STARTUP LOANS
Rapid funding for businesses aspiring rapid growth
Startup loans are provided to businesses that need capital injection right from the get-go. Business industries are lucky enough to only need a laptop to enable them to trade, and as such have very low start up costs. Others needs inventory, machines, capital adequacy and funds to stay afloat until invoices are settled.
These loans can be granted to help you hit the ground running.
Your experience goes a long way to making a lender comfortable. For example, if you’ve run a brewery for the last 10 years and want to start your own, the lender expects you’ll have good industry knowledge and the necessary connections needed to start strong. Whereas if you’re in another unrelated field and are changing industries, lenders will take a more cautious view.
Expect to have to provide a debenture over your company in many scenarios for start up loans. These can be released once the loan is repaid to enable you to pursue further projects once the business is off the ground.
Whether you’ve done your research and just want to make sure you’re not missing a trick, or your situation is more complicated and you don’t know where to start, contact us today and let us help you.
‘This is NOT an FCA regulated product’
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If you’d like to chat to us, please feel free to send your contact details and we’ll come back to you. Or just call us on 03301 331143