Business Loans Guide
Public Limited Company Loan
A guide to finding the ideal public limited company loan
If you run a public limited company (PLC) it may be possible to sell shares to investors to raise essential capital, however this may not suit your specific operational requirements. Whether you run a large PLC which is listed on the Financial Times Stock Exchange 100, or are just starting out, we can help you find the ideal public limited company loan.
How to find a public limited company loan
Every business is unique, which is why we work with a wide variety of lenders who can provide a range of public limited company finance options. Whether you are looking for a short-term form of finance such as a credit card or a long-term secured loan, our lenders could offer your business a public limited company loan for anything from £1,000 to £20,000,000.
To guarantee we provide you with public limited company funding which matches your exact requirement we have designed our finance finder tool. There are only a few stages involved and the simple questions will provide us with the details we need to understand what type of PLC loan you require, and which product suits your business.
We have the most comprehensive online list of lenders which can provide public liability company loans. Our tool can put you in touch with everyone from traditional high street banks to peer to peer investors, so regardless of your business size and industry we can find the ideal PLC finance.
Who is eligible for a public limited company loan?
Our comparison tool will provide you with a list of PLC funding options from a range of lenders, which are ranked in terms of how well they match your needs, the interest rate and the repayment period.
The interest rate and repayment terms offered will depend on a variety of factors, such as the type of loan you are borrowing, the amount you require and the financial position of your company. Although, the credit rating of your business is likely to be the most significant factor in deciding how high the interest rate will be and how quickly you will be required to pay the loan off.
If you are looking for a short-term form of finance such as an overdraft, unsecured loan, line of credit or merchant cash advance, the majority of these agreements will need to be paid back within a year. However, for larger amounts such as those often borrowed with long-term secured loans or a commercial mortgage, the repayment period could extend from 1 year to 30 years.
In general, by providing security through your businesses assets you will be able to borrow more, with repayments spread over a longer period. If your application for a public limited company loan is considered high risk, the directors may need to provide a personal guarantee. This means if the repayments are not met, the personal assets and finances of the directors will be at risk.
To find out more about our finance finder or a specific public limited company loan, please contact our knowledgeable team today.