Touch Financial Reviews

Touch Financial Support Ltd is a UK-based commercial finance broker established in 2008 and operating as part of the SFP Group. It arranges business funding solutions for small and medium-sized enterprises, offering access to a wide lender panel for options such as invoice finance, asset finance, and business loans. Touch Financial suits businesses seeking to compare funding offers without upfront cost or direct lender bias.

Key features of Touch Financial Support Ltd

Touch Financial provides a range of practical features designed to simplify and support the funding search for growing UK businesses.

• Online enquiry form with instant eligibility checker for quick initial feedback.
• Dedicated funding consultant to guide applicants and manage queries throughout the process.
• Panel of over 35 regulated lenders offering broad finance product variety.
• Educational resources and downloadable guides to help clients understand funding types.
• No-obligation quotes and proposal reports supporting transparent comparison.

Who is eligible for funding?

You may qualify if your business is UK-registered and has traded for at least 6-12 months, with a minimum annual turnover around £100,000 for most lending products. Start-ups may be eligible with suitable security. Lender criteria vary by product, and the business sector must not be excluded.

What loan options are available?

Touch Financial offers access to a variety of business loan types suitable for different purposes—covering working capital, asset purchase, cashflow gaps, and tax funding. Amounts, terms, and rates depend on the selected product and underlying lender.

• Selective or Spot Invoice Finance: Fund single invoices from £5,000 to £500,000 per invoice. Typical fees are 2% - 5% of invoice value, with terms from 30 to 120 days.
• Merchant Cash Advance: Borrow £5,000 to £300,000, repaid from future card sales over 3 to 12 months. Factor rates range from 10% to 50% as a fixed fee.
• Asset Finance (Hire Purchase/Lease): Access £5,000 to £5,000,000 for equipment over 12 months to 7 years, with rates between 3% - 15% APR.
• Bridging Finance: Secure £50,000 to £25,000,000 on property for 1 to 24 months. Interest rates are 0.45% - 1.5% per month plus fees.
• Invoice Factoring: Advance up to 90% of invoice value, typically £50,000 - £10,000,000 facility. Discount fee is 0.5% - 3% per 30 days.
• Invoice Discounting: Facilities from £100,000 to £15,000,000. Discount margin 0.35% - 2.5% above base rate, renewed yearly.
• Business Term Loans: Unsecured from £10,000 to £500,000, secured up to £2,000,000. Loan terms 3 months to 5 years, rates 6% - 30% APR.
• VAT & Tax Funding: Funding £25,000 to £5,000,000 to cover tax bills over 3 to 12 months. Interest from 8% - 15% APR equivalent.

How does the application process work?

Applicants can enquire and submit documents online or over the phone. Indicative eligibility is provided within minutes, while lender approvals typically take 1-3 days. Required documents include recent accounts, bank statements, and specific facility data. Funds for some options may be available in 24 hours once approved.

• Submit your details using the online enquiry form or call for initial assessment.
• Provide supporting documents such as accounts, bank statements, and (for invoice finance) your debtor ledger.
• Review financial offers, product features, and comparison proposals as prepared by your dedicated funding consultant.
• Accept and complete formal documentation with the chosen lender. Funding can follow quickly, subject to final checks and agreements.

Funding Agent’s view

Touch Financial Support Ltd stands out for its lender panel approach and specialist brokerage services, especially for invoice and working capital finance. Its model may suit SMEs seeking choice, advice, and the ability to compare business finance options without upfront commitment. For tailored eligibility and detailed comparisons, explore further resources or use a funding eligibility checker.