A new business funding matching tool to revolutionise access to finance for businesses in the DN postcode area has been released by Doncaster Chamber of Commerce.
The new ‘Chamber Finance Finder’ will allow member businesses fast and simple access to all funding options across loans, equity and grants – simplifying, speeding up and streamlining the application process for them.
Businesses are still struggling to access the finance they need, so the Doncaster Chamber is utilising financial technology to provide access to both government and non-government funding options via a new partnership with Swoop Funding, supported by the British Chambers of Commerce.
In addition to access to funding tailored for their specific business needs, Chamber members will also enjoy other exclusive benefits such as a dedicated Finance Finder hotline providing guidance on funding queries, plus a free financial health check, finance alerts and updates.
Doncaster Chamber Chief Operating Office, Andy Hibbitt, said: “With cashflow a critical concern for many local businesses, it is essential that firms can access the support they need. By ensuring all member companies have a fast and simple way to find finance we can safeguard the businesses that have helped to build our community.
“Following the launch of our new and improved membership packages just last month I’m delighted that we are able to add the Chamber Finance Finder as yet another benefit, as it’s a key service that our members have specifically asked for in the current climate.”
With the latest figures from Swoop showing fewer than 50% of businesses are accessing the loans they may need, it is essential that organisations such as the Chamber of Commerce addresses the challenges in the process. This new tool, powered by one of UK’s leading financial technology firms, Swoop Funding, matches businesses with funding from over 1,000 providers.
Adam Marshall, Director General of the British Chambers of Commerce, added: “Business communities are facing unprecedented challenges, and access to finance remains a pressing issue for so many firms. The Chamber Finance Finder will help companies the length and breadth of the UK find finance options that will help them restart, rebuild and renew their operations. We’re delighted to support the Doncaster Chamber in launching this initiative.”
