FAQ
We require our applicants to have the following to apply for funding:
• You must turnover a minimum of £20,000 per month
• You must have been operating for at least 6 months
• You must be able to provide 6 months business bank statements
• You must be able to provide a copy of your ID when you apply
We are a established alternative lending company based in the United kingdom. We offer small-medium enterprises access to business funding, in which they otherwise might not be able to receive from other lenders. Our aim is to build a relationship with our clients in that we continue to finance and grow their business simultaneously.
There are no interest rates associated to our advances. On the advance provided, we charge a certain price that is agreed upon before. We evaluate your business type, time in business, and bank statements to determine a fixed charge depending on the advance’s risk, and we give you with complete transparency when we make you an offer.
WHY NOT! It’s a no brainer when it comes to funding.
• Our application process is easy
• Receive funds within 24 hours
• Flexible terms to suit your business
• Get up to £250,000 for any business purpose
• High approval rates
• Personalised service
We aim to provide you with the finances within 24 hours. Once we have received your application and paperwork and it has been approved you can expect to see the funds the following day. In some occasions the funds can be available on the same day. Approval of can sometimes be help up based on the paperwork provided. The cleaner the application, the faster we can get you approved for funding.
Our advances range from £10,000 to £250,000 and our advance terms vary from 3 to 12 months.
We conduct both consumer and business credit bureau searches, which will leave a record of the search on credit files that will be viewable to other lenders; however, none of these credit scores will be impacted.
It doesn’t matter! Owing to our experience and knowledge in the industry we understand that credit score isn’t a quintessential element and we consider each application on an individual basis. We assess lots of different factors to make sure we’re acting responsibly and to make sure you get the best options available to you.
We don’t stipulate what you should use your funds for, however we do recommend you use the funds to grow your business! Whether that be for expansion, to purchase stock, equipment purchase/upgrades, hire more employees or to simply pay expenses, the cash advance is yours to use however you see fit.
