Credit4 Ltd is a London-based lender founded in 2014, focused on providing flexible medium-term growth and working-capital finance to UK SMEs. Operating through brokers, it offers unsecured and quasi-secured funding between £15,000 and £500,000. While suited to established SMEs with modest asset bases, it positions itself between traditional bank lending and fintech micro-loans. Explore more about Credit4 Reviews and working capital loans for SMEs.
Key Features of Credit4 Ltd
The lender provides practical funding solutions with several flexible features that accommodate different SME growth needs. Its broker-led approach emphasises tailored support and timely decisions.
- Offers revolving and term-loan structures, allowing choice of drawdown and repayment methods with flexibility. See revolving credit loans details.
- Facilitates combining multiple facilities for bespoke funding packages to suit growth plans and cash-flow cycles.
- Relies mainly on cash-flow and personal guarantees, not fixed asset security, safeguarding company assets. Learn about personal guarantees.
- Credit decisions typically within 48 hours after receiving complete proposals, supported by direct broker and underwriter communication.
- Allows funding in staged drawdowns, aligning capital release with project milestones without extra fees.
Funding Eligibility
You may qualify for Credit4 funding if your business meets certain trading and turnover thresholds, supported by documented profitability and financial controls. The lender excludes some sectors and locations.
- Minimum trading period: 12 months for revolving credit, 24 months for term loans; review business loan qualification criteria.
- Annual turnover required: from £250,000 to £400,000 depending on loan type; see eligibility tools for assessment.
- Operations limited to England, Wales, and mainland Scotland; excludes certain industries such as gambling and property speculation.
Loan Options
Credit4 offers a selection of loan types targeting different SME capital needs, from revolving credit lines to longer-term growth capital.
- Flexi-Credit Revolving Facility: £15,000 to £150,000 per facility, renewable up to 3 years; monthly interest from 1.50% to 2.50%; no exit fees; suitable for seasonal cash-flow needs.
- Growth Capital Term Loan: £30,000 to £500,000 over 24 to 60 months; fixed rates between 15% and 24% per annum; funds disbursed within 5 days.
- Structured combined facility of revolving and term loans, up to £750,000 total, blending terms and rates, with flexible rebalancing of limits.
How to Apply
The application process is broker-led with swift turnaround times. Businesses should prepare detailed financial documentation to support credit assessment and help meet lender requirements.
- Submit your proposal via an approved commercial finance broker, who will manage documentation and communication. Access application forms.
- Provide last two years’ filed accounts, latest management accounts, and 12-month cash-flow forecast for review.
- Undergo prompt credit decision typically within 24 to 48 hours after submission of full proposals and documents.
- Legal documents are signed electronically and funds released within 24 to 48 hours after execution.
Funding Agent's view on Credit4 Ltd
Credit4 Ltd fills a market niche offering mid-sized, cash-flow-focused funding to established SMEs without requiring tangible assets. Its flexible revolving and term loan options suit growing businesses that can manage the higher-than-bank pricing and detailed reporting. Use our eligibility checker and loan comparison tools to assess fit and next steps.
