Rangewell Limited, founded in 2015 and authorised by the Financial Conduct Authority, acts as a commercial finance broker connecting UK businesses with over 300 lenders. It specialises in sourcing tailored funding solutions spanning term loans, asset finance, property finance, and working capital facilities. As a broker, Rangewell does not lend its own capital but supports navigating the lending landscape, suitable for UK SMEs and property professionals seeking a wide range of funding options. For more on business loans and finance options, see business loans and financing options.
Key Features of Rangewell
The lender offers a comprehensive, digital-first approach with specialist advice. Its whole-of-market access allows for varied and complex funding needs to be met efficiently.
- Access to more than 300 lenders including banks, specialist lenders, and alternative finance providers such as those featured among lenders.
- Dedicated sector specialist advisers provide personalised funding structuring, supported by a streamlined digital platform offering quick indicative quotes. More about loan services can be found at business loan services reviews.
- The platform supports multi-product funding packages combining products like asset finance and VAT loans, enhancing flexibility for businesses, details of which are covered under asset finance and VAT loans.
Funding Eligibility
Typical eligibility requires a minimum trading history and turnover, but Rangewell’s access to multiple lenders broadens potential acceptance criteria. UK business location and sector restrictions apply. Personal guarantees are commonly needed.
- Eligibility usually involves meeting requirements on trading history and turnover, explained further in how to qualify for a business loan.
- Businesses must be registered in the UK and provide management accounts and bank statements, as detailed in application documents needed.
- Personal guarantees are typical and explained in understanding personal guarantees in business loans.
Loan Options Available
Rangewell facilitates access to a broad range of loan types, from smaller unsecured loans to large secured property finance products.
- Unsecured Business Loan: £25,000 - £500,000 with terms from 3 months to 5 years, interest rates typically between 6% and 20% APR. Personal guarantees usually required. Details at unsecured business loans.
- Secured Business Loan: £50,000 - £10,000,000; terms often 1 to 15 years; interest rates 4% to 12% APR; security and personal guarantees commonly needed. See business loans overview.
- Asset Finance (Hire Purchase / Finance Lease): £5,000 - £5,000,000; terms 1 to 7 years; rates from 3.5% flat rate (6%-12% APR equivalent). Uses the asset as security. More at asset finance.
- Invoice Finance: Facility £50,000 to £10,000,000; advances up to 90% of invoice value; revolving terms 30-120 days; discount margins 2%-4% over Base Rate. Details at invoice financing.
- Merchant Cash Advance: £5,000 - £500,000; repayable over 3 to 18 months as a percentage of card sales; factor rates 1.10-1.50 (equivalent 15%-60% APR). Learn more at MCA loans.
- Bridging Loan: £50,000 - £25,000,000; 1 to 24 months terms; monthly interest range 0.45% to 1.50%; secured by property. See bridging loans.
- Property Development Finance: £500,000 - £25,000,000; up to 36 months terms; interest 4%-12% p.a.; security and guarantees required. More at development finance.
- Commercial Mortgage: £75,000 - £10,000,000; 3 to 25 years terms; interest 3%-8% APR fixed or variable; secured by property. See commercial mortgages.
- Revolving Credit Facility / Overdraft Alternative: £10,000 - £500,000 limits; open-ended terms reviewed annually; interest 8%-18% APR plus fees. Details at revolving credit loans.
- VAT & Corporation Tax Funding: £10,000 - £2,000,000; 3 to 12 months terms; interest 6%-15% APR. Details at VAT loans.
How to Apply
Applications are online or via phone, focusing on documentation submission and adviser review. Turnaround varies by product complexity and lender.
- Submit an enquiry using an online form; initial quote responses come within minutes. See application form.
- Provide essential documents such as bank statements, accounts, ID, asset details, or property information. Reference application documents needed.
- Expect credit and affordability checks, with formal decisions generally within 24-72 hours for simpler loans, longer for property finance. More about timelines at loan approval timeline.
- Finalise with electronic signature via a secure document upload portal. Steps in the loan application process.
Funding Agent's View on Rangewell
Rangewell provides broad access to the UK commercial finance market via a FCA-authorised broker model. It suits businesses seeking a variety of finance options, including complex funding packages. The broker nature adds fees and reliance on third-party lenders for approval and pricing. For those assessing suitability, tools such as the loan comparison tool, eligibility guide, and business loan options can assist in decision-making before engagement.
