The Funding Gap is part of a family property business that has been running for 40 years.
With over 75 years’ combined experience of property development, property financing, small company financing, angel investment, start-up and corporate finance advice, we understand the problems that any small business and its owners face to firstly establish a viable business and then make it grow.
Since the credit crunch of 2008, such problems have become more and more acute as the traditional source of small business funding – the high street bank – has viewed “small business” as a bad credit risk and significantly reduced its lending capacity.
At The Funding Gap, we believe that the engine room of the UK’s recovery and ongoing economic growth lies in the hands of entrepreneurs and small business to provide innovation and jobs. The high street banks chose to retrench from the micro lending market after the credit crunch; a strategic decision that now looks to be permanent, thereby choking off the traditionally predominant supply of credit. Sources of Alternative Finance have rapidly entered the market to plug this funding gap. With the enduring uncertainty around Brexit and the kind of trade deal that the UK will secure likely to prevail for at least another year until the UK officially leaves the EU and into a transition period, credit conditions for small businesses are likely to remain tight. It is now more important than ever to provide flexible financing options to allow small businesses to flourish in this difficult climate.
The Funding Gap is on the side of small business and entrepreneurialism. We are not a crowd funding platform and act as principal for all our loans and investments. Our charges are simple, transparent and tailored on a case-by-case basis.
Come and talk to us to see how we might help!