Forward Advances believe that financing for digital SMEs simply doesn’t work as well as it should – and that means that many great businesses don’t reach their potential. Our goal is to help online digital businesses grow by making funding more accessible and supportive.
Our values aren’t just flashy slogans. They’re core beliefs that mean we prioritise our customers and partners first to build great long-term relationships founded on shared success, fairness and trust.
Forward Advances was started in 2019 by early stage venture fund Forward Partners.
We fund eCommerce, SaaS, Marketplaces and Apps companies ranging in monthly revenue from £10k – £1m. Our funding is used to increase spending on marketing or inventory to aid growth of an online business’ revenue. The company in turn repays us through the future revenue they generate.
We charge a one-off fixed fee for this service, and it typically takes 1-5 days to get funded. We ask companies to connect their payment processor and open banking. We also often like to get a copy of management accounts and a balance sheet to speed up the process.
Businesses like working with us because we offer fair and flexible capital and we offer a community of experts who can help advise on how to continue growing their business.
We’ve built our business to help you succeed. Whether you’re seizing an opportunity, supplying demand, or looking for your next growth channel. Our team – and Forward’s not-for-profit start-up studio are here to offer you more than money.