Hexa Finance

What Hexa Finance does

Hexa Finance is a UK-based commercial finance broker founded in 2020 by Ben Davies and Stuart Mason, headquartered in Newport, Wales, and operating as a credit intermediary rather than a lender. It is authorised and regulated by the Financial Conduct Authority (FRN: 974633) and connects SMEs to a panel of multiple lenders across asset finance (hire purchase, lease/rental, asset refinance), invoice finance (up to 90% of invoice value released day one), business loans (from £5,000 unsecured to £10 million secured, terms of 3 months to 10 years), and merchant cash advance. The company has no minimum deal size and does not charge customers directly, earning instead through commission on brokered agreements and documentation handling fees.

The business operates through two principal go-to-market motions: a direct SME sales channel led by Head of Direct Daniel Barton with a network of Growth Advisors across Wales and Scotland, and an indirect channel called Lease Desk — an outsourced finance function for B2B technology providers (telecoms, IT, managed print, MSPs) that manages funder relationships, credit approvals and customer liaison on the supplier's behalf. A white-label variant, DFinance, was co-developed with Develop (printing equipment) in August 2024 and bundles the proprietary Uni-Doc universal document system with Lease Desk services for Develop's reseller network. An internal training programme, Hexacademy, supports staff development and partner enablement.

Revenue is generated through commission on brokered finance agreements and managed services revenue from the Lease Desk proposition. Since founding in 2020 from a log cabin in co-founder Ben Davies' garden, the firm claims to have supported over 3,000 UK businesses across 27 sectors, with senior hires from NatWest, BNP Paribas, Santander, Macquarie and Allied Irish Bank. The company has been bootstrapped without disclosed external funding, and is pursuing national UK expansion from its Welsh base, with Scotland coverage launched in late 2025 and a Southampton partnership via Octa Finance announced in February 2025.

Name

Hexa Finance

Legal name

Hexa Finance Limited

Website

https://hexafinance.co.uk

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Hexa Finance is a UK FCA-regulated commercial finance broker founded in 2020, broking asset finance, invoice finance, business loans, and merchant cash advance to SMEs, and providing outsourced Lease Desk services to equipment suppliers through a panel of lenders.

Ownership category

akta.pro rank

Headquarters

HQ city

Newport

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel

Revenue model

1. Credit Broking Commission: Hexa Finance acts as a credit broker (not a lender) and earns commission from lenders on the panel for arranging finance agreements. Commission is received either as a fixed fee per agreement or a fixed percentage of the amount borrowed. Additional fixed payments may be received for handling documentation on behalf of lenders.
2. Lease Desk Outsourced Services: Outsourced finance operations services for equipment suppliers and B2B technology providers. Hexa manages funding lines, credit approvals, and funder relationships on behalf of supplier partners, providing them with access to lenders without in-house finance expertise.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels10 records

Core offering

Hexa Finance is a UK-based commercial finance broker that arranges asset finance, invoice finance, business loans and merchant cash advances for SMEs through a multi-lender panel, while also providing outsourced Lease Desk services to equipment suppliers (IT, telecoms, managed print) and a co-branded DFinance offering for Develop's printing reseller network. Revenue is generated via commissions received from lenders on arranged agreements.

Product overview

Hexa Finance is a business finance broker offering a portfolio of commercial finance products and consultancy services. The core products include Asset Finance (hire purchase, lease/rental, asset refinance), Invoice Finance, Business Loans, and Merchant Cash Advance. These are delivered through two channels: direct customer relationships and indirect supplier partnerships. The Lease Desk service provides outsourced finance operations for B2B technology providers (telecoms, IT, managed print), while DFinance is a white-label financing tool developed specifically for Develop's printing reseller network. Hexacademy is the company's internal training and partner education programme.

Differentiator

Problem solved

Functional benefit

Brands

• DFinance: A financing option designed specifically for Develop's network of printing resellers and their customers, offering streamlined finance solutions.
• Hexacademy
• Lease Desk

Products and services

• Asset Finance Finance solution that enables UK SMEs to spread the cost of business-critical equipment through hire purchase, lease/rental, or asset refinance. Covers vehicles, plant and machinery, and office equipment, allowing businesses to refinance existing owned equipment to free up working capital.
• Invoice Finance Facility that allows UK SMEs to release cash from unpaid invoices, providing up to 90% of invoice value on day one to improve cash flow, reduce debt chasing effort, and refocus on the core business.
• Business Loans Unsecured and secured loan products for UK SMEs ranging from £5,000 to £10 million with terms from 3 months to 10 years, covering working capital, expansion capital, stock purchase, and property acquisition.
• Merchant Cash Advance Short-term finance option where businesses receive a lump sum upfront, repaid via a percentage of future card sales, suited to businesses with high card sales volume.
• Lease Desk Outsourced finance operations service for B2B technology providers including telecoms, IT, managed print, MSPs and technology resellers/distributors. Hexa manages funding lines, lender relationships and credit approvals so suppliers can offer finance without in-house expertise, with some cases receiving same-day payouts.
• DFinance White-label financing solution developed in partnership with Develop for Develop's network of printing resellers and their customers, featuring the Uni-Doc universal document and a dedicated Lease Desk service for streamlined finance applications.

