FINANCE OPTIONS

Quick Loans for Care Homes and Home Care Providers - Apply

Quick loans for care homes and home care providers offer a crucial financial solution designed to swiftly address the urgent needs of these facilities. Predominantly targeting small and medium-sized enterprises within the UK healthcare sector, these loans provide immediate capital to handle operational necessities, manage cash flow issues, or facilitate business growth. Institutions that find themselves requiring fast access to cash can learn more about available options from our partners in the [Top Short Term Business Loan Providers](https://www.fundingagent.co.uk/post/top-short-term-business-loan-providers).

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
Apply Now
Cloud

We Like To Keep Things Simple

Match with
150+
Lenders
heart
Expert helpstarstar
200+ Provider
Loans from
£1000
to
£500K

zero hidden fees

underline

What are the benefits of Quick Loans for Care Homes and Home Care Providers?

The primary advantage of quick loans is their ability to provide immediate access to funds, often requiring minimal paperwork. This ensures that care homes and home care providers can maintain liquidity and meet urgent needs swiftly. Loans range from £2,500 to £300,000, with initial decisions usually made within 24 to 72 hours. Explore further financial strategies through [Quick Business Finance](https://www.fundingagent.co.uk/finance-dictionary/quick-business-finance) which offers tailored solutions for this sector.
black tick in a green circle
Fast access to funding
black tick in a green circle
Supports operational stability
black tick in a green circle
Flexible repayment options

Get Funding For your business

Generate offers
Cta image

What are the different types of Quick Loans for Care Homes and Home Care Providers?

Short-Term Business Loans

Designed for UK businesses with at least six months of operation, these loans grant amounts from £5,000 to £250,000, with terms up to 24 months. Providers can find additional resources in the [Top Short Term Business Loan Providers](https://www.fundingagent.co.uk/post/top-short-term-business-loan-providers).

Short-Term Business Loans

Short-term business loans provide a flexible financing solution for care homes needing urgent cash influx, like unexpected repairs. With a decision time of 24 to 48 hours and interest rates between 6% and 15% APR, these loans support a swift turnaround. Dive deeper into [Unsecured Business Loans For Legal And Compliance Agencies](https://www.fundingagent.co.uk/financing-options/unsecured-business-loans-for-legal-and-compliance-agencies) for similar strategies.

Invoice Financing

Care providers can leverage invoice financing to access up to 90% of invoice value with same-day decisions. This ensures continuous cash flow for those awaiting contract payments. More insights are available via [Commercial Invoicing Solutions](https://www.fundingagent.co.uk/finance-dictionary/short-term-business-loans).

Invoice Financing

With invoice financing, home care providers can receive funds upfront on outstanding invoices, maintaining operational stability through uncertain payment periods, such as waiting on large NHS payments. Typically, 1% to 4% interest is applied. For comprehensive guidance, explore our [Finance Dictionary's Short-Term Business Loans](https://www.fundingagent.co.uk/finance-dictionary/short-term-business-loans) page.

Merchant Cash Advances

Merchant cash advances suit businesses with regular card sales, offering £2,500 to £300,000 against future sales. Find more from our [Business Loans](https://www.fundingagent.co.uk/financing-options/business-loans) options.

Merchant Cash Advances

Merchant cash advances allow care homes to invest in essential improvements by leveraging future card sales. With factor rates from 1.1 to 1.5 and swift approval, funds are accessed within days. Gain insights into their operation through our [Best Lenders For Recruitment Uk](https://www.fundingagent.co.uk/post/best-lenders-for-recruitment-uk) post.

What are Quick Loans for Care Homes and Home Care Providers?

Application Process and Decision Timescales

Applying for quick loans involves an online submission, requiring business verification and financial statements. Initial decisions range between 24 and 72 hours. Detailed application processes can be explored in [Quick Business Finance](https://www.fundingagent.co.uk/finance-dictionary/quick-business-finance).

Regulatory and Compliance Requirements

To ensure fair lending, these loans adhere to Financial Conduct Authority guidelines, ensuring transparency in terms and costs. For more on compliance, refer to [Care Homes Regulations 2001](https://www.fundingagent.co.uk/finance-dictionary/care-homes-regulations-2001).

Borrowing Capacity and Rates

Borrowing through quick loans can range from factor rates of 1.1 to 1.5 or APR from 6% to 15%, influenced by creditworthiness and term length. Assess your needs by visiting our [Best Lenders For Recruitment Uk](https://www.fundingagent.co.uk/post/best-lenders-for-recruitment-uk) guide.

FAQ’S

How much can I borrow with quick loans?
How quickly can I get a decision for a quick loan?
What are the interest rates for quick loans?
What are the eligibility requirements for quick loans?