Millbrook Business Finance Limited is a UK-based commercial finance broker established in 2016. It arranges a broad selection of business funding solutions via more than 100 partner lenders. The lender serves a range of businesses from start-ups to established SMEs, offering facilities from £5,000 to £25 million. Their services include unsecured loans, asset finance, invoice finance and property-backed facilities, suited to those seeking variety and speed through a digital process. For further details on general business loans and unsecured business loans, see related information.

Key Features of Millbrook Business Finance

The broker provides convenience and breadth with its digital platform and dedicated support. Multiple offers can be obtained from a single application, and specialised sector knowledge supports complex needs.

• Access to over 100 UK lenders with tailored business funding solutions; compare in financing options.
• Digital application including e-signatures and open-banking data for fast processing; see loan application form.
• Dedicated account managers maintain guidance through the loan term; related insight in loan qualification guides.
• Start-ups eligible for asset finance; larger transactions can combine secured and unsecured products; overview of asset finance.
• Sector specialism in construction, transport, manufacturing and renewables supports tailored credit assessments.

Funding Eligibility

Businesses typically qualify based on trading history and financial turnover. Generally, 6 to 12 months trading is required, with minimum annual turnover from £100,000 for unsecured loans to £250,000 for invoice finance. Limited companies or LLPs with UK-resident directors usually qualify. Personal guarantees and collateral may be requested depending on the facility type. For more on loan eligibility requirements and the role of collateral or enterprise finance guarantees, see these guides.

Loan Options

Millbrook offers a broad selection of business financing products ranging from small scale unsecured loans to large property-backed facilities. Below are some options with typical ranges and terms.

• Unsecured Business Loan: £10,000 - £500,000, terms 3 months to 5 years, representative APR 7.9% - 29.9%. Suitable for working capital without security. See unsecured business loans.
• Secured Business Loan: £50,000 - £2,000,000, terms 1 to 7 years, APR 5.5% - 15%. Requires asset security often with personal guarantees. Further information on secured loans.
• Asset Finance (Hire Purchase & Finance Lease): £5,000 - £5,000,000, 1 to 7 years, flat rates of 4.5% - 12%. Asset acts as security. Explained at asset finance.
• Invoice Finance: £50,000 - £10 million facility limits, rolling 12-month agreements. Margin over base rates plus service fees. Advances up to 90% of invoice value. Details in invoice financing.
• Merchant Cash Advance: £5,000 - £300,000, repaid via card turnover within 4-12 months, higher effective cost. See merchant cash advances.
• Revolving Credit Facility: £10,000 - £250,000, 6 months to 2 years on renewable terms. Interest paid only on drawn amounts. More on revolving credit loans.
• Bridging Finance: £100,000 - £20 million, 1 month to 24 months, monthly interest 0.55% to 1.5%. Property-backed loans for quick funding. See bridging loans.

How to Apply

The application process is digital and designed for speed. Applicants should prepare relevant financial documents to support quick credit decisions.

• Submit an online or telephone application with digital document upload; form available at application form.
• Provide latest 3-12 months of bank statements, filed accounts or management accounts, director ID and proof of address, and other asset or property documentation as relevant.
• Expect decisions as fast as 4 hours for unsecured loans; asset finance decisions within 2-5 days; property-backed financing may take 1-4 weeks.
• Sign documents digitally using e-signature to enable same-day fund release for smaller loans; more on application process.

Funding Agent's Review of Millbrook Business Finance

Millbrook Business Finance benefits SMEs through its wide lender panel and digital approach, offering funding flexibility from £5,000 to £25 million. While offering fast decisions under £250k and tailored account management, limitations include broker dependency on lender rates, personal guarantees, and potential third-party fees. Businesses interested should evaluate eligibility criteria and loan options carefully using tools like the business loan calculator and eligibility guides to find the most suitable funding solution.