Funding Xchange is an SME lending marketplace that serves over 10,000 customers a month. Applicants can compare personalised quotes in under four minutes and receive funds in as little as 10 minutes. The company is part of the government’s Bank Referral Scheme, launched in 2016, which obliges lenders to refer unsuccessful applicants to its service. Funding Xchange guarantees that it’s never cheaper for an SME to go direct to a lender. It also offers a white label solution to power banks’ SME lending propositions. It was founded in 2014, and has raised over £10m in funding.