X-Forces Enterprise (XFE) has launched a new quick search platform in partnership with global fintech Swoop that quickly matches business owners in the Armed Forces community with growth funding options.
XFE recognises that finance is the critical enabler in growth for businesses, however, to seek out all the options can take a lot of time – a resource that is limited for many small businesses. The new XFE Business Finance Platform offers an easy-to-use solution and tailors results to the business profile.
As well as sifting through borrowing offers from mainstream banks and alternative lenders, the platform can connect the user with business angels, venture capital investors and crowdfunding investors, and find equity investors via government initiatives. Furthermore, the XFE Business Finance Platform displays the most relevant grant funding and can also source some of the best deals to make savings on business bank accounts, credit cards, and energy bills.
XFE carefully selected Swoop as a trusted channel partner for the Military In Business® community. Swoop is a chosen associate to all major banks in the UK and Ireland, is approved by the Competition and Markets Authority and is fully authorised and regulated by the Financial Conduct Authority. Swoop has bank-grade security that encrypts and protects members’ important personal and business information and uses measures like double-factor authentication to guard access.
Through this pioneering new partnership, XFE and Swoop aim to unlock growth for the Military In Business® community. Business owners can join the XFE Business Finance Platform at x-forces.swoopfunding.com
X-Forces Enterprise Founder and CEO, Ren Kapur MBE, said: “The new XFE Business Finance Platform complements the existing provision we have with Start Up Loans from British Business Bank (BBB). While Start Up Loans are crucial enablers for entrepreneurs trading for fewer than three years to take their first steps, our commitment extends beyond the initial stages, and we recognise the importance of exploring diverse finance options for sustainable growth.
“Swoop’s pioneering technology plays a pivotal role in this endeavour. Our aim is to break down barriers and provide support to businesses of all sizes, regardless of their location or demographic. Empowering as many businesses as possible is the driving force behind our efforts, making Swoop’s innovative solution a valuable asset for our community.”
Tom Butterworth, Senior Equity and Strategic Partnerships Manager at Swoop, added: “Swoop is excited to launch a partnership with X-Forces Enterprise, helping business owners in the Armed Forces and Emergency Services access finance across debt, equity and grants. By joining together on this platform, we aim to unlock new opportunities for this community of entrepreneurs, enabling them to navigate the financial landscape effectively and realise their business growth ambitions.”