SME Business Loans Simple. Flexible. Better.

We provide loans ranging from £10,000.00 - £250,000.00 but each application is assessed on individual merit. Factors that play a part in our credit risk assessment are: Time Trading, Cashflow, Profit, Balance Sheet Info, Existing Exposure with other lenders, Business payment history, personal payment and credit history of the directors. We always strive to be realistic and not lead people up a garden path, promising the earth. A young business which makes a loss isn’t going to get as much money as a well-established, highly profitable business with a strong balance sheet. That’s the reality. But we help ALL types of businesses and we undoubtably should be able to find something for you.

There isn’t a one size fits all interest rate. All applications are assessed on their own merit. This is both logical from a risk point of view and also responsible both from a lending & borrower perspective.

In short, yes. But people often get confused with regards what this entails. A Personal or Directors Guarantee (PG or DG), is not a legal charge on your house or assets. It’s a legal promise from you the business owner to the lender that if the business fails to pay, you will help. A PG/DG does not show up on your personal credit file and it does not prevent you from selling your home and moving house.

Yes you can. But how much you have to pay varies from lender to lender. Some will want the full terms capital and interest, others will offer a percentage discount, some just want interest up to and including the point of settlement.

Nothing complicated that’s for sure. Business name, owners’ details, latest set of year end accounts, last 6 months business bank statements. That’s the standard, basic info and most of the time that will suffice. You could be asked for further info but again, it’s usually nothing to complicated or intricate.

Don’t ignore calls or emails. That’s rule number 1. Lenders aren’t in the business of going legal, so long as the lines of communication are open. They’re not monsters and will always work with you to find a solution.

Yes in most cases, we can provide a same-day decision.

The majority of applications receive an initial response within minutes and as long as we have the information we need, we’ll work quickly to give you a clear answer the very same day. Our goal is to keep things fast, simple and stress-free so you can focus on running your business.

Yes, recently established businesses can apply.

You’re more likely to receive an immediate response if you have at least 12 months of trading, as this gives lenders a clearer picture of your performance. However, we regularly secure funding for businesses with a shorter trading history too, as long as there are strong early trading results and solid supporting documents.

If that sounds like you, you’re welcome to apply and we’ll assess your case and explore the best options available.

Yes the entire application process is fully online.

You can complete your details through our online form and then email your documents over when you’re ready. Once we have everything, we’ll review your information and provide an initial decision quickly, often the same day.

If you prefer to speak to someone at any point, our team is always here to help, but you can progress the full application without needing any calls or physically sending bank statements in the post.

Yes we absolutely can consider applications from businesses that already have existing loans.

When you complete your details on our online form and email over your documents, we’ll review your current commitments and assess affordability. Many of our customers have more than one facility in place, and as long as the numbers stack up, we can often help with additional funding or refinancing options.

Once we’ve reviewed everything, we’ll provide an initial decision quickly and often the same day.

Once approved, funds can often be released the same day.

After you complete your details on our online form and email over your documents, we’ll move your application through to a final decision. If everything is in order and the lender signs off, the money can typically be transferred to your business account within hours.

In many cases, the full process from documents to pay out is completed within one working day.