The iOS app is available on the App Store and allows users to connect their business to Think Business Loans’ funding platform from their smartphone or tablet.

This will enable companies to match their business with over 200 commercial lenders and receive live business loan and finance offers.

Once connected, users will be able to see eligible credit lines based on real-time financial data.

The platform will feed any lender or product endorsements directly to Think Business Loans’ lender partners, who can then process the funds.

For amounts under £15,000, clients can often receive the funds within hours.

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Features of the app include access to rates without a credit check, Open Banking connectivity and a current finance application progress section.

Jamie Stewart, director at Think Business Loans (pictured above), said: “This is a real milestone for Think, our clients and our lender partners and one which we believe has re-written the way businesses can now access their accurate commercial finance options. 

“We’ve spent the last three months testing the app in beta stages, and since launch have over 2,200 live users engaging with lenders and offers. 

“We’re extremely excited to watch our platform develop as we bring on more lenders and, of course, help more clients access the funds they need to grow and achieve their goals.”