Help & FAQS

Business Loans

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 1-2 business days

What is the minimum trading history requirement?

The company must be trading for at least 1 year to qualify for our business loan excluding cash advance loan

What is the minimum turnover requirement?

We need a minimum turnover of £60,000 plus to qualify for our business loan excluding cash advance loan

Do I need a perfect credit score to apply?

No, final approval is based on the overall health of your business but if you have any CCJ or Default than you might get declined

Do I need to be a homeowner to apply?

No, but if you’re applying for more than £200,000 than you need to be a homeowner

Do I need to give a personal guarantee?

Yes, because our business loan is unsecured so most of our lenders require a personal guarantee from the director of the company

What documents are required?

  • Last set of filed accounts
  • Last six months business bank statement
  • Proof of identity (Passport or Driving License)

Do you charge an upfront fee to process application?

No, we do not charge any upfront fee

Cash Advance Loan

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 1-2 business days

What is the minimum trading history requirement?

The company must be trading for at least 6 months to qualify for our cash advance loan

What is the minimum turnover requirement on card terminal?

We need a minimum monthly turnover of £5,500 plus on your card terminal to qualify for our cash advance loan

What documents are required to apply for a cash advance loan?

  • If the business is trading for more than 1 year than we need last 12-month merchant card statement
  • if the business is trading for only 6 months then we need last 6 months merchant card statement

Do you require a business plan or cash flow statement?

No, we do not require a business plan or cash flow statement

Bridging Finance

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 1-2 business day

Do you charge an upfront fee to process my application?

No, we do not charge any upfront fee

What is the minimum amount I can apply for?

The minimum amount you can borrow is £30,000 and the maximum is £250 Million

What is the maximum loan term you offer?

We offer a maximum term of 3 years and a minimum term of 1 month depending upon your requirement

Do you charge an early repayment fee?

No, most of our lenders don’t charge any early repayment fee

Is there any limit on the number of properties I can use for collateral?

No, we use an unlimited number of properties for collateral

Can you complete a bridge without a physical valuation?

Yes, some of our lenders can use desktop valuation to speed things up

How quick can you complete a bridge?

We can complete a bridge as little as 5 business days depending upon the complexity of the case excluding development finance

If I have a CCJ or Default can I still apply?

Yes, you can still apply it won’t impact the approval on your application but the

rate might be slightly higher

Land Finance

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 1-2 business days

What is the maximum Loan-to-Value (LTV) can you offer on Land with planning permission?

We can do a maximum Loan-to-Value (LTV) of 75%

What is the maximum Loan-to-Value (LTV) can you offer on Land without planning permission?

We can do a maximum Loan-to-Value (LTV) of 50% – 65%

How quick can you complete a bridge?

We can complete a bridge as little as 5 business days depending upon the complexity of the case

Development Finance

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 1-2 business days

What is the maximum Loan-to-Value (LTV) and GDV cost can you cover on development finance?

We can do a maximum Loan-to-Value (LTV) of 75% and we can cover up to 90% of GDV costs

How quick can you complete development finance?

We can complete development finance within 2-4 weeks depending upon the complexity of the case

Invoice Finance

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 4-5 business days

What is the maximum I can borrow on a single invoice?

We can cover up to 90% of invoice value depending upon the various factors

Do you charge an upfront fee to process applications?

No, we do not charge any upfront fee

Credit Line

How can I apply?

Call us or you can apply online we aim to provide you with an approval within 3-4 business days

What is the maximum I can borrow?

You can borrow from £25,000 – £1 Million

What repayment options are available?

We offer interest only and capital repayment options

Is there any non-utilisation fee on any of your products?

No there is no non-utilisation fee if you don’t use the funds from the facility you don’t get charged

Do I need a perfect credit score to apply?

No, final approval is based on the overall health of your business but if you have any CCJ or Default than you might get declined

Do I need to be a homeowner to apply for a credit line?

Yes, you need to be a homeowner otherwise we won’t be able to offer you the facility

Do you charge an upfront fee to process applications?

No, we do not charge any upfront fee

Apply online. It will only take a minute and will not have any impact on your credit score.