London-based Uncapped, a fintech company transforming the funding landscape for digital entrepreneurs and high-growth businesses, has successfully secured a £200 million debt facility. The financing comes from funds managed by affiliates of Fortress Investment Group LLC, marking a continuation of the long-term partnership between the two organizations.
Uncapped stands out by offering businesses the opportunity to access £10,000 to £10 million in capital, enabling them to scale their operations efficiently. What sets Uncapped apart is its streamlined application process, with applicants receiving a decision within 24 hours, all without the need for personal guarantees or surrendering equity. This financing model is designed to offer founders convenient and cost-effective access to working capital precisely when they need it most, facilitating business growth.
This short-term financing option proves highly advantageous for businesses with working capital needs, whether it's bridging seasonal gaps, investing in expansion opportunities, or covering unexpected expenses.
Founded in 2019 by Asher Ismail and Piotr Pisarz, Uncapped leverages advanced technology, data analytics, and adaptable funding solutions to empower entrepreneurs. The company's mission is clear: to foster the growth and innovation of digital brands, propelling economic advancement and industry transformation.
Uncapped's positive impact has extended to more than 1,000 founders across various sectors, including e-commerce, direct-to-consumer (DTC), fashion, software as a service (SaaS), gaming, and app development. While its services span multiple countries, Uncapped operates in the United States, United Kingdom, Germany, Spain, and Poland.
Notably, Uncapped has supported a diverse group of founders in their entrepreneurial journey. For instance, the company provided £1.95 million in funding across ten facilities to NutriPaw, a pet supplement brand launched by dog enthusiasts Adelina and Connor in 2020. Thanks to this support, NutriPaw experienced a remarkable 5x growth in just nine months and explored new avenues for expansion with the introduction of new products and expansion into new regions.
Piotr Pisarz, CEO, and founder of Uncapped, expressed his enthusiasm regarding the £200 million debt facility, highlighting the opportunity it provides to extend their reach and support even more digital businesses. He emphasized their commitment to fueling the success of innovative businesses by offering tailored funding solutions aligned with their unique needs.
Ola Eriksson, Managing Director at Fortress, acknowledged Uncapped's remarkable ability to unlock funding opportunities for digital businesses, underscoring their shared commitment to empowering entrepreneurs. He expressed excitement about supporting Uncapped's vision and the anticipation of the company's continued impact in these transformative economic times.