FundIQ

What FundIQ does

FundIQ B.V. is a Dutch private debt provider founded in 2014 by Derek de Broekert and Mirjam Terhorst, both formerly of Rabobank's investment arm. The company extends secured and unsecured loans ranging from EUR 1 million to EUR 4 million with 2-6 year terms to established, profitable Dutch SMBs (MKB) that require growth capital, innovation funding, working capital, acquisition financing, or recapitalization beyond what traditional banks can provide. Its underwriting is differentiated by a cash flow-based assessment methodology rather than a collateral-first banking approach, supported by a structured five-step process (application and initial analysis, company visit, termsheet, research and documentation, and disbursement with ongoing management) that yields 48-hour initial feedback and a 2-3 week total cycle.

The product portfolio has evolved from a single mezzanine product into a full debt stack, comprising mezzanine, unitranche, and stretched senior financing, plus access to the Dutch government's BMKB-C scheme (67.5% guarantee). FundIQ operates as the manager of FundIQ Mezzanine I, its first dedicated fund of slightly more than EUR 30 million launched in December 2016, financed by family offices, small institutional parties, and wealthy individuals and supported by a Dutch Ministry of Economic Affairs guarantee. The firm holds the Erkend MKB Financier quality mark (since October 2019) and is a founding partner of Stichting MKB Financiering.

FundIQ generates revenue primarily through interest and fees on originated loans and fund management economics on its managed capital. The company serves Dutch SMBs with at least EUR 2 million in turnover and 10+ employees across use cases such as autonomous growth, innovation, acquisitions, and recapitalizations. Its 4-person investment team brings prior experience from Rabobank, Deloitte, Norton Rose Fulbright, Van Lanschot Bankiers, and Belsimpel, and financed borrowers gain access to a knowledge network of experienced entrepreneurs and professionals. The company is headquartered in Amstelveen and serves the Netherlands only.

Name

FundIQ

Legal name

FundIQ B.V.

Website

https://fundiq.nl

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

FundIQ is a Dutch private debt provider offering mezzanine, unitranche, and senior loans of EUR 1-4 million to established, profitable SMBs in the Netherlands. It uses a cash flow-based underwriting approach and manages its own fund.

Ownership category

akta.pro rank

Product category

SMB Lending / Private Debt

NAICS

Other Investment Pools and Funds (5259)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• SMB lending
• Mezzanine financing
• Private debt
• Cash flow lending
• Alternative financing

Headquarters

HQ city

Amstelveen

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans: FundIQ generates revenue through interest and fees on secured and unsecured loans ranging from €1,000,000 to €4,000,000 with terms of 2-6 years. The company offers various loan types including mezzanine, unitranche, and senior secured/unsecured financing.
2. Fund Management: FundIQ Mezzanine I was launched as a dedicated fund with over €30 million in capital, financed by family offices, small institutional parties, and wealthy individuals. The company manages these funds to provide loans to Dutch SMBs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

FundIQ is a Dutch private debt provider that offers secured and unsecured loans ranging from €1,000,000 to €4,000,000 with terms of 2–6 years to established, profitable Dutch SMB (MKB) companies. The company evaluates borrowers primarily on cash flow and future prospects rather than collateral, providing mezzanine, unitranche, and (stretched) senior financing to fill the financing gap left by traditional banks.

Product overview

FundIQ operates as a private debt solutions provider for Dutch SMB (MKB) enterprises, offering a portfolio of loan products including FundIQ Mezzanine I (the original subordinated loan fund launched in 2016), along with expanded offerings of unitranche and (stretched) senior financing. The company provides both secured and unsecured loans with amounts ranging from €1,000,000 to €4,000,000 and terms of 2–6 years. FundIQ positions itself as an alternative to traditional banking, focusing on cash flow analysis rather than collateral requirements, and is recognized as an 'Erkend MKB Financier' by Stichting MKB Financiering since 2019.

Differentiator

Problem solved

Functional benefit

Brands

• FundIQ Mezzanine I: The company's first investment fund launched in December 2016, providing subordinate loans to Dutch MKB companies with a size of slightly more than EUR 30 million.

