Loan Facility Value: 2 x monthly turnover up to £50K
Rate: 1.5% – 4.5% per month (only pay when you draw down from facility)
Repayments: Over 3 months
Excluded sectors: hospitality, events, travel, lenders, pawnbrokers, insurers, construction
Preferred business types: e-commerce, services, wholesalers
Fast – Flexible – Affordable
Security: Unsecured, but PG (Personal Guarantee required)
Ideal Customer has minimum trading history of 12 months and business turnover of £5K per month on average for at least 6 consecutive months