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.