UK SMEs overpaying by thousands on business finance due to “hidden cost tax”

New multifi research finds UK SMEs can overpay by more than £5,600 on a £50,000 facility, a gap driven by embedded fees, factor rates and opaque pricing structures.
multifi Completes FCA AI Sandbox Programme with Solution to Improve Open Banking Data Quality

UK fintech multifi develops AI approach to enhance transaction categorisation, supporting faster credit decisions for UK businesses
Hidden Fees & Hidden Friction: What the UK-Ticket Resale Crackdown Teaches Us About Honest Business Finance

With the UK set to ban ticket resales above face value, one thing is clear: hidden fees and opaque pricing are finally in the spotlight. At multifi we think business-finance should be built on clarity, not complexity. Here’s why.
Putty Pals (Slime Party UK): A Business Journey Fuelled by multifi Credit

Discover how Putty Pals (Slime Party UK) grew their business with flexible financing from multifi. Learn how multifi credit helped them manage cashflow and expand their product lines internationally.
The Importance of Business Finance: How multifi can Fuel your Growth and Success

82% of closed small and medium-sized businesses cite cash flow as the primary reason for failure. In today’s competitive business environment, effective financial management is essential for the growth and success of small and medium-sized businesses (SMBs). Whether navigating cashflow challenges or seizing new opportunities, having access to the right financial resources can make […]
How Gripsure Used multifi Credit to Grow Their Business

At multifi, we’re proud to support the growth and success of small and medium-sized businesses across the UK. One such success story comes from Gripsure, Europe’s largest manufacturer of non-slip timber decking. Their journey with multifi showcases the power of flexible financing solutions and how they can drive business growth and innovation. The […]
multifi Expands Financial Support to Smaller Businesses

Discover how multifi is expanding financial support for smaller businesses with new credit limits up to £40,000. Learn about the competitive rates, quick access to funds, and tailored eligibility criteria designed to help small enterprises grow and thrive.
David Simpson

David Simpson is a seasoned professional in Invoice Finance with extensive experience across the Commercial, Construction, Trade, and Recruitment industries. Known for his exceptional customer relations skills, David excels in developing and maintaining strong rapport with his clients. He is deeply committed to integrity and fairness, always prioritising transparency and honesty in his interactions. Passionate about delivering excellent service, David ensures that all customers are treated fairly and with respect, making him a trusted partner in finance.
Business Finance Explained: Key Terminologies & Understanding Cashflow

Understand cashflow, manage capital, and understand the financial tools essential for business growth and stability. Perfect for SME owners and entrepreneurs seeking to navigate the financial landscape effectively
Financial Advice for Small Businesses: multifi’s Guidance for Growth

Get financial advice and guidance for small businesses with multifi. We offer tailored financing solutions to help your business succeed.