NimbleFins Review of Fleximize Business Loans

NimbleFins Review of Fleximize Business Loans

Fleximize is a business lender set up to help small businesses get the funding they need to grow. They have an amazing 4.9 out of 5 rating on Trustpilot. But are their loans right for your business? Let’s take a closer look.

Good for

  • Rates from 0.9% per month
  • Flexible top-ups and repayment holidays available
  • Penalty-free promise means no early repayment fees
  • Most businesses receive funds within 24 hours
  • No setup and arrangement fees
  • Rated 4.9 out of 5 on Trustpilot

Bad for

  • Range of business loans is limited
  • Fairly high interest rates starting at 0.9% per month
  • Short terms for new businesses
  • Limited options if you’re not a homeowner

Editor's Rating


Fleximize launched in January 2014 to help business owners find flexible finance to suit their needs. They aim to provide business owners with easy access to funding, without the pressure that comes from tight repayment deadlines.

In This Review

Get a small business loan with Iwoca. Apply now.

Get started

  • Borrow from £1,000 to £200,000 over 12 months
  • Repay early with no fees
  • Decisions in 1 working day
  • Help from a dedicated account manager

Fleximize overall review

As the name suggests, Fleximize specialises in flexible loans for small businesses. They’ve achieved an amazing rating of 4.9 out of 5.0 on Trustpilot with many customers commenting on the easy application process and the helpful customer services team.

If you apply for a Fleximize loan, you’ll be eligible to apply for a top up after only 3 repayments and newer businesses can apply for a loan after only 6 months of trading.

If you’ve struggled to get business funding elsewhere, then Fleximize loans might be a great solution. You’ll have a dedicated account manager to guide you through the application process and help if you have a query. Most businesses will get a fast decision and receive funding within 24 hours.

On the downside, Fleximize only offers short term loans of up to 12 months for newer businesses and 48 months for established businesses. Interest rates are also on the high side at around 0.9% to 3.9% per month.

Bottom Line

We are impressed by Fleximize’s amazing customer ratings, their easy to use website and their quick application process. If you’re a small business owner and you need quick, flexible finance, then Fleximize could be a good option to consider. You’ll get a very fast decision within 24 hours and could receive the funding you need within a few days.

Key features of Fleximize Business Loans

  • Loans for businesses with only 6 months’ trading
  • No set up or application fees
  • No early repayment penalties
  • Borrow up to 2 months’ revenue
  • Refinancing options available after 3 payments

Types of business loan available from Fleximize

Fleximize offers two main types of flexible business loan called Flexiloan and Flexiloan lite. Here are some more details.

Flexiloan business loan

Fleximize’s standard Flexiloan is designed for businesses that have been trading for more than 12 months. It can adjust to the needs of your business and can be used for any business purpose including improving cash flow, paying a VAT bill, purchasing stock or to fund business expansion.

Your business can borrow up to 2 months’ revenue and up to a maximum of £250,000 for an unsecured loan or £500,000 for a secured loan. This means if you normally have revenue of £50,000 you can borrow up to £100,000. If you’re not a homeowner, your borrowing terms are more limited. You’ll only be able to borrow a maximum of £20,000 for up to 36 months.

There are no set up, application or arrangement fees as long as you apply directly rather than going through a broker. Fleximize also has a penalty-free promise which means that they’ll never charge any early repayment fees, and you’ll save on interest if you repay early.

More established businesses that have been trading for longer than 12 months can borrow funds over a term of 3 to 36 months on an unsecured basis and 3 to 48 months on a secured basis. If you need refinancing, you may be able to apply for a top-up after three successful repayments. Interest rates are usually 0.9% to 2.9% per month.

Once you apply, Fleximize is usually able to approve applications within 24 hours and they can usually provide your funds within 24 hours.

Take a look at some real life case studies to see how Fleximize customers have used their business loans to help their businesses.

To find out more about flexible business loans work, check out our detailed guide on working capital loan.

Flexiloan lite

Fleximize’s Flexiloan lite is designed for newer businesses that have been trading at least 6 months. You’ll be eligible for a loan with repayment terms of up to 12 months. Because of their flexible refinancing policies, you’ll be able to apply for a standard Flexiloan with a longer loan term the next time you require funding. Interest rates are usually between 1.9% to 3.9% per month.

Summary of loan features

Here is a summary of the features of Flexiloans and Flexilite loans:

FlexiloanFlexiloan lite
Suitable forBusinesses trading for 12+ monthsBusinesses trading for 6+ months
Amount available£5,000 to £500,000£5,000 to £500,000
Terms available12 to 48 month terms3 to 12 month terms
Interest rates0.9% to 2.9% per month1.9% to 3.9% per month

How do I apply for a Fleximize loan?

Fleximize has a straightforward application process and you’ll be able to apply online in less than 5 minutes. Once your application is submitted, Fleximize will run credit checks on your business and directors and if you’re accepted they will ask you to send supporting documents including the following:

  • Bank statements for the last three months of trading
  • The most recent set of management accounts
  • Details of your last 12 months' revenue

You’ll be paired with a dedicated account manager who can help you if you have questions during the application period. Most customers receive a final decision within 24 hours and you could receive funds on the same day.

Customer ratings

Fleximize ratings & customer reviews

Fleximize ratings & customer reviews
Trustpilot reviews4.9 out of 5

But what do existing customers think about Fleximize and would they recommend them? We've searched through hundreds of online customer reviews to find out how customers found their experience with Fleximize.

Fleximize Trustpilot reviews

Fleximize has earned a truly impressive 4.9 stars out of 5 with Trustpilot reviewers.

Here are some of the recent reviews:

"Quick, efficient and a professional personal service, highly recommend if your looking for short term funding to assist with growth."

"Seamless communication through e-mail and phones calls, very help in explaining each step."

"Chelsea and the team at Fleximize were fantastic right from the get go and the onboarding of our business funding and set up was second to none. Easy, fast and a simple process that really defines these guys. Well done and thank you !"

"We used Fleximize for some short-term funding for our business and it was a very smooth process from start to finish. Our Relationship Manager Macauley was extremely helpful throughout and very prompt at answering any questions we had. We will definitely consider Fleximize again should we need to in the future."

"Excellent - this is the third time we have used Fleximize and would not hesitate to recommend to anyone."

"Fleximize was a pleasure to work with, extremely professional and knowledgeable and I am very happy with the loan they have organised for our company. The experience was hassle-free and I feel in safe hands with this excellent company. Thoroughly recommended."

"I made an application with [Fleximize] and within 48 hrs the money was in my Account. The time could have been shortened had we got back to them in time for whatever they were asking for. Very efficient, professional to deal with as they assign a [dedicated] manager to look after you. I would recommend Fleximize to any Organisation looking into getting a loan without any issues."

How to contact Fleximize

If you have a query then you can use phone or twitter to contact Fleximize. You can also find information on their website to help you decide if their loans are suitable for you.

Contact information for Fleximize:

Alice Guy

Alice Guy is a Suffolk-based business and personal finance writer. She trained with KPMG in London as a Chartered Accountant before working as a business analyst for Tesco Plc. Alice has personal experience surviving on a tight budget when she took time out to care for her young family. She loves to write about business finance, saving and investing—all the money stuff we were never taught at school.