Boost Capital recognised as industry leader for ‘Best Alternative Business Funding Provider’
Boost Capital has been rated as one of the industry’s top alternative business funding providers.
At the Business Moneyfacts Awards Boost Capital was rated ‘Highly Commended’ in the category of ‘Best Alternative Business Funding Provider,’ beating off competition from prominent financing platforms such as Funding Circle and Seedrs.
Shortlisted finance providers were intensely scrutinised to ensure they consistently offered the most competitive products, maintained high service levels and showed the greatest innovation.
Alex Littner, Managing Director of Boost Capital, said: “We are delighted to have been recognised as industry leaders by Moneyfacts. It really is a testament to the work our brokers, strategic partners and great team have put in, we must also thank our customers too, who consistently give us five star ratings on Trustpilot.
“We’ve always believed that customer service is the cornerstone of our business, and that’s evident in our essential servicing touch points, as well as the fact that the majority of our customers return to us for a second or third tranche of funding.”
Boost’s timely, flexible financing solutions are built with the busy small business owner in mind and seek to make the process as simple and accessible as possible. By leveraging customised underwriting and proprietary algorithms, the Company is able to provide approval within a few hours and access to business finance within 1-2 days.
Alex Littner added: “The market continues to appreciate our small business customer focus, and, as Boost Capital continues to grow, we’ll make further investments in our product line-up, technology platform and customer servicing to become a one-stop financing resource for small businesses across our footprint.”
Littner points to Boost’s new Merchant Cash Advance (MCA) facility, which allows businesses to repay their loans through a percentage of their card sales, as an example of their commitment to the small business community. With no fixed terms or repayment deadlines, small businesses are provided a flexible finance option especially good for those with seasonal cash flows.
The recent launch of Boost’s new loan decision tool too, which has taken learnings from the extensive experience across their UK and US loan books, also underlines Boost’s commitment to provide exceptional customer service. Businesses looking to borrow less than £25,000 benefit from the new assessment model, which removes the need for ‘human-touch underwriting’, meaning that decisions are delivered even faster.
In the UK, and through its parent company BFS Capital in the United States and Canada, the Company has provided more than £1.2 billion in total financing to more than 20,000 small businesses across more than 400 industries.
ENDS
About Boost Capital
Boost Capital champions the growth and prosperity of small businesses by providing timely, flexible financing solutions. Their leading small business financing platform leverages customised underwriting and proprietary algorithms to fund businesses in the UK, and through its parent company, BFS Capital, in the United States and Canada.
In the UK, US and Canada it has provided more than £1.2 billion in total financing to more than 20,000 small businesses across more than 400 industries.
For more information please visit www.BoostCapital.co.uk (U.K.) and https://boostcapital.co.uk/press-room/