FINANCE OPTIONS

^Unsecured Business Loans for Engineering - Apply Now

Q: How much can I borrow with an unsecured business loan?

Businesses can usually borrow between £5,000 and £500,000, depending on revenue and creditworthiness.

Q: How quickly can I get a decision on my loan application?

Initial decisions are typically made within 1 to 3 days, with funds available between 1 to 7 days, given complete applications.

Q: What are the typical interest rates for these loans?

Interest rates range from 5% to 25% APR. Factors such as credit score and loan term influence the rate.

Q: What is required for eligibility?

Eligibility typically requires a good credit history, at least 1 year of trading, and financial documentation.

Unsecured business loans are ideal for engineering firms seeking funding without pledging assets. They facilitate cash flow management and project expansion.

Unsecured Business Loans

Secure up to £500,000 in Unsecured 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 Unsecured Business Loans for Engineering?

These loans offer swift access to funds with attractive terms, aiding in liquidity maintenance. Businesses benefit from quick decision times and flexible borrowing amounts.

No collateral required

Quick access to funds

Flexible repayment options

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Unsecured Business Loans for Engineering?

Term Loan

A Term Loan suits engineering companies needing amounts from £5,000 to £500,000 over 12 to 60 months, with interest rates ranging from 5% to 20% APR.

Term Loan

Term loans are ideal for purchasing equipment or hiring staff. With decisions made within 3 days, this option is practical for engineering firms planning upgrades.

Revolving Credit Facility

Revolving credit provides engineering firms with flexible cash flow support up to £200,000, reviewed annually.

Revolving Credit Facility

This facility is perfect for handling seasonal financial fluctuations. Approval is swift, ensuring ongoing operations for engineering projects.

Merchant Cash Advance

Suited for card-receiving businesses, merchant cash advances reach up to £300,000, based on future sales.

Merchant Cash Advance

Advances support operational costs and marketing initiatives upfront, with decisions typically within 48 hours, benefiting long-term projects.

What is an Unsecured Business Loan for Engineering?

Application Process

The application process requires submission of financial statements and can be expedited online, ensuring fast approval.

Regulatory Compliance

UK's FCA regulations ensure lenders adhere to ethical practices, including AML and KYC compliance, safeguarding businesses.

Borrowing Capacity and Rate Factors

Factors such as business revenue and creditworthiness affect borrowing capacity, with unsecured loans offering flexibility from £5,000 to £500,000.

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FAQ’S

How much can I borrow with an unsecured business loan?

How quickly can I get a decision on my loan application?

What are the typical interest rates for these loans?

What is required for eligibility?

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^Unsecured Business Loans for Engineering - Apply Now

What are the ^benefits of Unsecured Business Loans for Engineering?

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Unsecured Business Loans for Engineering?

Term Loan

Term Loan

Revolving Credit Facility

Revolving Credit Facility

Merchant Cash Advance

Merchant Cash Advance