Asset Backed Loan
Asset Backed Loan needs a short snappy one liner...
If you want a Asset Backed Loan please fill in this form
By cutting out the middleman, these types of peer-to-peer business loans can often be achieved at a cheaper rate.
Asset Backed LoanTo qualify for Asset Backed Loan ... something needs to go here
Why choose a Asset Backed Loan
See if this is the right business loan for you
- Unsecured business loans of up to £250,000 for terms up to five years are available
- Secured business loans of up to several million are subject to asset quality, credit checks and LTV
- You must be an established business, usually with two years trading history
- The business must have clean credit, no CCJs or recent defaults
Frequently Asked Questions
Frequently Asked Questions
[YOUTUBE “OaUAqO8B_hQâ€]
What is needed to apply
Applying for an Asset Backed Loan is very easy. Below are listed the things you need in order to apply.
- Eligibility Criteria UK registered business with a good credit record. Start-ups will likely need a Personal Guarantee from a home-owning Director.
- Documents Required Financial accounts, management accounts and sometimes 3 months’ bank statements.
- Additional Comments Finance can be approved in principle within 24-48 hours and paid out within days after that.
By cutting out the middleman, these types of peer-to-peer business loans can often be achieved at a cheaper rate. To qualify for crowdfunding, your business must be profitable and prove you are able to make repayments.
Crowdfunders look at historical data and won't lend against projections.
Contact Us Today
To discuss your finance options with one of our team
Enquire Online
Fill out our simple form to have a member of the team contact you
01494 410 125
Call today to discuss your finance options with a member of the team