full (hard) credit search without your explicit consent to do so.

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Alternative Business Funding has funders who can work with all business profiles, including from concept onwards, to provide start-up funding.

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Alternative Business Funding has a wide range of funders offering over 140 products and have options that may suit you, even if you, or one of the directors, have poor personal credit, CCJs or are in a debt management programme.

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Alternative Business Funding has a wide range of funders offering over 140 products covering all funding types, terms and security criteria. You do not need to be a home owner, nor offer your home as security for a loan, as we have funders that can provide funding completely unsecured. Some with just a personal guarantee and others who will require tangible security.

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Alternative Business Funding allows SME business owners to identify which funders are best placed to assist you with your funding needs. After registering your business and answering some simple questions, about your funding requirement and your business, the platform matches this information against over 140 products and the platform uses a simple traffic light system to display the results. 

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Getting the correct information from you helps us obtain the best matches possible. To enable us to do this we will need to confirm your business information and this we will keep private. Setting up an account on the platform allows you to come in and out as you please, check on the status of any of your enquiries and change your contact information if you’d like. 

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You can register on our registration page, alternatively you can talk to one of our service team who can register on your behalf.

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We use your business information to help find the best match possible for your funding requirements. We are not just looking at the best match of funders but also making sure that you find the most appropriate products.

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We use Amazon Web Services security and are certified by Cyber Essentials Plus. ABF are fully GDPR Compliant. Take a look at our privacy policy.

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Yes, Alternative Business Funding Ltd is an appointed representative of Clifton Compliance Services Limited which is authorised and regulated by the Financial Conduct Authority.  Alternative Business Funding Ltd is registered with the ICO (ZA110766) as a Data Controller.

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Once you have registered (this is a quick and simple process) then you will go through our unique business funding matching process. At the end of this simple process you will be shown those funders who are the best to match your business and where their products will be suitable for your requirements.

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As a result of the financial crisis the government launched an initiative that resulted in the creation of an act of parliament authorising the Treasury to designate (or authorise) finance platforms such as ABF. This designation has only been given to three platforms, of which ABF is one. Find the Finance Platform Referrals Policy here.

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The platform is simple and none of the questions will require you to get information that you wouldn’t have to hand. Usually this process takes between 5-10 minutes.

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Alternative Business Funding do not make any charges to business owners for identifying potential funders or assisting in the journey in any way.  Instead we get paid by the funder if and when, funds are draw down.  This means that you, the business owner, are only having to discuss costs with the funder and also that we only get paid if you and your business are successfully funded.

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There are more than 140 products on the platform, each with different pricing models and several being “risk based”, so requiring an Application to enable pricing to be provided.  You are of course free to make applications and obtain pricing from more than one funder, so that you have comparable quotes.

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Personal guarantees are often required, or preferred, in a wide range of funding scenarios from bank loans to invoice finance facilities. Put simply, giving a personal guarantee means you as a business owner or director will be held personally liable if the business can’t pay what it owes, therefore allowing the funder to pursue you personally if your company defaults on its loan.

As well as minimising risk to the lender, a personal guarantee is a strong indicator that you have confidence in your business and are willing to take on some personal risk. While this may seem a daunting prospect, in some cases it can mean the difference between the success and failure of your finance application.

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Once you have selected (or have asked our team to select) some funders they will in turn make contact with you. As part of our service level agreements with funders they are asked to try several times in an unobtrusive manner to contact you. However, if after a few days that are unable to make contact they will stop. If you select multiple funders then you might expect to receive a larger number of contacts in the initial stages of the process.

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There are more than 140 products on the platform. Each one of these funders will have a slightly different funding model. Some may be able to provide funding in hours or days. However, some may need longer periods of due diligence and this might mean waiting a week or more for a successful funding.

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Alternative Business Funding has a wide range of funders offering over 140 products covering all types of finance, terms and lending criteria. 

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Alternative Business Funding has a wide range of funders offering over 140 products covering all types of finance including overdrafts / revolving credit facilities, invoice finance (single or whole book), asset finance, short term loans, term loans, vehicle leasing, merchant cash advance, trade finance and property funding. If you require a very specific for of funding, let us know and we can review our panel to find a good match.

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Alternative Business Funding has a wide range of funders offering over 140 products covering all types of debt finance.

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Alternative Business Funding have a wide range of funders offering over 140 products covering all types of finance and purposes of borrowing including Business Acquisitions, Share Purchases, Management Buy Outs and Management Buy Ins. 

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Our funders have funding from a variety of sources including Venture Capitalists, Peer to Peer, the British Business Bank, the lender’s shareholders and their own balance sheet.

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Alternative Business Funding work with a specialist property team, Synergy Commercial Finance, to cover purposes of borrowing including Property Purchase, Property Development and Property Refurbishment.

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Our funders do not currently provide funding for businesses registered in the Isle of Man or outside of the UK.  

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Alternative Business Funding is a completely free to use service, designated by HM Treasury, to help business owners find funders that match their needs.

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Alternative Business Funding has a wide range of funders offering over 140 products covering all types of finance and a wide range of funding from £500 up to £50 million. 

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Our funders offer many different products, which have different terms and conditions, you will need to look at those terms, but many of them do offer loans without an “Early Redemption Charge”, essentially enabling you to repay early without any penalty.

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Alternative Business Funding uses a simple traffic light system throughout the site to clearly show how many of our funders might be able to assist based on the information you have provided. As you answer the questions you will see the traffic lights change based on the number of product matches, and therefore options, that are available to you. These will be shown in Green and Amber. 

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In order to support your enquiry you can upload the following information: Last 3 months Business Bank Statements, last set of filed accounts, last 5 quarters VAT statements (these can be downloaded from the HMRC website) and any other supporting information - i.e. merchant statements, draft/management accounts, business plan, contracts, etc.

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  • Completely free to use
  • Over 140 funding choices
  • Approved by HM Treasury & British Business Bank
  • Funds of £500 to £50 million available