FundingSearch.com gives commercial lenders direct access to verified SME financial data
Commercial lenders and brokers can now access loan applications with live, verified financial data pulled directly from borrowers’ accounting software. FundingSearch.com, launching today, integrates with Xero, Sage, and Companies House to deliver real-time P&L, balance sheet, and cashflow data alongside verified business information, eliminating reliance on self-reported figures and outdated management accounts.
The platform addresses a persistent industry problem: over half of SME loan applications fail, wasting time for brokers and underwriting resource for lenders. FundingSearch.com’s matching technology connects borrowers with the right lenders from the outset, ensuring applications meet stated criteria with verified data to back them up.
“I spent decades as a broker watching good deals fall apart because the right lender wasn’t found in time,” said Phillip Evans, founder and CEO. “Placing complex deals can take weeks of manual research. FundingSearch fixes that. Brokers get instant matches, lenders get pre-qualified applications, and borrowers get decisions in days not weeks.”
The launch delivers on the FCA’s Open Finance vision, bringing verified, real-time financial data into commercial lending for the first time. Lenders and brokers joining the platform gain access to pre-qualified applications across asset finance, invoice finance, working capital, trade finance, merchant cash advance, and property finance.