Clear an expensive overdraft
An overdraft can be withdrawn on demand and often carries a high variable rate. Replacing it with a fixed 5.00% loan gives your company a set repayment schedule and one predictable cost.
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What can the loan be used for?
Any genuine business purpose of your company. Here are the most common, with what a typical loan looks like.
Consolidate existing borrowing
Turn several loans, cards and facilities into one loan with one monthly repayment. The interest goes back into your own pension fund instead of to several lenders.
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Replace invoice factoring
Swap fees on every invoice for one fixed-rate facility, and take back control of how your customers are chased.
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Buy another company
Help your company buy a competitor, a supplier or a business in a new area, funded at one fixed rate.
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Buy machinery and equipment
Fund new machinery, tools or technology outright, rather than leasing. Your company owns the asset from day one.
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Smooth out cash flow
Bridge the gap between paying suppliers and getting paid by customers, or take on a larger contract without stretching the business.
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Buy stock in bulk
Take advantage of supplier discounts or prepare for a busy season by buying ahead.
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Spread a Corporation Tax or VAT bill
Pay HMRC on time and spread the cost over up to five years, at a fixed rate.
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Improve your premises
Refit a shop, upgrade a workshop or fit out new offices. Larger projects can sit alongside a property purchase by your pension fund; see our case studies.
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Hire, expand and grow
Recruit staff, open a new site or launch a new product line, funded by your own money rather than a bank.
Find out more →Have a purpose in mind?
Loans from £25,000 up to £500,000. 5.00% fixed. No credit checks.