Breakdown
- Loans from £1,000 - £200,000 (Typically up to one month’s turnover)
- Flexible 12 month facility
- Decisions within 24 hours
- Overpay or settle at any time, at no additional cost
- No set up fees
- Unsecured loan with no asset requirements
< £15,000
- Instant decisions
- No documents required
Apply Now
£21,000 - £40,000
- £21,000 - £40,000
- 2 VAT returns (if registered)
Apply Now
£16,000 - £20,000
- £16,000 - £20,000
- Latest VAT return (if registered)
Apply Now
£41,000 - £200,000
- 6 months bank statements
- 4 VAT returns (if registered)
- Filed company accounts (above £75k)
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Eligibility
- Any limited company age, including start-ups
- Any business sector
Apply Now
How it works
- You recognise your business requires funding
- Free no obligation conversation with one of our advisors
- We will approve your business for a loan between £1000-£200,000 (Your credit limit is typically around 1 month’s revenue)
- Our maximum term for repayment is up to 12 months, you can always repay early
- Interest rates vary from 2% to 6% per month, e.g. a business on a 3% monthly rate would only pay £1 per day for every £1,000 they had outstanding.
Example of £10,000 credit facility
| 6 Months Credit
facility for £10,000 |
Principle amount £10,000,
interest 3.33% per month |
|
|
| Date |
Original Loan |
Interest |
Total |
| Month 1 |
£1,536.92 |
£333.03 |
£1,869.95 |
| Month 2 |
£1,578.70 |
£291.25 |
£1,869.95 |
| Month 3 |
£1,625.38 |
£163.48 |
£1,869.95 |
| Month 4 |
£1,706.47 |
£122.28 |
£1,869.95 |
| Month 5 |
£1,747.67 |
£64.14 |
£1,869.95 |
| Month 6 |
£1,805.81 |
£64.14 |
£1,869.95 |
| Date |
Original loan |
Interest |
Total |
| Date |
£1,536.92 |
£333.03 |
£1,869.95 |
Address: Regus, 79 College Road, Harrow, HA1 1BD
02039833696
info@quickcashflow.co.uk
