Home Business NewsBusinessBanking News Funding Options launches in the Netherlands with ING Bank partnership

Funding Options launches in the Netherlands with ING Bank partnership

by Sarah Dunsby
4th Feb 19 12:06 pm

Funding Options is launching in the Netherlands Monday, in partnership with ING, to help Dutch businesses find the right funding for them.

Funding Options is the leading online business finance marketplace in the UK and helps small businesses source alternative funding options from as little as £1,000 up to £10m. The partnership with ING means that this service is now available internationally for the first time and helping to support the 1.8m small- and medium-sized businesses in the Netherlands.

Businesses who are not eligible forĀ anĀ INGĀ financeĀ product will be referred to Funding Options to see ifĀ alternative fundingĀ can be found for them from a panel ofĀ lenders.Ā Even ifĀ a business is not anĀ ING customer,Ā DutchĀ smallĀ businesses whoĀ can’tĀ secure traditional fundingĀ can go to the ING website andĀ use Funding Options’ free service.

Funding Options currentlyĀ helpsĀ thousandsĀ ofĀ UKĀ firms accessĀ well over £100m every year.Ā Ā Launching under the leadership ofĀ Funding Options’ Head of Netherlands Operations, EugenieĀ Casier,Ā thisĀ partnership will enableĀ it to support even moreĀ small businessesĀ toĀ accessĀ the right loan for their situation.

Ryan Edwards-Pritchard, managing director at Funding Options said, ā€Æā€œToo often small businesses will face the challenge of not being able to access funding from mainstream lenders, whether because they are too young, too small or simply because they don’t meet the banks’ criteria.Ā But this problem is not limited to the UK, it is a global issueĀ that needs to be solved.

ā€œWe’re very excited to launch in the NetherlandsĀ through this partnership with ING.Ā This is a great example of the banks andĀ fintechsĀ working together for the benefit of customers.Ā We look forward to supportingĀ Dutch smallĀ businessesĀ toĀ accessĀ alternative fundingĀ and achieve their goals – just asĀ we haveĀ alreadyĀ supported thousands of UK ones.ā€

Leave a Comment

You may also like

CLOSE AD

Sign up to our daily news alerts

[ms-form id=1]