Quantifiable outcome

• Over 3,000 UK businesses supported across 27 industry sectors since 2020
• +2 more outcomes

Named customers19 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Octa FinanceminorChannel Partner/ Reseller/ Distributor · 3 February 2025Strategic partnership with newly established commercial finance firm based in Southampton, expanding Hexa's regional coverage and presence in the UK.
• DevelopcoreStrategic or Co-development Partner · 6 August 2024Hexa Finance partnered with Develop (printing equipment brand) to create DFinance - a unique financing option designed specifically for Develop's network of printing resellers. The partnership includes Uni-Doc (universal document system) and Lease Desk services for resellers and their customers.
• Guild of Business Finance ProfessionalsminorStrategic or Co-development Partner · 19 July 2024Co-founder Ben Davies and General Manager Jason Davies joined as founding members in launch of The Guild of Business Finance Professionals, focused on standards and ethics across the industry.
• Noah's Ark Children's Hospital CharityminorOthers · 24 June 2024Hexa Finance announced charity partnership with Noah's Ark Children's Hospital Charity, officially launching at Hexa's charity golf event with proceeds donated to the charity.
• Founded & Grounded PodcastminorGTM or Marketing Partner · 22 November 2023Hexa Finance joined as key sponsor of Founded & Grounded, the UK's No.2 startup podcast (top 5% globally) delving into raw and honest founder life topics.
• RDP LawminorStrategic or Co-development Partner · 30 August 2023Hexa Finance welcomed into RDP Law's Newport office at Wentwood House, Langstone Business Village. Shared office space arrangement with legal services provider, enhancing capacity to meet clients' diverse needs.
• Pier Energy SolutionsminorStrategic or Co-development Partner · 21 August 2023Collaboration to enable clients to invest in Pier's Heat Transfer Fluid Technology (nanotechnology for 25% energy consumption reduction). Hexa provides funding arrangements for client projects; Future Leap acts as sustainability experts on projects.
• Future LeapminorStrategic or Co-development Partner · 21 August 2023Sustainability experts collaborating with Hexa and Pier Energy Solutions on green technology projects, ensuring clients benefit from sustainable funding options.
• Ideal4FinancecoreStrategic or Co-development Partner · 12 June 2023Joint venture Ideal4Finance Commercial between Ideal4Finance (Preston, consumer finance broker with 15 years experience) and Hexa Finance (Newport). Combines Ideal4Finance's client-facing technology and lead generation with Hexa's commercial finance expertise to transform commercial broker/client relationships.
• 2B EnterprisingminorGTM or Marketing Partner · 1 January 2022Community partnership supporting The Bumbles of Honeywood Enterprise Programme in local schools. Hexa delivers enterprise education to Pentrepoeth Primary School year 2 class, teaching business skills through commerce-focused resources and workshops.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Liberis: UK revenue-based finance provider for SMEs, embedded in payment processors and software platforms. Comparable SME target market and merchant-cash-advance-style product, with a fintech-led distribution approach.
• Rangewell: UK commercial finance broker serving SMEs with business loans, asset finance, and invoice finance via a panel of lenders. Comparable GTM, customer base, and product set to Hexa.
• Capify: UK alternative finance provider offering working capital and business loans to SMEs. Targets a similar small-ticket SME segment as Hexa and competes in the same broker-and-direct funding space.
• Fleximize: UK alternative business finance provider offering flexible loans and revolving credit to SMEs. Comparable customer segment and product focus to Hexa's unsecured and secured business loan offerings.
• LDN Finance: London-based commercial finance broker arranging asset finance, business loans, and invoice finance for UK SMEs through a multi-funder panel. Closely matches Hexa's broker model, customer segment, and product mix.
• Nucleus Commercial Finance: UK commercial finance broker offering asset finance, invoice finance, and business loan broking services to SMEs. Operates with a similar multi-lender panel model and target customer profile to Hexa.

Emerging players

• iwoca: UK fintech business lender offering flexible credit lines and term loans to SMEs using AI-driven instant decisions. Competes with Hexa on smaller-ticket business loans where speed and direct digital experience can substitute for broker-led advice.

Broad incumbents

• White Oak UK: One of the UK's largest independent asset finance providers, offering hire purchase, leasing and refinancing. A direct funder on broker panels (including Hexa's), it competes upstream with Hexa on direct customer relationships.
• Funding Circle: UK-listed business lending platform originating loans directly to SMEs. Represents a direct alternative to the broker channel for SME borrowers and a competitive threat to Hexa's intermediary position.
• Bibby Financial Services: Major UK and international invoice finance provider serving SMEs. Competes with Hexa's invoice finance offering as both a direct funder and a panel partner, with much larger scale and balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/hexafinance
• Facebookfacebook.com/hexafinancelimited
• LinkedInlinkedin.com/company/hexa-finance-limited
• Instagraminstagram.com/hexafinance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hexa Finance