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This option is usually aimed at UK limited companies or sole traders with trading history of 12+ months. The decisioning process often reviews bank statements and turnover indicators, then may request documents such as accounts or further evidence. Pricing is typically expressed through an interest rate plus fees, with representative APR ranges often in the high single digits to mid-to-high teens. If affordability is clear, funding can follow after acceptance and any required guarantee or unsecured documentation.

Revolving borrowing can match fluctuating wholesaler cash flow, particularly where purchasing is frequent but customer remittances are uneven. Lenders typically assess steady turnover and regular bank inflows, and unsecured facilities commonly involve personal credit checks and may include director guarantees. Interest is usually charged on drawn amounts rather than on the entire facility, with representative APR ranges often broadly high single digits up to mid-to-high teens. An initial view can be several days, and full approval often takes 1 to 3 weeks once documentation is received.

Short-term unsecured lending is often more sensitive to recent trading movements, so lenders may request recent bank statements and evidence of affordability for the shorter repayment period. Representative APR ranges frequently sit in the low-to-mid teens up to higher teens for higher-risk profiles. Some deals include interest plus arrangement fees. Initial decisions can be as quick as 24 to 48 hours, with funding often around 3 to 10 working days after full document submission and final checks.