Successfully Funding Thousands Of UK Limited Companies Since 1989
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When looking for funding to kick start or grow your company, many business owners’ first instinct is to turn to their bank in order to secure this borrowing. Unfortunately, the majority of high street banks have an incredibly tough lending criteria which often leaves those most in need of an injection of capital – such as start-ups or those without a proven track-record of successful trading – unable to access these funds directly from their bank. While this can undoubtedly be frustrating, the good news is that you are not restricted to just your bank when it comes to securing funding for your business. There are now more ways than ever for you to source this borrowing, many of which offer much more flexibility than a standard high-street bank loan. So, if your bank has refused your company finance, here are some alternative options you may wish to consider:
If you have been refused finance by your bank, and would like to discuss alternative ways of financing your business, the experts at UK Business Finance are here to help. Using our industry knowledge and close working relationships with a whole host of lenders, we can scour the market to identify the most appropriate funding facility for your company, before working to secure you the very best deal possible. Contact our team today for immediate help and advice.
We work across a wide range of sectors throughout the UK, providing specialist advice to each sector.
Can I get a secured loan if my business doesn’t have any assets?
When taking out a loan for a business, you have the option of a secured loan or an unsecured loan.
Can I get a mortgage for a commercial property?
Commercial property mortgages offer valuable flexibility to landlords and those investing in commercial property for their own business use.
Does business finance affect my personal credit rating?
Business finance can sometimes affect your personal credit rating, the main issue being how your business is structured.
Advantages and disadvantages of asset-based lending
Asset-based lending allows businesses to use their existing balance sheet assets as collateral to secure funding.