We assess your loan enquiry, based on the information you have provided, to establish your general suitability against our panel of lenders product criteria. We may contact you to obtain any further information that is required for certain products and lenders.
With over 500 local, specilaist and cross border lenders, we are able to get you approved for a loan.
Rapay back your loans between 1-5 years
Depending on the loan applied and the lender, most loan appllications get approved with in within 24 hours, subject to satisfactory checks by the lender.
Once loan is approved, funds are sent to your account same day
What are the key features of loans offered by our panel of lenders?
Business Loans from £5,000 to £10,000,000 (Personal guarantee or Enhanced eligibility checks may be required)
Personal Loand from £1,000 to £50,000 (Guarantor or Enhanced eligibility checks may be required)
A fixed interest rate, so your repayments stay the same for the duration of the loan
One-off loan arrangement fee of 4% payable at point of drawdown
Business loans are available to sole traders, Limited Liability Companies, Limited Liability Partnerships and Businesses of any size and stricture.
No fees for early repayments
What we’ll need to know
Your personal and business details. The person completing the application must be a director or partner of the business applying for the facility and be currently authorised to act on its behalf. When we refer to “your business or your company” we are referring to a limited liability partnership or a private limited company as applicable
Your registered company number
What do you need the money for, such as purchase of equipment, business expansion and working cash flow
The latest filed accounts for the business including your Profit and Loss statement and balance sheet
What you need to know
All applications are subject to credit checks and repayment assessments
A full credit assessment is completed on all applications, which includes a check on whether your business can afford to repay the debt.
You or your company is responsible for repayment of the loan, including all interest and your arrangement fee