About us

How We Work

FUNDING ROUND was established by a group of ex-banking sector colleagues with 30+ years finance experience, servicing the SME business finance market.

Whether it’s finance for equipment, vehicles or property, freeing cash tied up in assets, invoice finance or even a new credit line for general business investment, we would like to talk to you. Even odd-ball finance deals that you need help with, are our bag! Talk to us and we can help find a solution.


Our success is based upon the delivery of simple, easy and low cost but bespoke business finance negotiated on your behalf by professional industry specialists. We still work with that old fashioned ‘people first’ attitude for service and relationship.

We provide a local service and a personal experience. We want you to recommend us to other business people which means that we must (and do) always strive to get it right first time!


Based in Newark, Notts, we are a local, independent business finance credit broker, offering a personalised service for local business clients.

We have a ‘can do’ attitude and a problem solving approach – if it can be done for you, we will find a way! (If for whatever reason, we can’t deliver a solution for you, we will be able to find someone who can!)

What can you expect from us?

  • A speedy turnaround – some deals can be finalised within 24 hours
  • Personalised service – there is no ‘off the shelf’ deal with us, we look for the best option for you (and sometimes that can be a surprise to you!)
  • We will keep you informed of progress and we are easy to contact
  • We are your strongest ally, your personal advocate in the complex world of banking and finance
  • Cost effective – often we earn our income from the funder, so there may be no cost to you
  • Professional – we take our regulatory responsibility seriously and always ensure that we operate to the highest professional standards

Meet the Team

Funding Round's Ray Purvis

Ray Purvis

With a lifetime’s experience of corporate finance, working in the banking and broking sectors, I have negotiated and secured all kinds of finance for all types and sizes of businesses.  Never a dull day – perhaps starting with a £1m+ leasing deal for a multi-national in the morning and switching to a £20k fit-out of a new-start coffee shop in the afternoon! I thrive on the variety and enjoy helping all businesses to finance their purchases without involving or compromising existing bank facilities.

I take time to understand your business objectives before presenting finance solutions for you – it is important that I understand your long term goals, and help guide as well as solve your immediate finance needs.

When I’m not working I try to keep fit – not least to try to keep up with my sports-mad son who plays football to a high standard. Any spare time is spent on DIY projects, at the theatre or concerts, enjoying the company of friends or watching a sporting event! And finally I am working hard at eccentricity – I empathise with Richard Littlejohn as well as Jeremy Clarkson, and am apparently rapidly turning into Victor Meldrew – but I don’t believe it!

Funding Round's Lucy Painter

Lucy Painter

My background is people – understanding them and ensuring they are motivated and engaged in the business. So how does this fit into finance? It’s all about customer service and that is key to how I work. I strive to deliver a great customer experience for all our clients, regardless of the deal size.

On a day-to-day basis I am making sure that people are hearing about FUNDING ROUND – clients, funders and strategic partners alike. So it’s marketing, business development and networking all rolled into one!  I also ensure that the business remains compliant as we are regulated by the FCA, and without that we can’t operate.

When I’m not in the office, I am taxi driver to our two sons, often meaning I am on the side-lines of some sporting event. Rugby is a great part of our lives and I manage approximately 30 9 year olds on a weekly basis during the season – a glass of wine is often needed at the end of those days! And in my spare time …. what spare time? If there is any, I might be pottering in the garden (or trying to keep Ray in check!)

Funding Round's Bob Nix

Bob Nix

I’m a qualified mechanical engineer and a co-founding director and now executive chairman of a long-established, successful engineering services company in the East Midlands. My experience as a business leader and regional business ambassador adds depth to FUNDING ROUND’s board. I take an active involvement in the business, both from an oversight and support perspective but also championing the use of alternative finance arrangements with other business leaders – I have used appropriate and selective financing options to grow our business over the past 30 years, and without it the business wouldn’t be the success it is today.

Work between the two businesses takes up quite a bit of my time, but I still manage to squeeze in regular DIY projects with our self-build and am a keen follower of F1 motorsport. Otherwise you might find me hill walking!

Strategic Partners

We are always looking for partners who can help our clients with their business goals and operations. We ensure that all partners are sound businesses and have a similar customer service ethos to us. But at the end of the day, these are only our recommendations and you know what is best for your business – you decide!

National Association of Commercial Finance Brokers (NACFB)

National Association of Commercial Finance Brokers (NACFB)

The NACFB is the UK’s trade body for business finance brokers.

Start Up Loans

Start Up Loans

The Start Up Loans Company is a subsidiary of the British Business Bank and deliver the Government’s Start Up Loans programme. They provide finance and support for new and growing businesses (less than two years trading) who might struggle to access other forms of finance. As their affiliate, we can guide you through the application process.

1st Leasing

1st Leasing

1st Leasing has over 20 years’ experience in the motor trade. Based in Nottingham in the East Midlands, they are well placed to supply cars and vans throughout the UK. Whether you are looking for a single vehicle or run a large fleet, 1st Leasing is committed to providing you with an outstanding service and offer the best prices available in the UK.