Case Study: Pale Tree accelerates CBILS funding applications with Fundingo

Pale Tree - Customer Case Study

Pale Tree, a UK lender under the Coronavirus Business Interruption Loan Scheme (CBILS), needed a fast way to launch a portal for small businesses to apply for funding during the pandemic. To meet urgent demand and reduce red tape, they worked with FUNDINGO and CloudMyBiz to create a simpler loan application process.

FUNDINGO helped Pale Tree quickly build an application environment using prototyping tools and a streamlined information-gathering process for revenue, outstanding loans, and financial statements. The solution enabled Pale Tree to accept applications faster, improve development speed, and ultimately distribute over £250 million in funding to small businesses.

Pale Tree