About Alternative Business Funding
Alternative Business Funding is a company based in Bristol (United Kingdom) founded in 2014.. Alternative Business Funding has raised $7.76 million across 1 funding round. The company has 1 employees as of December 31, 2021. Alternative Business Funding offers products and services including Asset Finance, Business Loans, and Commercial Property Finance. Alternative Business Funding operates in a competitive market with competitors including Funding Circle, Goji, Formax Credit, Funda and TFGcrowd, among others.
- Headquarter Bristol, United Kingdom
- Employees 1 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alternative Business Funding Limited
- Date of Incorporation 16 May, 2014
- Jurisdiction BRISTOL
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Annual Revenue
$427.08 K (USD)47as on Apr 30, 2022
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Net Profit
$183.24 K (USD)142as on Apr 30, 2022
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EBITDA
$113.49 K (USD)120as on Apr 30, 2022
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Total Equity Funding
$7.76 M (USD)
in 1 rounds
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Latest Funding Round
$7.76 M (USD), Series A
Nov 04, 2019
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Investors
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Employee Count
1
as on Dec 31, 2021
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Products & Services of Alternative Business Funding
Alternative Business Funding offers a comprehensive portfolio of products and services, including Asset Finance, Business Loans, and Commercial Property Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides funding for business assets like equipment.
Offers loans for SME growth and operations.
Facilitates funding for business property purchases.
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Funding Insights of Alternative Business Funding
Alternative Business Funding has successfully raised a total of $7.76M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.76 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $7.8M
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First Round
First Round
(04 Nov 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Alternative Business Funding | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Alternative Business Funding
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alternative Business Funding
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alternative Business Funding Comparisons
Competitors of Alternative Business Funding
Alternative Business Funding operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Circle, Goji, Formax Credit, Funda and TFGcrowd, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A peer-to-peer marketplace for business loans is operated and developed.
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| domain | founded_year | HQ Location |
A platform for private funds distribution is operated by Goji.
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| domain | founded_year | HQ Location |
Formax Credit manages peer-to-peer business loans and commercial facility administration services.
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| domain | founded_year | HQ Location |
P2P loans are facilitated for Korean retail stores by Funda.
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| domain | founded_year | HQ Location |
Operates a debt-based marketplace for business loans.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alternative Business Funding
Frequently Asked Questions about Alternative Business Funding
When was Alternative Business Funding founded?
Alternative Business Funding was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Alternative Business Funding located?
Alternative Business Funding is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Is Alternative Business Funding a funded company?
Alternative Business Funding is a funded company, having raised a total of $7.76M across 1 funding round to date. The company's 1st funding round was a Series A of $7.76M, raised on Nov 04, 2019.
How many employees does Alternative Business Funding have?
As of Dec 31, 2021, the latest employee count at Alternative Business Funding is 1.
What is the annual revenue of Alternative Business Funding?
Annual revenue of Alternative Business Funding is $427.08K as on Apr 30, 2022.
What does Alternative Business Funding do?
Alternative Business Funding was established in 2014 in Bristol, United Kingdom, as an online platform in the business financing sector. Borrowers seeking P2B loans are matched with registered lenders via algorithmic processes. A concierge service is also provided, involving manual searches of lenders tailored to individual borrower requirements. Operations focus on facilitating various types of business loans across the UK.
Who are the top competitors of Alternative Business Funding?
Alternative Business Funding's top competitors include Funding Circle, Goji and Funda.
What products or services does Alternative Business Funding offer?
Alternative Business Funding offers Asset Finance, Business Loans, and Commercial Property Finance.