National award for Ipswich-based business lender Fleximize
- Credit: Archant
The British Bank Awards recognise Fleximize for its outstanding contribution to UK SMEs
Ipswich-based lender Fleximize, an alternative provider of finance to small and medium-sized enterprises (SMEs), has been crowned Best Business Finance Provider at the annual British Bank Awards 2018.
The alternative lender has been recognised for its attention to customer service quality and SME-focused initiatives.
The Best Business Finance Provider award shines a light on the banks and alternative lenders who have best addressed the needs of small businesses and entrepreneurs.
The British Bank Awards establishes the best products, innovations and most trusted financial brands, decided by the customers themselves.
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Peter Tuvey co-founder and managing director of Fleximize, said: “We’ve had a fantastic start to 2018, and winning this award is testament to the hard work of the whole team. Our customers are the backbone of our success, and this award, voted for by them, has given us a huge amount of confidence for the future.”
Fleximize recently closed a funding facility of £16.3m from Hadrian’s Wall Secured Investments and has lent over £65 million to SMEs in the UK since launching in 2014, with half of this lent in 2017.
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In the past year, the company has rolled out its secured product and substantially increased its lending capacity, as it looks to take its lending to SMEs past £100 million this year.
The British Bank Awards took place at the Grand Connaught Rooms, London.
Fleximize is a UK-based business lender and web platform launched in January 2014 with the aim to help small and medium-sized British businesses grow by providing them with flexible financing solutions tailored to their unique needs and preferences.
It is based in the Ipswich Waterfront area.