Growth Company Revolving Loan

Growth Company Revolving Loan

Max Loan:                          £35,000. Loan must not exceed more than 100% of average monthly turnover.

Term:                                  6 months to 5 years.

Interest rate:                    8%

Upfront Fee:                      £500

Personal Guarantee:        No

Special Features:             

This type of loan has the ability to keep rolling over. When you have paid back 10% or more of the loan, in line with all the loan conditions, then the same amount that has been paid back can be re-borrowed with a simplified application process and an additional normally lower admin fee.

Eligibility Criteria:

  • Existing businesses trading in excess of 2 years

 

Apply now or to check your eligibility call us on 01276 472722 or Contact Us

All loans are subject to an upfront admin fee that is only payable on success and the applicant’s credit score and business plan will determine which type of loans are available to them.