When starting a business, not all owners can afford to purchase a property. We provide 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 in Manchester and the rest of the UK to the below sectors:
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 business loans offer a great source of funding as no collateral is required. Instead, the lender looks at your credit history, financial stability, industry experience, business plan and other financial factors.
Our lenders can offer the below funding for business start up loans Manchester:
Maximum loan advance
Unsecured Business Start up Loans Manchester
No Collateral – The best benefit of an unsecured loan is that start up businesses don’t have to put newly purchased valuable assets on the line, making it a much safer option with lower risk.
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.
Fast Approval – As there’s no need for an in depth collateral valuation, the approval process is typically quicker
Get in touch today to speak to us about Business Start Up Loans Manchester, and we can take care of the whole application process for you.
Check if You’re Eligible
In order to be eligible for unsecured business start up loans, there’s a few requirements your business must meet.
Click below to view the requirements.
In order to be eligible for an unsecured loan:
In addition to the above, you will be required to provide:
Proof of identity – Business verification documents – Bank statements