We make short term loans from £100,000 to £2m to SMEs across the UK for periods of up to 24 months. We typically lend for 12 months.
Understand the opportunity in an initial conversation.
Review financial information to support the initial conversation.
Agreement in Principal
If there is a deal that works, we will visit the client to discuss the funding and terms of it.
Confirmation of Terms
If interest, we will issue Terms within 24 hours of the initial meeting.
Once signed lawyers will be instructed.
Monies are paid out typically within five days (depending on complexity of security and consents required) from signing the Offer of Terms Letter and lawyers instructed.
Our Core Requirements
This can be provided in numerous ways and doesn’t all have to come from the business lending the monies;
Affordability of Interest Payments;
Clear Exit strategy for the repayment of monies;
Clear, transparent pricing.
We like to keep things simple - Transparency on all fees guaranteed.
Set Up Fee
2-4% of the loan amount.
To be paid by the client. A fixed fee agreed at the outset.
we price on risk from 1.5% a month.
Dependent on each deal.
Fees and interest
Costs can be rolled into the loan dependent on each deal and exit strategy.
Length of term
typically 12 months but can occasionally fund up to 24 months. We provide unregulated funding.