Chorus Business Finance Reviews

Chorus Business Finance provides tailored financial solutions with positive reviews highlighting their customer service and flexible lending options.

Here are the Trustpilot Reviews from Chorus Business Finance:

Here are the Reviews from Chorus Business Finance:

Chorus enabled us to accurately understand customers' needs and trends, and enabled us to choose the most appropriate method when responding to their requests. Chorus also simplifies the process of recording and replaying calls, and Chorus' call-to-text capabilities simplify the email response process and quickly update our databases.

Alaa E.

Chorus has helped us a lot with the call training aspect, we're able to quickly identify those calls where reps may need a little more coaching on. The training feature has been very important for us to establish certain guidelines that reps must follow during calls.

Santiago C.

Ability to recall information from a call or demo with clients from a week to however far back is a benefit to all users. Very "big brother" feeling with the ability for management to join calls... lots of incorrect habits created by managers without the proper "heads up" given to the rep.

Elena G.

Chorus Software manages all of our daily transactional workflow and annual administration. We used it for years with most working from home full or part-time and were able to go to everyone working from home with a simple announcement. The ability to see where everything is at on individual transaction basis to company wide in Chorus is just what we needed as we grew out of managing work in spreadsheets years ago.

Shawn W.

Chorus helped us control the communication processes tightly, and this led to improving the behavior of employees when responding to customers, and it also helped us with a greater understanding of their needs, and through the records that Chorus provides us with, we can control the quality of operations and improve the speed of response and also ensure that all inquiries and requests received have been submitted.

Mohamed F.

Product was solid and it was a great company, until recently… Were acquired by Zoominfo. Alongside with that, came high pressure sales tactics and opaque pricing.

Verified Reviewer

Explore Chorus Business Finance's Finance Solutions:

Unsecured Business Loan

£10,000 - £500,000

Secured Business / Commercial Property Loan

£50,000 - £5,000,000

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Explore Chorus Business Finance's Finance Solutions:

Loan Type:

Unsecured Business Loan

Loan Range:

£10,000 - £500,000

Loan Terms:

3 months to 36 months

Minimum Turnover and Trading Age:

£100,000 annual turnover and 6 months trading

Interest Rate:

8.00% - 25.00% p.a. (simple interest) or equivalent APR

Fees:

Establishment fee 2% – 4%; no early repayment penalty on most lenders

Loan Type:

Secured Business / Commercial Property Loan

Loan Range:

£50,000 - £5,000,000

Loan Terms:

1 year to 10 years

Minimum Turnover and Trading Age:

12 months trading; turnover flexible

Interest Rate:

5.50% - 12.00% p.a. (variable/fixed)

Fees:

Arrangement fee 1% – 2%; valuation and legal costs apply; exit fee 1% if repaid inside minimum term

Loan Type:

Asset & Equipment Finance

Loan Range:

£5,000 - £1,000,000

Loan Terms:

12 months to 7 years

Minimum Turnover and Trading Age:

6 months trading; positive cash flow

Interest Rate:

4.50% - 12.00% p.a. depending on asset class

Fees:

Doc fee £250 – £495; residual/balloon option may add fee; brokerage may be capitalised

Loan Type:

Invoice / Debtor Finance

Loan Range:

£50,000 - £2,000,000 (up to 90% of invoice value)

Loan Terms:

Revolving facility with 30-120 day cycle

Minimum Turnover and Trading Age:

£250,000 annual turnover; 6+ months trading

Interest Rate:

Base rate + 2.50% – 5.00% margin; service fee 0.30% – 1.50% of invoice value

Fees:

Establishment fee £1,000 – £2,500; draw-down fees per invoice

Loan Type:

Trade Finance / Import Finance

Loan Range:

£20,000 - £1,500,000

Loan Terms:

30 days to 180 days per transaction

Minimum Turnover and Trading Age:

£500,000 annual turnover; 12 months trading

Interest Rate:

1.00% - 2.75% per 30-day draw

Fees:

Line fee 1% p.a. on limits; transaction fee £50 – £150

Loan Type:

Insurance Premium Funding

Loan Range:

£1,000 - £500,000 (covering 3–12 month premium)

Loan Terms:

3 months to 12 months

Minimum Turnover and Trading Age:

No formal minimum; subject to credit check

Interest Rate:

6.00% - 14.00% flat rate equivalent

Fees:

Documentation fee £75 – £150

More About Chorus Business Finance

Chorus Business Finance Pty Ltd, established in 2019, is an independent commercial finance broker operating in Australia. It does not provide loans directly but arranges funding via a panel of third-party lenders. The company specialises in financing for small to medium enterprises (SMEs) across multiple product lines, relying on technology to match loan applications to suitable lenders. Chorus holds an Australian Credit Licence and primarily serves businesses with a minimum trading history of six months, focusing on those with established Australian entities. This broker model suits businesses seeking a broad range of lending options rather than direct lending relationships. For more about the types of business loans available, see business loans and unsecured business loans.

