Not all small businesses own their premises or have large assets. We specialise in small business finance for those who leasehold or have no collateral.
Small Business Finance Sectors
We specialise in providing business start up loans and small business finance in Preston and the rest of the UK to the below sectors:
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 Small Businesses
Are you a leasehold business?
Do you have little to no collateral?
When looking to expand and grow your business, securing additional funds at the right time can be crucial. Whether you need to invest in new equipment, launch marketing campaigns or expand your operations, small business finance can give you the help you require.
Our unsecured loans for businesses are the perfect option for small businesses who have no collateral, and we can find you the best loan that works for you via our large range of trusted lenders.
Our lenders can offer the below funding for Small Business Finance Preston:
Lend from £10k up to
£50,000
Maximum loan advance
Small Business Finance Preston
The Benefits
No Collateral – The best advantage of an unsecured loan is that small businesses don’t need to put valuable assets on the line, making it a much safer option with lower risk.
Stability – Effective financial management can allow businesses to grow and generate more income whilst covering expansion costs.
Innovation and Adaptability – By purchasing new equipment or expanding your operations, you can move forward in your industry, remain competitive and adapt to changing market conditions.
Business Ownership – None of your equity will be shared with investors, and you will retain full ownership of your business.
Get in touch today to speak to us about Small Business Finance Preston, and we can take care of the whole application process for you.
Check if You’re Eligible
In order to be eligible for an unsecured business loan, there’s a few criteria you 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
