Obtaining Business Finance can be Simple

Running a Business

There are alternative business finance providers in the market that can offer fast, flexible credit facilities to all types of small businesses.
These loan facilities range from £1,000 to £100,000 and are specifically designed to meet the cash flow needs of small businesses.
In summary:-

  • Borrow for up to 12 months. Credit limits are typically based on one month’s turnover.
  • Apply online using a 10-minute application process.
  • Decisions can be made and funds transferred within 24 hours of the application submission.
  • Simple pricing with no hidden fees. Interest charged only on the outstanding principal amount. Rates starting from 2% per month.
  • If the facility agreed is not used, there are simply no charges to pay.
  • No commitments with free early repayments at any time.
  • A revolving credit facility allows small businesses to top back up to their credit limit or take a new loan quickly and easily (subject to approval).
  • Loans are unsecured, but backed by a personal guarantee.
  • Dedicated Account Manager for every business.

A facility can be agreed with no commitment to draw down, no application fee, and soft credit checks so no effect on the businesses credit scoring.
The level of financials required will be dependent on the size of the facility required, but this is an area we can assist in order to increase the chances of the application being successful.
If you would like to obtain more information on this type of business finance lending, please contact roy@raffingers.co.uk.