Boost Capital Reviews

Boost Capital provides flexible funding solutions with positive customer feedback, emphasizing fast access to capital and supportive service for business growth.

Here are the Trustpilot Reviews from Boost Capital:

Here are the Reviews from Boost Capital:

Really easy process...only thing that's annoying and all these institutions do it and that's...the underwriter instead of giving a full list of questions and documents that they want they kept replying with one question at a time ...really annoyingand time consuming.....hopefully boost read there own feedback and learn from this.. Oh ...they will reduce the original quote if you apply and send some info and then ignore there quote for a week .....they took 3%straight off my quote ....all in all not a bad process for a finance company

Dave William's

Andrea was extremely helpful in what was a seem less transaction of her input in 're financing my companies loan. Andrea was totally professional and dealt with each process in a expedient man...

Stuart

We have used Boost Capital for interim funding to assist our cash-flow for various projects. We have used Boost on a number of occasions. Each time their service has been very efficiently and profes...

Martin Carr

Boost gave us a BIG Boost! Through the assistance of Spencer Murray; we were able to get an agreement in place which suited our business needs. Boost have been a great help in assisting us capitalise...

Oliver

Your Funding Advisor Wesley Kakoo has been very very helpful.

Charles Phu / OAC

Great service and Wesley Kakoo has been amazing, would definitely recommend to any of my contacts.

Alla Pashynska

Explore Boost Capital's Finance Solutions:

Unsecured Business Loan

£10,000 – £500,000

Merchant Cash Advance

£3,000 – £500,000 (capped at c. 100% of average monthly card turnover)

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Explore Boost Capital's Finance Solutions:

Loan Type:

Unsecured Business Loan

Loan Range:

£10,000 – £500,000

Loan Terms:

4 – 18 months

Minimum Turnover and Trading Age:

At least 6 months trading and £5,000 average monthly turnover

Interest Rate / Factor Rate:

Factor rate typically 1.1 – 1.5 (equivalent c. 15% – 50% APR) – exact pricing quoted individually

Fees:

Origination fee up to 2.5% of advance; no formal early repayment fee but full outstanding factor cost may still be payable unless a negotiated discount is agreed

Loan Type:

Merchant Cash Advance

Loan Range:

£3,000 – £500,000 (capped at c. 100% of average monthly card turnover)

Loan Terms:

No fixed term; typically 3 – 12 months depending on card sales velocity

Minimum Turnover and Trading Age:

6 months trading and minimum £3,000 monthly card-terminal receipts

Interest Rate / Factor Rate:

Fixed factor fee 1.1 – 1.5 applied to the advance (APR not quoted)

Fees:

Single factor fee only; no additional arrangement or early settlement fees

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Boost Capital — history timeline

Founding

Expansion

Funding

Rebrand

Funding

Product

Dissolved

2012 2014 2016 2018 2020 2022

1 November 2011 Incorporated as Business Financial Services (UK) Ltd The company was incorporated on 1 November 2011, creating the legal entity that would later operate under the Boost Capital brand.

Source → Founding

2012 Launched UK operations with merchant cash advance model Brought its US merchant cash advance model to British SMEs, particularly hospitality businesses, expecting to lend at least £10m over the following year.

Source → Expansion

11 December 2012 Selected for £20m under the Business Finance Partnership Named as one of four non-bank lenders to receive taxpayer backing under the UK government’s Business Finance Partnership, materially increasing lending capacity.

Source → Funding

29 April 2013 Renamed to Boost Capital Ltd Formally changed name from Business Financial Services (UK) Ltd, aligning the legal entity with the market-facing Boost Capital brand.

Source → Rebrand

13 April 2017 Secured £15m credit line from Atalaya Capital Obtained a £15m credit line from Atalaya Capital Management to support additional unsecured lending to UK SMEs.

Source → Funding

22 January 2019 Refinanced and upsized Atalaya facility to £47m Refinanced its Atalaya facility and increased capacity by 50% to £47m. The wider BFS group had issued more than £1.6bn to over 22,000 SMEs.

Source → Funding

19 March 2019 Launched Open Banking-enabled underwriting Introduced Open Banking capabilities and faster automated decisioning for smaller loans, shortening underwriting and funding times.

Source → Product launch

14 November 2023 Dissolved via voluntary strike-off After filing to strike off in August 2023, Boost Capital Ltd was dissolved on 14 November 2023, ending the UK legal entity.

Source → Restructuring

More About Boost Capital

Boost Capital Limited, founded in 2012, is a non-bank lender offering short-term unsecured funding to UK small and medium-sized enterprises (SMEs). It operates under commercial lending exemptions and focuses on quick approvals and repayment methods tied to daily ACH or card sales splits. This lender may suit established SMEs seeking rapid working-capital solutions or merchant cash advances but not start-ups or businesses needing longer loan terms. For broader context, see our business loans overview and working capital loans guide.

Key Features of Boost Capital Limited

Boost Capital offers several practical features designed to support SME cash flow needs quickly and with minimal asset security. Their model involves online applications and relationship management.

Fast funding decision within 24 hours with quick business finance solutions.
Flexible daily repayment or card-payment split options to align with business cash flow, see cash flow management.
No tangible asset collateral required, only a personal guarantee is mandatory, explained in personal guarantee guidance.
Dedicated UK-based account managers offer personalised support, linked with our lender support services listing.
Early settlement discounts available on some facilities, see discount rate glossary for details.

Funding Eligibility

You may qualify for funding from Boost Capital if your business has traded continuously for at least six months and meets minimum turnover levels. The eligibility criteria require a UK-registered enterprise with no significant county court judgments (CCJs) and a UK current account. For detailed guidance, consult our business loan qualification guide and financial eligibility tools.

Loan Options

Boost Capital provides two main loan types tailored to SMEs requiring unsecured capital or flexible repayments tied to card sales.

Unsecured Business Loan: £10,000 to £500,000 with terms of 4 to 18 months. Typical factor rates range from 1.1 to 1.5, roughly equating to 15% to 50% APR. Repayments are daily via direct debit. Eligibility requires at least six months trading and £5,000 average monthly turnover.
Merchant Cash Advance: £3,000 to £500,000, capped at approximately 100% of monthly card turnover. No fixed term, usually repaid over 3 to 12 months depending on card sales. Factor fee between 1.1 and 1.5 applies. Requires six months of consistent card payment processing and a minimum monthly card turnover of £3,000.

How to Apply

Applying to Boost Capital is fully online, designed for speed and simplicity. Expect a quick decision once all required documents are submitted.

Submit your online application form with business and director details, available via our application form.
Provide required documents: last 3 to 6 months of business bank statements, card processing statements (if applicable), photo ID, and proof of address.
Once reviewed, receive a decision within 24 hours and funding released to your account within 48 hours. Review our funding timelines for details.
Sign contracts electronically with e-signature technology incorporated in the online process.

Funding Agent’s View on Boost Capital

Boost Capital fits a niche for established UK SMEs needing swift unsecured loans or merchant cash advances to manage short-term working capital. Businesses should weigh the faster access against higher costs and mandatory personal guarantees, typically better suited to firms with stable cash flow and sufficient margins. To explore similar options, use our loan comparison tools and business loan calculator to find suitable funding.

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