Revolutionising Business Finance: multifi Injects £10 Million to Empower SMBs

SMBs, the backbone of the UK economy, often grapple with cashflow issues, with 82% of business failures attributed to this challenge. multifi’s innovative online platform simplifies access to credit, enabling SMBs to check their eligibility for up to £200,000 instantly. Offering an affordable solution, multifi applies a fixed monthly access fee of 0.3% and an interest rate of 1.99% per month on used credit, ensuring a hassle-free experience for users.

The Impact

Our mission is clear: take the faff out of business finance. SMBs play a vital role in the UK, yet they often face barriers when seeking the credit needed for growth. multifi’s user-friendly platform eliminates complexity, providing businesses with rapid access to the funding required to thrive.

Investor Insight

We’re delighted to have secured this funding from Fasanara Capital, a prominent London-based asset manager and technology platform with £4 billion under management. Matt Kus, Head of Origination for Developed Markets at Fasanara, has praised multifi’s risk control framework and its ability to provide quick working capital finance to UK SMBs.

Real Success Stories

One compelling example of multifi’s impact is Metal Trading UK, an SMB specializing in global materials sourcing. Through multifi’s credit solutions, they’ve maintained seamless operations even during challenging economic conditions.

Looking Ahead

With a leadership team boasting extensive financial expertise from renowned institutions like Aldermore, Barclays, Citi, and HSBC, multifi is poised to offer unparalleled support to growing businesses. Our commitment to revolutionizing business finance is just the beginning, as we aim to empower businesses across various sectors, from wholesale to manufacturing and logistics.