^£750K Working Capital Loans - Apply Now

To apply, businesses need a UK bank account and a strong credit history. Overdraft limits range from £10,000 to £500,000, with interest rates between 8% and 25% APR depending on your profile and the bank’s policy. Applications are made directly with the business’s bank, supported by financial statements, and usually take one to two weeks for a decision. Common among retail, manufacturing, and wholesale sectors, overdrafts are effective for bridging short-term gaps in cash flow.

Available to UK-registered businesses invoicing other companies, invoice finance typically provides 80% to 95% of the invoice value, with lending periods aligning to invoice due dates (usually 30 to 120 days). Fees run from 1% to 3% per month. Applications involve submitting outstanding invoices online to the lender, with decisions typically reached within 24 to 48 hours. This solution is popular in logistics, services, and construction, providing cash flow based on receivables.

To be eligible, organisations need established relationships and a good payment record with their suppliers. Limits run from £50,000 up to £750,000, and repayment terms are typically 30 to 180 days. Interest rates can range from 0% to 6% APR, usually set by vendor terms. Setting up trade credit involves negotiating terms with suppliers. It is widely used by wholesalers, retailers, and manufacturers to facilitate ongoing trading without tying up cash reserves.