Cashflow is king. 

As the availability of overdrafts decreases but the opportunity for growth increases Unsecured Business Loans are proving popular. 

They can be used for a range of purposes from capital expenditure to growth capital and with funds released in 5-10 business days it's a useful way of seizing that profitable opportunity. Unsecured business loans can be used across a range of businesses.

Our clients have used Unsecured business loans to refurbish hotels, fund increased marketing activity in professional services businesses and to hire more staff in to a manufacturing company. Some recent examples include: 

  • To fund PPC and online marketing for a Media business. 
  • To quickly buy stock wholesale, that was then sold through an online shop. 
  • To hire new staff to help a professional services business grow quickly. 
  • To fund an HMRC liability for a Manufacturing business, when a debtor was slow to pay. 

Loan amounts range from £25,000 to £350,000 with flexibility and speed as core USPs.

  • Flexibility: Draw the loan and then repay it immediately or repay over the loan period. 
  • Speed: Accessing finance in 5 days can help with plugging a cashflow hole created by a slow payer, and an impatient creditor. 

The cost of the loan can range from a rate of 6% to 11% per annum, or it can be based on a monthly interest rate if the loan is for a shorter period. 

Technically the loan isn't unsecured as the lender would take a Personal Guarantee but the loan product is called an unsecured loan as it does not require a debenture over a company or a security over a property. 

If you need working capital for growth, or cash to troubleshoot a short term problem, then please complete the form below:

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