How do you believe you’ve led the alternative finance industry into the mainstream? Having launched in 2014, we had stepped up to the plate at an ideal time. We consider ourselves the “un-bank”, and with this attitude, we have successfully innovated the business funding sector for three years, with no hard stop in sight. One introduction in particular that saw Fleximize lead the alt-fi sector into the limelight was the launch of our revenue-based finance product, the Revenue Advance, which ties businesses’ repayments to monthly revenue, allowing for stable growth. We do not apply the strict lending criteria of banks and we will lend to companies that most other lenders – including our direct competitors – will not. With the amount of competition rising, how is Fleximize positioning itself as more attractive to clients? At Fleximize, we’re continually evolving with the market to ensure we stay competitive and serve SMEs as best we can. We’re currently in the final stages of introducing some new integrations to our underwriting process, which will make our service even more efficient for busy business owners. Being investor, founder and managing director, how do you go about dividing your time? For an aspiring entrepreneur looking to steal a march on the competition, sleepless nights are unavoidable. As a father of four, this is something I was used to by the time I launched my first company! Juggling parenthood with a business was (and still is) a daily challenge, but I’d like to think I’ve done a decent job of it. From an investor’s point of view, what makes an attractive business? Raising business funding for growth is one of the biggest challenges owners face. First impressions matter when meeting investors, and it is vital to have a comprehensive and presentable business strategy and vision for your company. One of the most common mistakes budding entrepreneurs make (myself included) is thinking they can do everything and finding it hard to bring people on board to help. But you soon realise it is impossible to grow a business unless you play to your own strengths and leave the rest in the capable hands of your team.
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