Frequently asked questions

What is the size of your loans?

£5,000 - £50,000

Over what period can I borrow?

Up to 12 months

What Business Security do you take?

We can provide a loan with no security depending on your credit rating. We may take a debenture, or a fixed charge on a certain asset.

What personal security do you take?

We take an indemnity from the directors.

What information do you need?

Accounts, bank statements and a reference as a minimum to assess the loan. We will also ultimately need your I.D and authority to conduct a search.

What is the cost?

The cost varies for each individual client.

Can I repay early?

Yes, with no charges after the minimum period has elapsed.

Can I re-borrow after I repay my loan?

Yes we welcome applications from clients who have repaid their previous loans with us. If you have complied with all the conditions of your first loan you may also benefit from more attractive rates.

How do I repay?

You set up standing order to repay us weekly, we can also take payments direct from a business debit card.

Who can't we help?

We can't currently lend to businesses who are sole traders or partnerships if they require less than £25,000.

Do you lend to individuals?

No, we only lend to companies.

What if I can't make a payment?

We will try and help you and potentially restructure your loan, or help you find a loan to repay us. However you are liable for all the payments, and we will make every effort to recover all the payments due to us.

Do I have to have been trading for a minimum amount of time?

No, we look at all situations.