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Flexible Fleximize - MENTA Patron

Wed Aug 12 2020

Fleximize announces updates to Flexiloan and launch of new Flexiloan Lite

MENTA Patron and awarding winning Suffolk business Fleximize, have announced two new finance products 'Flexiloan' and 'Flexiloan Lite'. read more from Fleximize.

The lender’s standard term loan, the Flexiloan, has had a refresh, with lower rates now starting at 10.8% per annum, suitable for almost any business for almost any purpose. Meanwhile, the brand-new Flexiloan Lite has been specifically designed for younger businesses who need a short-term cash injection. Both products are available on an unsecured and secured basis and businesses can borrow between £5,000 - £500,000.

The refreshed Flexiloan and brand new Flexiloan Lite have been introduced as a result of significant market research and have been designed around the needs of UK business owners trying to navigate the current economic climate. In order to continue championing small businesses during these turbulent times, the lender has also opened up its Member Marketplace to all businesses across the UK, regardless of if they have a Fleximize loan or not. This means that any business in the UK can sign up for free to access discounts on industry-leading tools and services to help run their SME.

As part of their mission to bring transparency to the sector, the lender has also introduced its new Penalty-Free Promise to ensure that customers never overpay for a Fleximize business loan and are not penalised if they wish to repay in full early. Similarly, the lender’s new Loyalty Pledge rewards returning customers with preferential rates and wider business support.

Peter Tuvey, Co-Founder and CEO of Fleximize, said: 'We're keen to support the UK business community with their growth plans, now more than ever. The changes we've made to our products, including a significant drop in our interest rate, demonstrates how we're willing to adapt to ensure that our service is meeting the needs of UK business owners in practice. In addition, opening up our Member Marketplace to all UK business owners is just one of the many ways we're demonstrating that we're here to support SMEs for the long haul.'

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About Fleximize

MENTA Patron, Fleximize are a multi-award-winning digital business lender dedicated to providing UK SMEs with flexible finance, done properly. Since launching in 2014, the lender has supported thousands of businesses with their growth plans across a variety of sectors, from professional services to hospitality.

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