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 Term Loan

£50,000 - £2,000,000

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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 3 years

Minimum Turnover and Trading Age:

12 months trading and £120,000 annual turnover

Interest Rate:

8.50% - 28.00% APR (representative)

Fees:

Arrangement fee 1%-3%; brokerage fee up to 3%; early repayment fee generally none

Loan Type:

Secured Business Term Loan

Loan Range:

£50,000 - £2,000,000

Loan Terms:

1 year to 7 years

Minimum Turnover and Trading Age:

2 years trading preferred

Interest Rate:

6.00% - 12.50% APR

Fees:

Valuation fee (where applicable); arrangement fee 1%-2%; early repayment charge typically 3-6 months’ interest in year 1

Loan Type:

Asset & Equipment Finance

Loan Range:

£5,000 - £1,500,000

Loan Terms:

1 year to 7 years

Minimum Turnover and Trading Age:

6 months trading (start-ups considered if directors have experience)

Interest Rate:

4.50% - 11.00% APR

Fees:

Documentation fee £150-£495; brokerage fee up to 2%; option-to-purchase fee where applicable

Loan Type:

Commercial Vehicle Finance

Loan Range:

£10,000 - £750,000

Loan Terms:

1 year to 7 years

Minimum Turnover and Trading Age:

6 months trading

Interest Rate:

5.00% - 12.50% APR

Fees:

Documentation fee £150-£350; brokerage fee up to 2%

Loan Type:

Invoice Finance / Factoring

Loan Range:

£50,000 - £5,000,000 (facility limit); up to 90% advance on invoices

Loan Terms:

Revolving facility – 12-month renewable agreements

Minimum Turnover and Trading Age:

£250,000 annual turnover; 6 months trading

Interest Rate:

1.50% - 3.50% over base on drawn funds + service fee 0.20%-2.50% of turnover

Fees:

Service fee and discount charge; audit fee on set-up; trust account fee where required

Loan Type:

Trade Finance / Import Finance

Loan Range:

£25,000 - £2,000,000 per transaction cycle

Loan Terms:

Up to 180 days per trade cycle

Minimum Turnover and Trading Age:

12 months trading; evidence of confirmed purchase orders

Interest Rate:

1.25% - 2.50% per 30-day cycle

Fees:

Transaction fee 0.50%-2.00%; FX margin if applicable

More About Chorus Business Finance

Chorus Business Finance is an independent commercial finance broker established in 2011, primarily based in Australia. It offers a wide range of business funding solutions through a panel of over 60 lenders including banks, specialist lenders and private funders. Chorus is not FCA-authorised in the UK but provides brokerage services that do not require such regulation for UK corporate borrowers. This lender may suit established SMEs seeking flexible funding options and dedicated relationship management. Learn more about Chorus Business Finance reviews and financing options.

Key Features of Chorus Business Finance

The lender offers practical benefits allowing businesses to access competitive rates and customised finance packages supported by dedicated managers. Its online-first approach ensures efficiency across its extensive lender panel.

Single application reaches numerous lenders, reducing administrative burden; see tools for application management.
Offers blended finance solutions combining multiple products; browse financing options available.
No upfront fees and success-based brokerage charges; consult calculators to estimate costs.
Specialist sectors include property, construction and asset-heavy industries; compare with other lenders.
Dedicated account managers provide tailored support throughout funding process; check contact form.

Funding Eligibility

You may qualify for funding through Chorus Business Finance if your business has typically traded for 6 to 12 months, depending on the product. Minimum turnovers generally start from £100,000 for unsecured loans and £250,000 for invoice finance. UK companies are accepted but with additional underwriting due to the Australian base. Personal guarantees are often required, and some sectors are excluded such as arms trade and gambling. For detailed criteria, check how to qualify for a business loan in the UK, business plan tools, and business loan calculators.

Loan Options Available

Chorus Business Finance arranges several types of loans, addressing various business needs and levels of security requirements.

Unsecured Business Loan: £10,000 - £500,000 over 3 months to 3 years with representative APR from 8.50% to 28.00%. No asset security required but personal guarantees usually needed. See unsecured business loans for details.
Secured Business Term Loan: £50,000 - £2,000,000 for 1 to 7 years, APR 6.00% - 12.50%. Requires property or asset security plus personal guarantees. More suitable for businesses with 2+ years trading. Learn more on term loans.
Asset & Equipment Finance: £5,000 - £1,500,000 for 1 to 7 years, APR 4.50% - 11.00%. The financed asset acts as security. Deposits and personal guarantees may apply. Visit asset finance pages.
Commercial Vehicle Finance: £10,000 - £750,000, term 1 to 7 years, APR 5.00% - 12.50%. Specialized for HGV, PSV, and plant vehicles. See commercial vehicle finance under asset finance.
Invoice Finance / Factoring: Facility limits £50,000 - £5,000,000 with advances up to 90% of invoices, revolving 12-month terms. Interest margins and service fees apply. Access invoice finance products.
Trade Finance / Import Finance: £25,000 - £2,000,000 per trade cycle up to 180 days. For funding overseas purchases with supplier guarantees. More on trade finance.
Commercial Property Loan (Investment): £250,000 - £5,000,000, terms up to 25 years with 4.00% - 8.00% APR variable or fixed. Property used as security. Visit commercial mortgages.
Property Development Finance: £500,000 - £10,000,000, up to 24 months with possible extensions. Interest rolled-up. Requires development track record and security. Details at property development finance.
Bridging Loan: £100,000 - £3,000,000, 1 to 18 months term. Asset-backed with higher monthly costs and fast completions. See bridging loans.
Insurance Premium Funding: £2,500 - £500,000 for 6 to 12 months. Spreads cost of insurance premiums with no tangible security. Read more on insurance premium funding.

How to Apply

The application process is primarily online with dedicated support. Typical decision times range from 24-48 hours for unsecured loans and 5-10 days for secured facilities.

Begin with the online enquiry form for a same-day callback. Access the application form.
Submit business accounts, bank statements, and ID documents via email or phone as requested. Check the document checklist.
Receive indicative offers quickly, usually within 24-48 hours for standard loans and up to 10 days for property finance. Review the decision timelines.
Complete legal and valuation steps as instructed. Sign agreements and drawdown funds when ready.

Funding Agent’s View on Chorus Business Finance

Chorus Business Finance acts as a versatile intermediary with access to a broad spectrum of funding products. It suits established SMEs seeking flexibility and expert support. However, the reliance on third-party lenders means rates and terms vary. UK startups or companies unwilling to provide personal guarantees may find alternative lenders better aligned with their needs. Consult Funding Agent’s loan calculator, check your eligibility, or view other lenders before proceeding.