Frequently asked questions

Here are some questions our customers ask. Check our FAQ for anything we haven't covered.

We only run soft credit checks which means applying won’t affect your credit score. But if you decide to draw down funds from us, the business loan will show up on your credit report.

How much you can borrow depends on a range of different factors including your previous financial performance (turnover, profit, EBITDA, average monthly revenue), your projected forecasts if available/ upcoming contracts etc.

We will be able to let you you know how much you can expect to borrow

Our team consists of ex-bankers and commercial finance brokers with a top performing track record to ensure that we can give you the best chance of getting the funding that you require.

We have access to the whole panel of lenders, charge no fees for our service and are committed to finding you the best solution as quickly as possible.

With strong links in the industry, we are always up-to-date with the lenders and leading developments to ensure that we can always provide our clients the best possible service.

On top of this:

  • Get you a better approval as we know what the lenders are looking for.
  • Get you a funding option that you didn’t even know existed.
  • Instead of making multiple direct applications which could harm your credit rating from the multiple credit checks, we thoroughly review your application and only apply to the 2-3 most relevant lenders.
  • Save you time and money spent trying to get an approval – leave it to us and you can focus on what matters most… your business!

We do not charge you any fees. The lender’s pay us for the introduction and so there’s no difference for you whether you go through us or direct to them. As a result, it is in our best interests to get you the best possible offer.

We will fully assess your application based on your funding requirements and the information provided (financials).

From this, we will typically apply to 2 lenders, maximum 3 based on the lenders that will give you the best approval, and also most likely to approve you.

Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your business loan early we won't charge you any fees.

Even though we offer business loans, we’re not a bank. We’re an independent company custom-built for small businesses – and our goal is to provide straightforward access to finance where and when your business needs it.

It takes 15 minutes to apply and in almost all cases you'll get a decision in 48 hours.

Generally, they put the money to short term to mid term investments, like extra stock. Or they use it to help with cash flow, like if they're waiting on an invoice.

With our business loan, once you've paid back a third of your original credit limit, applying for a top up is easy. We'll just need updated information about your business.

The interest paid on business loans is typically tax deductible, as it is considered a business expense. However, the principal amount of the loan is not deductible. It's important to keep detailed records of all loan-related expenses for tax purposes.