Service Overview
A business loan provides your company with the capital it needs to expand, manage cash flow, or invest in new equipment and technology. We offer both secured and unsecured business loans from a wide panel of traditional banks and alternative lenders, ensuring you get the most competitive rates and terms tailored to your business model.
Eligibility Criteria
- Business must be registered and operating in the UK.
- Minimum trading history (typically 6-12 months, though startup options exist).
- Minimum monthly turnover requirements (varies by lender).
- Directors must have a reasonable credit profile.
- Clear purpose for the loan (e.g. expansion, stock purchase).
Required Documents
- Last 3-6 months of business bank statements.
- Latest full sets of filed accounts.
- Management accounts (if the last filed accounts are more than 6 months old).
- Proof of ID and Address for all directors and major shareholders.
- Business plan and financial projections (for larger or startup loans).
Process / Workflow
- Needs Analysis: We determine the type of loan (unsecured, secured, revolving) that fits your needs.
- Lender Matching: We identify the lenders most likely to approve your application at the best rates.
- Application Submission: We help you prepare and submit a professional loan proposal.
- Underwriting: The lender reviews your business performance and creditworthiness.
- Offer & Acceptance: You receive a loan offer detailing interest rates, fees, and repayment terms.
- Funding: Once signed, funds are typically transferred to your business account within 24-48 hours.
Benefits of the Service
- Unsecured Options: Access capital without putting up personal or business assets as security.
- Competitive Rates: We negotiate with multiple lenders to drive down your borrowing costs.
- Expert Support: We handle the complex application process, increasing your chances of approval.
- Fast Turnaround: Get the funds you need quickly to seize business opportunities.