Accountancy firm partners with London-based SME funding marketplace

A top 25 accountancy firm has announced a new partnership with a small business funding marketplace.

HW Fisher has teamed up with London-based marketplace Funding Xchange in order to provide its clients with access to a range of debt funders.

The new partnership will give clients that use Funding Xchange’s platform the option to access HW Fisher’s tax advice.

Commenting on the partnership, Gary Miller, partner at HW Fisher, said: “We know first-hand from our small business clients that they often face very challenging circumstances to secure funding.

’Platforms such as Funding Xchange have gone a long way in supporting them, offering a wide range of options that allows them to get to the next stage of development.

“Ultimately, having access to the platform will help our clients identify strategies to operate more profitably, grow organically, acquire other businesses, raise fresh capital and prepare for exit.”

Paul Henry, chief operating officer at Funding Xchange added: “We have had a phenomenal year of growth which reflects the growing need for UK businesses to have reliable funding available.

“We have seen a huge increase in the number of potential sources of business finance in the last few years, with at least 200 lenders now potentially available, offering a wide range of solutions including peer to peer, single invoice finance, revolving credit facilities as well as more traditional term loans and asset finance.

“We are looking forward to helping clients find the right funding options to support their growth.”