Almost every business requires additional financial support at some point, with limited liability companies being no exception. There are many reasons why businesses need to consider limited liability company loans, from short-term cash flow issues to financing a large expansion. Whatever your requirements, this guide will take you through the steps involved in finding and applying for LLC loans.
By working with a panel of more than 30 lenders we can provide a diverse range loans, so that your business has access to an LLC business loan which suits your exact requirements. If your current working capital will not cover the necessary expenses, or you are looking for additional funds to expand the business, our lenders can provide everything from asset finance and overdrafts, to unsecured loans and commercial mortgages.
This vast array of potential limited liability company loans enables us to offer loan amounts starting from £1,000 to a maximum amount of £20,000,000. By borrowing your funds through our panel of lenders, you benefit from the lowest possible rates available on the market and the most flexible repayment terms.
Our panel of lenders includes everything from traditional high street banks through to alternative peer to peer lenders, so you can be sure to find a loan that meets your requirements. These lenders all have different lending criteria, so the loans offered to you will depend on factors such as your financial situation and the amount you need to borrow.
If you are looking to borrow a smaller amount to cover short-term expenses, we have lenders who can offer financial products such as credit cards, invoice finance, overdrafts and merchant cash advances. Alternatively, if your plans require a larger amount, our lenders will provide long-term loan arrangements including unsecured and secured business loans, mortgages and asset finance.
One of the most important factors in finding the ideal limited liability company loans is your financial position and credit rating. The lower risk your business represents to the lender, the lower the costs will be in taking out the loan. If you have a poor credit rating or financial accounts which show you have been struggling, you may be offered a higher-interest rate or asked to provide a personal guarantee.
We pride ourselves on finding you the best loans to suit your unique requirements, and this starts with our useful finance finder tool. Our tool is designed to ask a few simple and quick questions about how much you need to borrow and why. The system will then search our panel of lenders to find a compatible limited liability company loan.
The business loans available will be listed in order of how well they match your needs, the interest rate and the repayment period. This makes it quick and easy to compare and find the ideal financial product. Once you have decided on a loan, the application process will usually take less than 5 minutes and you could have the funds within 24 hours.
To find out more about the loans available or the application process, please contact our knowledgeable team.