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Long Term Business Loans for Travel And Tourism - Apply Now

Long term business loans provide essential financial support to SMEs in the travel and tourism sector, enabling them to expand operations, invest in infrastructure, and enhance cash flow over a period extending beyond one year. These products are tailored to assist with strategic, long-term projects such as expanding to new locations or enhancing digital infrastructure. Term loans are ideal for businesses seeking predictable repayment schedules.

Business loans

Secure up to £500,000 in Business loans with Funding Agent.

  • Quick and easy application process
  • Loan disbursed within 24 hours
  • No additional charges for early repayment
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What are the benefits of Long Term Business Loans for Travel And Tourism?

Offering manageable repayment terms that span several years, long term business loans facilitate substantial investments into business growth with greater financial predictability. Businesses can enjoy competitive interest rates ranging from 3% to 15% APR, depending on various factors including loan amount and credit history. Quick decisions typically within 1 to 3 weeks speed up project timelines, allowing for strategic planning. Discover our range of asset finance options tailored to your needs.

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Flexible repayment terms
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Boosts cash flow
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Supports expansion efforts

SCALE YOUR BUSINESS TO NEW HEIGHTS

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What are the different types of Long Term Business Loans for Travel And Tourism?

Term Loan

Term Loans offer amounts from £10,000 to £500,000 with repayment terms extending from 12 to 84 months. These loans are available to UK businesses with a good credit history and at least two years of trading.

Term Loan

Term loans suit businesses investing in major developments such as new properties or refurbishing facilities. With interest rates between 3% to 15% APR, decisions are made usually within 1 to 2 weeks. They are beneficial for a travel agency investing in digital infrastructure.

Asset Finance

Asset Finance supports the acquisition of necessary equipment, offering amounts up to £1,000,000 based on asset value, with terms from 12 to 60 months.

Asset Finance

Asset finance provides businesses with options to purchase fleet vehicles, IT systems, or property with repayment terms that reflect the asset's depreciation. Interest rates range from 4% to 12% APR, with typical decision times of 2 to 4 weeks. Consider asset finance solutions for expanding your tourism operations.

SBA Type Loan

SMEs in unique or underserved locations can benefit from SBA Type Loans. These range from £25,000 to £250,000 with 60 to 120 month terms.

SBA Type Loan

Designed for strategic development such as workforce training or crisis management, SBA loans offer rates between 5% and 8% APR. The process takes 3 to 4 weeks and is best suited for firms like a local tour company expanding its service range.

What is a Long Term Business Loan for Travel and Tourism?

Application Processes

Applying for long term business loans requires full financial documentation, including tax filings and business plans. Decisions are typically made within 1 to 3 weeks. Our streamlined process ensures a hassle-free funding experience.

Regulatory Requirements

Lenders must adhere to FCA regulations, ensuring transparency and fairness. Compliance with Anti-money laundering (AML) and KYC processes are mandatory, protecting both businesses and lenders. Our solutions align with these stringent standards.

Borrowing Capacity and Rates

Borrowing capacity depends on various factors like business size and credit history, with amounts starting from £10,000. APRs range from 3% to 15%, influenced by economic conditions. We offer guidance on securing competitive loan packages.

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FAQ’S

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