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 for an ING finance product will be referred to Funding Options to see if alternative funding can be found for them from a panel of lenders. Even if a business is not an ING customer, Dutch small businesses who can’t secure traditional funding can go to the ING website and use Funding Options’ free service.
Funding Options currently helps thousands of UK firms access well over £100m every year. Launching under the leadership of Funding Options’ Head of Netherlands Operations, Eugenie Casier, this partnership will enable it to support even more small businesses to access the right loan for their situation.
Ryan Edwards-Pritchard, managing director at Funding Options said, “Too 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. But this problem is not limited to the UK, it is a global issue that needs to be solved.
“We’re very excited to launch in the Netherlands through this partnership with ING. This is a great example of the banks and fintechs working together for the benefit of customers. We look forward to supporting Dutch small businesses to access alternative funding and achieve their goals – just as we have already supported thousands of UK ones.”