Rangewell

The alternative finance solution

By David Harrison
Content writer
Last update: 4 December 20191 minute read
The alternative finance solution

Table of Contents

Looking for finance, but got turned down by your bank? Need to complete that long awaited business project, but lack the necessary funds? Or does your business need extra support when contending with unforeseen challenges? If so, the alternative finance industry can help.

As more and more banks turn their backs on SME businesses, many business owners are still unaware of the vast array of opportunities still on offer. This is in spite of the British Business Bank releasing the British Finance Guide, informing and encouraging business owners to explore their funding alternatives.

So what is Alternative Finance?

Alternative Finance is stepping in to fill the gap left behind by traditional high street banks.

With record numbers of bank branch closures occurring up and down the UK, business owners in affected areas feel stranded. But this is where the beauty of alternative finance comes into play.

As one door closes, a dozen more open, and is certainly true in the case of alternative finance. Whether you’re looking to fund your latest business project, expand into new areas or looking for support during difficult periods, help is at hand.

Alternative Finance is simply finance offered by anyone other than your traditional high street bank. As a result, there are now thousands of lenders in operation, each offering an extensive array of funding alternatives including loans, Hire Purchase, Invoice Finance, Merchant Cash Advance and much, much more.

Is Alternative Finance for you?

If your business is in need of finance, the benefits of Alternative Finance really can help elevate it to new heights. However, you must ask yourself:

  1. Why do you need finance?
  2. How much do you need?
  3. What type of repayment scheme can your business cope with?

With so many lenders offering thousands of finance solutions for your business, you’re bound to discover a finance solution to suit your needs. But where?

Looking for finance can be a frustrating and intimidating process, often leaving you confused as to which is the best finance solution for your business. This is where Rangewell can help.

Our values are simple – We’re on your side

At Rangewell, we support a wide range of SME businesses of every shape and size, for finding every type of finance. Follow us on Twitter and LinkedIn for business tips and tricks, and feel free to call us on 0203 637 2340 if you’d like to chat about what we can do for you.

You may be interested in...

Growth Street Borrower Action Group Launched to support Borrowers

Growth Street Borrower Action Group Launched to support Borrowers

Click here to view the full analysis of Growth Street Borrowers carried out by Rangewell  Since Growth Street anno...

22 June 2020
Commercial Mortgages: Advantages and Disadvantages

Commercial Mortgages: Advantages and Disadvantages

Whether you're considering purchasing property or real estate for your business, one way of overcoming this obs...

5 September 2019
What does Capital mean in business?

What does Capital mean in business?

In order to take your business from A to B there’s a vital resource that you simply can’t do without - capit...

31 December 2018
External Sources of Finance: What are the Advantages and Disadvantages

External Sources of Finance: What are the Advantages and Disadvantages

At every stage in your business’ development, you’re going to need the support and reassurance that can only be found by...

30 October 2018

Our service is:

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

Personal

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.