Key Features:
- Fast, flexible unsecured loans that can be used for any purpose to include working capital, stocking finance, asset purchases, expansion capital and one off business expenses;
- Advances typically from £5K to £250K with fixed monthly repayments spread from 6 months up to 5 years;
- Unsupported personal guarantees are required from the Directors of Companies;
- Loans are available to sole traders and partnerships;
- A fixed establishment fee is payable which is normally added to the loan to assist cashflow.
Key Benefits:
- Loans can be arranged quickly and available for any purpose;
- Enables expenditure made now to be spread over up to 5 years;
- No need to provide tangible security;
- All the costs of the loan are known up front due to the fixed monthly repayments which assists with budgeting.
Please contact us to discuss commercial loan arrangements for your business.