multifi

multifi is a London-based fintech company on a mission to take the faff out of business finance for UK small and medium-sized businesses. Founded in 2023, it offers a flexible, unsecured revolving credit facility of up to £250,000 with fixed rates, no personal guarantees, and repayment terms of up to four months — providing a genuinely accessible alternative to traditional bank lending, which requires collateral, extensive paperwork, and long application timelines.

The platform integrates credit access with a business current account and international payments, allowing SMEs to manage cashflow, pay suppliers in multiple currencies, and access funds instantly through a single interface. The underwriting model is driven by technology and real-time data, enabling rapid eligibility decisions based on turnover rather than hard assets.

multifi secured £10 million in initial loan capital from Fasanara Capital, and has since lent over £150 million to UK businesses. The company has won multiple awards including the London Chamber of Commerce Gold (SME Business Awards 2024) and Alternative Lending Provider of the Year at the Credit and Collections Industry Awards 2024.