Key Features of Chorus Business Finance

Chorus combines technology and personalised service to streamline SME lending access. It offers a digital application platform, fast approvals, and a wide lender network.

Single digital application using electronic bank statement retrieval, details at bank statement.
24/7 client portal for application tracking and document uploads, related tools at tools.
In-house credit analysts utilise a scoring matrix to find the best match, see more on credit score.
Integration with cloud accounting software such as Xero and QuickBooks for real-time data sharing.
Post-settlement support includes annual facility reviews; partnership incentives available, details at partners.

Funding Eligibility

To qualify for funding through Chorus Business Finance, you generally need to demonstrate a minimum of six months to one year of trading and meet turnover requirements depending on the loan type. You may qualify if your business has no outstanding tax debts and maintains an acceptable credit file. Business eligibility excludes certain sectors such as gambling, weapons manufacturing, and illicit substances.

Minimum trading period typically between 6 and 12 months, see how to qualify for a business loan in the UK.
Minimum annual turnover of around £100,000 for unsecured loans; higher turnovers apply for specialised loans.
Personal guarantees commonly required, with comprehensive explanation at understanding personal guarantees in business loans.
Credit score minimum around 500 Equifax or equivalent; see also credit score.

Loan Options

Chorus provides access to a variety of commercial finance products suitable for SMEs. These range from unsecured business loans for working capital needs to secured property finance for larger projects.

Unsecured Business Loans: £10,000 - £500,000; terms from 3 to 36 months; interest rates between 8.00% and 25.00% per annum (simple interest or APR). These loans require at least 6 months trading and £100,000 turnover. More details on unsecured business loans.
Secured Business / Commercial Property Loans: £50,000 - £5,000,000; terms 1 to 10 years; interest from 5.50% to 12.00% per annum (variable or fixed). Loans require 12 months trading and property as security. See commercial mortgages for further info.
Asset & Equipment Finance: £5,000 - £1,000,000; terms 12 months to 7 years; interest 4.50% - 12.00% per annum. Asset acts as collateral to reduce lender risk. See asset finance details.
Invoice / Debtor Finance: £50,000 - £2,000,000 (up to 90% of invoice value); revolving with 30-120 day cycles; base rate plus margin 2.50% - 5.00%. See invoice financing.
Trade Finance / Import Finance: £20,000 - £1,500,000; 30 to 180 days per transaction; fees and interest applied per funding period. Details at trade finance.
Insurance Premium Funding: £1,000 - £500,000; 3 to 12-month terms; flat rate interest 6.00% - 14.00%.
Development & Construction Finance: £250,000 - £10,000,000; 6 to 24 months terms; interest 7.00% - 15.00% per annum. More on development finance.

How to Apply

Application through Chorus is primarily online or via a dedicated relationship manager. The process involves submitting business and financial documents for credit analysis and lender matching. Decision times vary by loan product, with faster approvals for unsecured loans.

Submit application online or with help from a relationship manager; request form available at application form.
Provide necessary documents including identification, 6-12 months bank statements, financials, and asset details for secured loans, explained at full payment submission.
Await decision within 2 hours to 5 business days depending on product; unsecured loans often approved within 24 hours.
Use electronic signatures and digital document upload for convenience; no early repayment penalties usually apply.

Funding Agent's view

Chorus Business Finance acts as an intermediary offering access to a broad range of SME finance products via third-party lenders. Its technology-first approach favours businesses that seek choice, speed, and tailored service. However, its broker model means rates and terms are set by funders, with limited direct lender interaction. Start-ups with minimal trading history may find it less suitable. To explore your loan eligibility and compare options, visit loan eligibility requirements, use the unsecured business loan calculator, and browse business loan options.