Handepay and Funding Circle announce new partnership
Handepay Ltd, part of the PayPoint Group and one of the UK’s leading card payments solutions providers, today announces a new partnership with Funding Circle, the UK’s largest small business lending platform.
Through the new partnership, Handepay can help their SME customers apply for a Funding Circle business loan. This makes it even simpler for small businesses to get the finance they need to take the next step on their journey.
Funding Circle aims to support small businesses with access to fast, affordable finance. Its loans are often more cost effective than a business overdraft or credit card and offer fixed monthly repayments so businesses can plan with confidence. The platform has helped more than 130,000 small businesses access over £14.5bn in finance since 2010.
The partnership follows an increase in demand for other lending services and business finance options from customers signed up to the Handepay Loyalty Programme.
Mark Latham, banking services director, PayPoint Group, said: “Our new partnership with Funding Circle is just the latest tangible demonstration of how Handepay offers much more than simply card payments solutions to UK SMEs. At a time when small business owners face unprecedented challenges, we’re doubling down to ensure we offer greater value and partner access to support than ever. Handepay customers now have even more choice to find the right finance solution that fits their specific needs.”
Fran Warrington, head of partnerships, Funding Circle said: “We’re really excited to enter this partnership with Handepay to offer even more businesses crucial access to finance. We’re proud to partner with like-minded companies to help more small businesses get the funding they need to grow, create jobs and invest in their communities.”