Simply Funded is a UK direct lender operated by Morley Capital Limited (Companies House number 14566089). The lender, which has also operated under the trading name Fundify Funding, provides business funding designed for commercial borrowers across the UK. Rather than relying solely on credit scores, Simply Funded uses Open Banking and business cash flow metrics to evaluate applications and deliver rapid decisions. Business owners researching funding can access Simply Funded directly, via online marketplaces, or through specialist commercial finance brokers.
Business Finance Products Offered by Simply Funded
Simply Funded offers several financial products targeted at working capital and commercial growth needs. Their product range includes:
- Business Loans: Unsecured business loans ranging from £5,000 to £500,000. These loans allow companies to access working capital without securing debt against physical assets.
- Asset Finance: Funding options structured to assist businesses with capital investments and commercial machinery, complementing solutions such as equipment finance.
- VAT and Tax Loans: Dedicated business loans created to help UK companies spread the cost of recurring tax liabilities and manage cash flow timing differences.
Who Simply Funded Suits and Eligibility Criteria
Simply Funded provides commercial finance to UK small and medium enterprises, limited companies, and sole traders. To qualify for funding from Simply Funded, applicants must satisfy specific eligibility conditions:
- Trading History: The business must have been actively trading for at least 6 months.
- Minimum Revenue: Applicants must demonstrate a minimum monthly revenue of £500,000.
- Business Entity: Open to both UK limited companies and sole traders.
- Funding Purpose: Ideal for businesses seeking fast unsecured working capital, tax funding, or asset investments.
Because commercial lending to limited companies is unregulated in the UK, Morley Capital Ltd (trading as Simply Funded) does not appear on the Financial Conduct Authority (FCA) register.
Key Facts and Product Summary
| Feature | Details |
|---|---|
| Provider Name | Simply Funded |
| Parent Company | Morley Capital Limited (Companies House: 14566089) |
| Alternative Trading Names | SimplyFunded, Fundify Funding |
| Provider Type | Direct Lender |
| Minimum Deal Size | £5,000 |
| Maximum Deal Size | £500,000 |
| Trading Requirement | Minimum 6 months |
| Minimum Monthly Revenue | £500,000 |
| Sole Traders Accepted | Yes |
| Primary Assessment Basis | Open Banking and cash flow analysis |
| Access Routes | Direct, Broker, Marketplace |
How to Access Simply Funded
Commercial borrowers can access Simply Funded products through several channels:
- Direct Applications: Business owners can apply directly through the official website (https://www.simplyfunded.co.uk).
- Commercial Brokers: Specialist finance brokers can present applications to Simply Funded as part of a wider review of lender options.
- Marketplaces: Commercial finance platforms and marketplaces list Simply Funded for business comparison.
Applications are evaluated using Open Banking data, allowing the lender to analyze real time cash flow and process applications rapidly without relying solely on traditional credit scoring.
Comparing Simply Funded Options with SME Money
While Simply Funded provides flexible unsecured options, finding the right business funding depends on your specific financial demands, trading history, and cash flow profile. SME Money assists UK business owners by connecting them with specialist brokers. These brokers search over 70 UK lenders to help you identify suitable funding options without the bias of a single bank or direct lender. Whether you are seeking unsecured business loans, tailored asset finance, or equipment finance, comparing providers ensures you secure funding matched to your commercial goals.