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The two will work together to ensure that SMEs are able to secure both debt-based and equity-based finance through either platform.
Rhydian Lewis, CEO at RateSetter, said: “The success of small and medium-sized businesses is vital to the UK economy.
“Businesses need funds to raise productivity, grow and create jobs, yet traditional finance providers have retreated from this sector leaving customers high and dry.
“By collaborating to bring together our complementary propositions, RateSetter and SyndicateRoom can better help businesses obtain the right type of finance for their specific needs and circumstances in a timely manner.”
Gonçalo de Vasconcelos, CEO at SyndicateRoom, added: “SMEs have so much to offer Britain.
“They provide the kind of innovation that can transform our society for the better, which means that their growth is vital to the UK.
“We’re proud to have come together with RateSetter, to find a way of supporting that growth.”
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