When starting a business, not all owners can afford to purchase a property. We offer 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 Worcester 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?
New businesses owners often come across challenges securing a loan to to kick start their venture, as they have no collateral such as property or equipment to list as security against it.
Unsecured finance is a great business funding solution, as no collateral is required. Instead, the lender looks at your credit history, business plan, financial stability, industry experience and other financial factors.
Our lenders can offer the below funding for business start up loans Worcester:
Maximum loan advance
Unsecured Business Start up Loans Worcester
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.
Build Credit – By keeping up with loan repayments, you can establish and improve your 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 generally faster
Get in touch today to speak to us about Business Start Up Loans Worcester, 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 criteria 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