Unsecured Business Loans

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, here are a few examples of how clients have used them recently: 

- 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.

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. 

Flexibility and speed are 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 and I will come back to you promptly with indicative pricing. 

Thanks 

Jenny Taylor | Jenny@ConduitFinance.com | 0131 564 0172

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