Frequently Asked Questions

Inspired Finance provides an easy way for businesses to access lenders and compare their products. Our advanced platform makes intelligent matches and ranks lenders, based on their past successes, to help businesses select a suitable funding solution.

With so many lending institutions and alternative funding platforms available, it’s difficult to know which are the most appropriate lenders for your business requirements. Establishing which lenders are a good fit and filling out multiple application forms is hugely time consuming. Inspired Finance takes the burden out of searching and applying.

No. Inspired Finance is not a lender. It is a software company functioning as an independent aggregator, facilitating applications and collaboration with lenders and advisors. All lending and subsequent payments are strictly between the lender and the business.

No. Inspired Finance does not offer advice but instead it utilises information about your company and matches it to the criteria of lenders from the traditional, independent and alternative finance sectors.

The platform is designed to streamline the application process in the fastest, most transparent way possible. It enables collaboration between an introducer and a business to facilitate the application with multiple lenders.

All introducers will be vetted to better understand the nature of their business and whether they have any statutory regulation. This will involve a short conversation with an account manager who will be your point of contact.

You can introduce any UK Limited business for any product on the platform.

Assuming your are functioning in an advisory role, such as an accountant, your input will provide a higher rate of application success. The administration typically involved in this process is removed and therefore you can provide value add services to your client.

As an introducer your will be notified via email. The email will form part of the setup process.

The matching algorithm will put the business in contact with the most appropriate lenders. The lenders will in turn undertake due diligence to confirm that the introduction was suitable and that the information provided is in good order prior to lending.

As well as emails depending on the volume of business we can generate daily, weekly or monthly reports. This provides metrics both about an individual application and collectively across all active and past applications. Metrics will be also be presented on a portfolio basis.

The process is simple. By going to inspired-finance.co.uk, you can complete a brief application form on behalf of your client. The platform requires you to confirm that you have your client’s permission to apply on their behalf and they will then be notified of the application.

Once the application is submitted, the information provided will form the basis of a match to several lenders who have the borrowing criteria to match your client’s profile.

Capitalise will run electronic checks to validate information provided. These initial checks are at the company level and do not leave any trace / footprint on your credit history. Capitalise will never undertake a consumer credit check. However, some of the lenders in the course of their due diligence might.

There are no fees for using Inspired Finance.

Commission is fixed at 20% payable on successful loans introduced.

Inspired Finance will only present businesses that fit the lender criteria. You can manage this criteria and update it at any time through your dedicated partner manager.

As information is entered manually or digitally aggregated (public and permissioned by the SME) by a business, the logic within the platform directs the business to you, as an appropriate lender, based on the criteria you’ve supplied.

Inspired Finance enables you to progress an application faster and more collaboratively than ever before. Your application requirements are reflected to the business and these are populated manually or by pulling their data from the digital networks we work with and are permissioned for.

Inspired Finance provides an easy way for businesses to access lenders and compare their products. Our advanced platform makes intelligent matches and ranks lenders, based on their past successes, to help businesses select the best funding solution.

With so many lending institutions and platforms available, it’s difficult to know which are the most appropriate lenders for your business requirements. Establishing which lenders are a good fit and filling out multiple application forms is hugely time consuming. Capitalise takes the burden out of searching and applying

No. Inspired Finance does not offer advice but instead it utilises information about your company and matches it to the criteria of lenders from the traditional, independent and alternative finance sectors.

The platform is designed to streamline the application process in the fastest, most transparent way possible. It provides a platform for collaboration between SMEs lenders and if you choose, your advisor such as an accountant.

Applications submitted through the Inspired Finance platform have a higher success rate when all relevant accounting data is presented and product choice has been discussed with an individual who is familiar with both your business and the financial products available.

All UK businesses, from all sectors, your company status (Sole trader, Limited liability partnership or Limited company) may play a role in the type of lender presented.

It’s easy. Simply fill out a brief application form and you will be matched to several lenders who meet your borrowing criteria. The process can take as little as 2 minutes to complete.

No. Inspired Finance is not a lender. It is a technology company functioning as an independent aggregator, facilitating applications and collaboration with lenders and advisors. All lending and subsequent payments are strictly between the lender and the business.

Inspired Finance uses a variety of data sources to ensure the needs of our clients are served whilst operating within regulatory legislation. These sources include information provided by the business and in some cases public information, made available by companies such as Creditsafe to pre-populate your application.

The matching algorithm will put the business in contact with the most appropriate lenders. The lenders will in turn undertake due diligence to confirm that the introduction was suitable and that the information provided is in good order prior to lending.

A number of lenders will require personal guarantees. Others may require business debentures, security over stock or other assets depending on your business type.

You need to be a UK company, LLP or sole trader. Depending on the type of company you are, you may be eligible to borrow from the start if you have invoiced other invoices, or four months after the start of the business if you have a PDQ machine. More traditional lending typically requires more of a trading history.

Typically from £25k+. Smaller amounts are possible in certain products.

Yes. UK does not include the Channel Islands.

No. As a business, you can apply directly through Inspired Finance. However, our collaborative process is designed to remove the administration of application enabling you to discuss only the relevant points with an advisor / accountant i.e. what products, how much etc.

There are no fees charged to the business. However, on a successful outcome, a commission will be paid by the lender to Inspired Finance. Where an introducer is using the Inspired Finance network, there maybe a share of this commission paid to the introducer. Commission rates are at market rates or lower and will be illustrated throughout the process.

To complete your application, Inspired Finance will just need basic company and accounting information. Examples may include:

  • Name and address
  • Company details
  • Filed accounts (where available)
  • Most recent management accounts
  • Director history
  • Depending on which product you select, you might need to provide additional information. For instance, invoice discounting will require debtor information, merchant cash advance will require PDQ details, etc

This also depends on the product. The money could get into the account as soon as the same day the loan is approved or it could take up to several weeks. The more complex the due diligence then the longer the time frame.

Inspired Finance provides an easy way for businesses to access lenders and compare their products. Our advanced platform makes intelligent matches and ranks lenders, based on their past successes, to help businesses select the best funding solution.

With so many lending institutions and platforms available, it’s difficult to know which are the most appropriate lenders for your business requirements. Establishing which lenders are a good fit and filling out multiple application forms is hugely time consuming. Capitalise takes the burden out of searching and applying

Top