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All change: Funding Options diversifies into energy switching

Funding Options CEO photo

Funding Options is the leading marketplace for business finance, helping businesses across the UK and Netherlands find the right funding with the help of 100 lender partners.

By teaming up with energy comparison site Love Energy Savings, Funding Options is starting off by enabling API handovers to help customers find a better deal.

“Finance is clearly a very important service that SMEs are looking for, certainly the most important, but it's not the only core service that businesses need,” Simon Cureton, the CEO of Funding Option said. “Things like business insurance, energy switching, telcos and business broadband, you could even go as far as putting things like office space and accounting software packages in there, for example.”

For now most of the heavy-lifting of the energy comparison and switching is being done on Love Energy Savings' own website, Cureton is clear that “what we don't want to do too early is try to become a Loving Energy Savings, because that's not our core competency.” But the data analytics it has on its customers will help it to identify those that have a need, today that's for energy switching, and in the future it could be for any of the services Cureton mentions. “We have this large acquisition capability, so for us to be able to offer a proliferation of services for those businesses is hugely positive.”

 

Read the full press release here>

 

Digital Financial Services