Frequently asked questions
Helping you get the knowledge you need
We have decades of experience in business finance at a senior leadership level, and we’re here to help your business grow
How fast is your application process?
How fast is your application process?
Our application process takes just two minutes, you can apply here
How quickly can I get a business loan?
How quickly can I get a business loan?
This depends on two things – the type of business loan and how quickly you can provide any requested documentation.
In many cases a lender will give us an answer in 24 hours, and sometimes it can be in as little as two hours. The funds can then be in your business account within a couple of days, again depending on how quickly you can provide documents and get agreements signed.
Is it worth going direct?
Is it worth going direct?
You can apply directly to many lenders but there are some very good reasons to let us manage this process for you:
- There are 100s of business lenders out there and it can take up a lot of your time researching which ones are able to help you. We have the knowledge and technology to do this for you, quickly and easily.
- Based on your circumstances we can approach the right lenders, which will greatly improve your chances of getting an approval.
- The rate you pay will be the same as going direct, and in some cases even better.
- Some lenders will only deal with brokers like us.
What’s the interest rate?
What’s the interest rate?
This depends on things like credit risk, the type of finance, the length of term of the finance and the lender itself. Our expert team can guide you through this once you’ve applied.
Does it affect my credit score?
Does it affect my credit score?
Your credit score is not affected when you apply through us. In some circumstances this remains the case even during the initial enquiry to the lender.
In most cases a full credit report will only be generated if you proceed with a lender’s full application. We can help determine your eligibility before this stage and reduce the number of credit searches.
Do I need to give a personal guarantee?
Do I need to give a personal guarantee?
This mostly comes down to the lender’s requirements, loan type and the circumstances of your business.
We’ll help you find the funding your business needs
We will do the heavy lifting for you and what’s more:
- We’ll manage your application
- Your credit score is not affected by apply with us
- You will not pay more than going direct