Products / Long-term loan
A straight loan,
over a longer run.
Sometimes the honest answer is a loan. A fixed amount, a fixed term, and repayments you can put in a spreadsheet and stop thinking about.
FIXED TERMFIXED REPAYMENTSTHIS ONE IS A LOAN
Coming soon. This is built and being tested, but it is not open for applications yet.
Put your name down and we will tell you the moment it is, and be straight with you about
where it stands in the meantime.
Who it's for
Is this you?
You are funding something that pays back slowly: a build-out, equipment, a move, a second site, buying someone out.
How it works
Three things happen.
01
We look at the whole businessA longer commitment needs a fuller picture. Not only what came in this month, but whether the business can carry a fixed payment through a bad quarter.
02
You take a fixed amountOver an agreed term, at an agreed rate, with a schedule you can plan around.
03
You repay on scheduleThe same amount on the same day, whatever kind of month you have had. That is the trade you are making against a cash advance.
What we need
What you'd have to give us.
- Two years of trading behind you
- Your profit and loss, and a balance sheet
- Six months of bank statements, or connect your bank
Worth knowing
Unlike a cash advance, this is a straight loan. It carries interest and a fixed repayment that does not flex when sales dip. If your revenue is lumpy or seasonal, a cash advance will treat you more kindly, and we will say so rather than sell you this.
Register your interest
Interested in this one?
Tell us where to find you and we'll come back on whether it fits.
Just give us your website. We will find your company details ourselves, which is a fair summary of what we do all day.