FUNDINGO

Pale Tree Case Study

How Pale Tree Distributed £250M+ in CBILS Funding During the Pandemic

Needed to rapidly build an application portal during a crisis? Pale Tree launched their CBILS lending program with FUNDINGO's rapid development approach.

See FUNDINGO in Action
Pale Tree
£250M+
Funding distributed
To UK small businesses
Fast
Development cycle
Rapid prototyping approach
CBILS
Accredited lender
UK Government program

About Pale Tree

Pale Tree is an accredited lender under the UK government's Coronavirus Business Interruption Loan Scheme (CBILS). Their mission is to help smaller businesses get the financing they need with "as little fuss as possible"—eliminating red tape to make it faster and more convenient for clients to access loans.

The Pandemic Response Challenge

When Pale Tree acquired a UK company, they gained access to participate in the CBILS program. To successfully fund small businesses in need during the pandemic, they needed to rapidly build a portal for small business owners to apply and receive funding.

The biggest challenge was finding a quick way to create an environment for small business owners to apply—and give Pale Tree the ability to accept many applications at once.

Transforming Operations with FUNDINGO

Before FUNDINGOAfter FUNDINGO
  • ✕No portal for CBILS applications
  • ✕Extensive wait for traditional development
  • ✕Urgent pandemic timeline pressure
  • ✕Limited capacity to process applications
  • ✓Rapid prototyping with wire-frames
  • ✓Faster development cycle
  • ✓Efficient eligibility data collection
  • ✓£250M+ distributed to small businesses

Ready to launch your lending program rapidly?