Small business lender Fleximize launches rate comparison tool New tool enables small businesses to compare the cost of borrowing on a range of different rates to ensure they get the best deal Written by Henry Williams Published on 2 February 2017 Our experts We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Written and reviewed by: Henry Williams Direct to your inbox Sign up to the Startups Weekly Newsletter Stay informed on the top business stories with Startups.co.uk’s weekly email newsletter SUBSCRIBE Fleximize, the alternative small business lender founded by Peter Tuvey, has launched a comparison tool to help UK small and medium-sized businesses get a fairer deal on their finance.With commercial finance providers not obliged to disclose their annual interest rate or any other comparable rate of funding, Fleximize claims its service helps businesses compare the cost of borrowing on a range of different rates.This means they can compare the cost of one quote that’s based on a factor rate and another that’s based on a monthly interest rate.Tuvey commented: “At Fleximize, we believe that business finance should be fairly priced fairly and transparently, With some lenders hiding the cost of their loans behind unconventional rates, business owners can end up paying more than they thought for their funding.“We hope that our rate comparison tool will educate business owners about these less conventional rates, and ensure that they get the best possible deal for their business.” Share this post facebook twitter linkedin Written by: Henry Williams