Card payments solutions provider Handepay, part of the PayPoint Group, has formed a partnership with small business lending platform Funding Circle.
Through the new partnership, Handepay can help its SME customers apply for a Funding Circle business loan.
Funding Circle aims to support small businesses with access to fast, affordable finance. Its loans are often more cost-effective than a business overdraft or credit card and offer fixed monthly repayments. The platform has helped more than 130,000 small businesses access over £14.5bn in finance since 2010.
Mark Latham, Banking Services Director at PayPoint Group, said: “At a time when small business owners face unprecedented challenges, we’re doubling down to ensure we offer greater value and partner access to support than ever. Handepay customers now have even more choice to find the right finance solution that fits their specific needs.”
Fran Warrington, Head of Partnerships at Funding Circle, added: “We’re proud to partner with like-minded companies to help more small businesses get the funding they need to grow, create jobs and invest in their communities.”
