When starting a business, not all owners can afford to purchase a property. We specialise in business start up loans for those who leasehold or have no collateral.
Business Start Up Loan Sectors
We specialise in providing Business Start up Loans to the below sectors across the UK:
Leisure
Pubs
Cocktail Bars
Members Clubs
Entertainment
Cinemas & Theatres
Activities Venues
Night Clubs
Fast Food
Fish & Chips
Pizza, Kebab, Vegan
Chinese, Indian, Thai
Funding for Start Up Businesses
Are you a leaseholder?
Do you have little to no collateral?
When starting a new business, entrepreneurs often face the challenge of being accepted for funding to kick start their new venture as they have no collateral such as property or equipment to use as security against a loan.
Unsecured finance offers a great solution for business funding as no collateral is required. Instead, the lender looks at your credit history, business plan, financial stability, industry experience and other financial factors.
Lend from £10k up to
£50,000
Maximum loan advance
Unsecured Business Start up Loans – The Benefits
No Collateral – The best advantage of an unsecured loan is that start up businesses don’t need to put newly purchased valuable assets on the line, making it a much safer option with lower risk.
Fast Approval – As there’s no needs for an extensive collateral valuation, the approval process is generally faster
Build Credit – Keeping up with loan repayments will help establish and improve your business’s credit score.
Business Ownership – None of your equity will be shared with investors, and you will retain full ownership of your business.
Check if You’re Eligible
In order to be eligible for unsecured business start up loans, there’s a few criteria your business must meet.
Click below to view the requirements.
In order to be eligible for an unsecured loan:
1
The business must have been operational for at least four months
2
It must have an excellent personal and business credit history
3
Your business must be registered in the UK
4
Your business must have an annual turnover of at least £10,000
5
In some cases, you may be required to have a personal guarantor. If your business cannot repay the loan, your guarantor will be required to pay back the remaining balance
In addition to the above, you will be required to provide:
Proof of identity – Business verification documents – Bank statements
Quick Contact
We believe conversations are always better than complex application forms. Just leave us a few details below so we can get in touch, or call us on 07940 530879 or 0208 150 0018 for a free no obligation chat.
Business Start Up Loan Areas We Cover
Our services are available to customers across the whole of the UK. Areas include but are not limited to: