Unsecured Commercial Loans
Business Loans for any purpose
£25,000 to £150,000.
1 to 5 year terms.
Rate fixed for entire term (average 8%)
Totally independent of banking arrangements.
- No upfront fees
- No Valuations
- No legal fees
- No Early Redemption Fees
Maximum loan for corporate applications: £250,000.00, non-corporate £150,000.00 and non-home ownership, £50,000.00. Loans can start at £25,500.00.
- Trading must be for a minimum of 3 years and turnover must be at least £100,000.00 for 2 years.
- If corporate, We need the last 2 years accounts and the last 2 years accounts must be listed at Companies House. Non-corporate, we need the last 2 years.
- Last 3 months business bank statements right up to date.
- The loans can be used for any legitimate business purpose but must not be property related but that can be overcome a lot of the time.
The loans are supported by Personal Guarantees from the directors/partners.