Make It Cheaper completes acquisition of Think Business Finance

11/09/2019
Read Time: 2 Min

ECI portfolio company Make it Cheaper (‘MIC’) has acquired Think Business Finance, a fintech-driven commercial lending specialist for UK SMEs.

Chelmsford-headquartered Think Business Finance helps businesses to borrow money more cheaply and easily through a combination of state-of-the-art matching and tendering platforms and expert lending managers. Think Business Finance supports the full range of SME commercial lending requirements from commercial property to asset based, invoice finance, unsecured and short and medium-term funding. By acting as an intermediary between finance providers and SME borrowers, Think Business Finance can help them achieve better terms on their financing deals by matching them with the lender that best suits their financial situation. 

This will be MIC’s fourth bolt-on acquisition since ECI invested in the Company in 2017 and strengthens MIC’s position as the leading provider of price comparison switching services to UK SMEs, including energy, telecommunications, insurance, and now finance.  

Think Business Finance was founded and is managed by Jamie and Ian Stewart, who will be staying on to run the business. 

MIC CEO Paul Galligan said:

At MIC we are building the leading platform for businesses to lower their costs on all their business essentials. Whether it’s energy, broadband or insurance, switching is a proven way of lowering bills. By partnering with Think Business Finance, we can now offer our customers even more ways to save time and money. This is our fourth bolt-on since partnering with ECI and we look forward to expanding our offering as we continue to grow the business.Paul Galligan MIC CEO

Jamie Stewart, CEO at Think Business Finance, added:

We are excited to partner with Make it Cheaper. Joining forces will enhance our product offering, helping our customers save even more, while at the same time Make it Cheaper will be able to provide our customers with more solutions to help them run their businesses more efficiently.

Jamie Stewart

CEO at Think Business Finance

ECI Partner Richard Chapman commented:

MIC is already generating excellent organic growth and today’s platform deal will help the company serve even more SMEs than before. We look forward to supporting MIC as it becomes the UK’s number one switching provider for ambitious, entrepreneurial businesses.

Richard Chapman 

ECI Partner

About the author

Richard Chapman

"I enjoy leading deals at ECI and have invested in lots of different areas including healthcare, restaurants, business services and tech-enabled services, to name a few. A large part of my role is post-investment, helping companies continue their growth organically and through acquisition, both in the UK and internationally."

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