Welcome to the Neighbourhood
If the name Fleximize rings a bell, it might be because you’ve seen the company’s adverts on various roundabouts across Ipswich. However, since June 2016, regular users of Landseer Road will have undoubtedly spotted Fleximize’s HQ on the corner of the Duke Street roundabout.
The company, which launched in January 2014, was previously based in Masterlord Office Village at Ransomes Industrial Estate. Following a recruitment drive last summer, it made the move to larger premises on John Street.
Who are Fleximize?
Founded by local entrepreneur Peter Tuvey and former banker Max Chmyshuk, Fleximize is an alternative finance company that provides business loans to small and medium-sized enterprises (SMEs) that have been trading for at least six months. To date, the company has lent over £40 million to businesses across the UK and is looking to accelerate its lending this year. Fleximize’s loans can be used for any purpose; including cash flow, expansion or purchasing new machinery.
As well as offering financial support to businesses, Fleximize also provides free advice through its Knowledge Hub, where business owners can find articles on a range of topics, including HR, marketing, web development and basic accounting.
Tuvey and Chmyshuk decided to launch Fleximize after the major high-street banks reduced their lending to SMEs following the recession. They believed that there was space for a business lender that could help companies in need of funding, while not applying the strict lending criteria of banks.
Rather than letting a computer make the majority of its lending decisions, Fleximize has a team of expert underwriters who take a close look at every application, with a view to saying ‘yes’ where possible. Companies can apply for a loan through Fleximize’s website and if all documentation is received in good time, the company can give businesses a decision within 24 hours and deposit funds soon after, if approved.
Fleximize continues to seek out opportunities to support more businesses and would love to hear from any business in need of funding. So, if you’re looking for financial support or business advice, simply visit Fleximize online or call 01473 208 108.