Products and services

• FundIQ Mezzanine I The company's first dedicated investment fund providing subordinated (mezzanine) loans to Dutch SMB enterprises, financed by family offices, institutional investors, and wealthy individuals.
• Mezzanine Financing Subordinated loan product offering flexible financing for Dutch SMB growth, innovation, acquisitions, or recapitalization, with secured and unsecured options, principal amounts of €1,000,000–€3,000,000, and terms of 2–6 years.
• Unitranche Financing Combined debt product blending senior and subordinated debt characteristics, offered as part of FundIQ's expanded product palette to provide complete financing solutions for SMB customers.
• Senior Financing (stretched) Stretched senior debt product added to FundIQ's offerings, designed to provide a complete solution for SMB customers with financing needs between €1,000,000 and €4,000,000.
• Secured Loans Loans backed by collateral or securities, offered alongside bank credit facilities to Dutch SMB enterprises needing additional financing beyond traditional banking.
• Unsecured Loans Loans provided without direct collateral requirements, based primarily on cash flow analysis and future prospects of the SMB enterprise.
• BMKB-C Financing Government-backed financing under the BMKB-C crisis scheme where the Dutch government provides a 67.5% guarantee, enabling faster access to financing for Dutch SMB enterprises facing liquidity problems.

Quantifiable outcome

• 48-hour initial feedback on propositions
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• Stichting MKB FinancieringcoreStrategic or Co-development PartnerFundIQ is one of the first partners of Stichting MKB Financiering (SME Financing Foundation), an independent organization established to contribute to the professionalization of the alternative financing sector and improve access to customer-oriented financing for entrepreneurs. FundIQ has been a Recognized SME Financier since October 2019.
• Dutch Government (Rijksoverheid/RVO)coreStrategic or Co-development PartnerFundIQ received accreditation from the Dutch government for the BMKB-C scheme (Borgstelling MKB Kredieten). Under this scheme, the government provides 67.5% guarantee for financing. FundIQ was rapidly admitted to this scheme based on their prudent approach and status as a Recognized SME Financier.
• Minister Henk Kamp (Ministry of Economic Affairs)coreStrategic or Co-development PartnerThe Dutch government, through Minister Henk Kamp, supported FundIQ Mezzanine I with a guarantee to attract new investors and broaden financing options for SMBs. The government recognized the importance of alternative financing options beyond bank loans for SMBs.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Collin Crowdfund: Dutch alternative-finance platform that funds Dutch SMBs through crowdfunded loans and credits. Direct competitor in the same addressable market with similar mid-market loan sizes and focus on growth-stage Dutch SMEs.
• Floryn: Dutch fintech offering working-capital lines of credit and term loans to European SMBs. Competes head-to-head with FundIQ in alternative SMB financing in the Netherlands using a fast, digital-first underwriting process.
• iwoca: European fintech providing flexible credit lines and term loans to small businesses across the UK, Germany and Spain. A direct alternative SMB lender with comparable technology-driven underwriting and ticket sizes relevant to FundIQ's offering.
• CapitalBox: European online lender providing working-capital credit lines and term loans to SMBs across multiple European geographies. Operates in adjacent European SMB lending markets and competes for similar mid-market borrowers.
• BridgeFund: Dutch non-bank lender providing short-term working-capital financing and business credit to Dutch SMBs. Competes in the same Dutch MKB alternative-financing market with a comparable sales-led origination model.

Broad incumbents

• Funding Circle: UK-headquartered SMB lending marketplace operating across the UK, US, Germany and the Netherlands. A larger, broader incumbent serving the same alternative SMB financing need that FundIQ addresses, with much greater scale and brand recognition.
• Rabobank: The Netherlands' largest cooperative bank and dominant SMB lender. The traditional incumbent whose collateral-focused credit limits FundIQ was founded to address; co-founders Terhorst and de Broekert are both Rabobank alumni.
• ABN AMRO: Major Dutch universal bank with a significant SMB-banking franchise. A broad incumbent that competes for the same Dutch mid-market lending relationships; tightening credit standards at incumbents drive demand for FundIQ.
• Kabbage (American Express Business Blueprint): US SMB working-capital lender acquired by American Express. A larger, established SMB fintech lender using cash-flow and data-driven underwriting analogous to FundIQ's methodology, illustrating the strategic exit and scale path available.

Emerging players

• Lendio: US-based SMB lending marketplace aggregating multiple non-bank credit products. Useful comparable for understanding the SMB alternative-lending business model and unit economics, though focused on the US market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fundiq

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 FundIQ