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Fast Business Loans

How do fast business loans work and is it the right loan solution for your business?

31 reviews

Our reviews are based on realtime feedback 

Our reviews are based on realtime feedback 

While many lenders use a credit scoring system when lending money, fast business loans provide businesses with a quick and easy alternative to get the funding they need. Ranging from as little as £5,000 all the way up to £200,000, this type of loan suits SMEs with previous bad or no credit history. Unlike traditional business loans which can take days and weeks to be approved, fast business loans are processed much quicker, often within 24 hours of application.

How do Fast Business Loans work?

Fast business loans are available without hard credit checks and unlike traditional bank loans, come without fixed monthly costs, hidden APR or other hidden payments. When you take out a loan, you will agree to repay a percentage of sales that come from credit and debit cards to your lender, which means you pay back your loan when your customers pay you. This means you’ll pay off more of your quick business loan when sales are high, but don’t have to pay as much if your business sees a dip in sales.

Is a Fast Business Loan right for my business?

If you need a quick business loan or you’ve struggled to get a loan from a bank, fast business loans could be a good option. Quick business loans provide much needed cash straight away without slow approval, often within 24 hours. SMEs can access these loans, even with bad or no credit history and there are no surprises - you agree a percentage of your sales to repay each month.


What are the main pros and cons of a fast business loan?

Pros

    • Available on flexible terms ranging from one to 12 months
    • Businesses can choose what they spend the money on
    • Applications have no impact on credit rating
    • Available to businesses with bad or little credit history
    • Quick business loans are fast and easy

 

Cons

    • Tend to be more expensive than traditional bank loans
    • They can create potential for significant debt​​

  • Have you thought about Invoice Finance as a fast business loan solution for your business?

    Invoice finance providers help business owners leverage their unpaid invoices in order to provide an instant cash injection into the business. Lenders release up to 90% of a business’s invoice straight away, and on payment of the invoice from their customers, will release the final amount, minus any fees and charges. 

    As well as boosting your cashflow without having to wait up to 120 days for customers to pay you, invoice finance providers will also chase your invoices for you.

    We are an invoice financing company who offer a solution whereby payments are collected on your behalf managed by our team of expert credit controllers so you can focus on running your business. Our Confidential Invoice Discounting solution is offered to businesses who want to maintain their own credit control processes, therefore this remains strictly confidential so your customers are unaware of our involvement.

    The benefits of invoice finance companies such as Hitachi Capital
      • Boost your cashflow without having to wait up to 120 days for your customers to pay you
      • An invoice finance company with a revolutionary digital onboarding process, giving you quicker access to funds and the ability to take on new business remotely during this lockdown period
      • Release up to 90% of the invoice straight away, and the final 10% when the invoice is settled
      • No need to chase your invoices, we can do it for you
      • 6 month trial period followed by a rolling contract

Get a quote online or call 0808 250 0859

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We have revolutionised quick business loans with our digital onboarding process


We are an award winning invoice finance company

Best Invoice Finance Service 2021

Highly Commended Factoring Provider 2021

Best Invoice Discounting Provider 2020


4.7/5

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Please note that costs are an estimate only and are based on the entered values. Your final quote may change once a Business Development Manager has assessed your business in more detail.

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Why choose Hitachi Capital Invoice Finance as an alternative to a Fast Business Loan

      • A 6 month trial period so you can be sure the product is right for you
      • Followed by a 6 month rolling contract – we don’t tie our clients in for long periods
      • A one fee solution with no hidden fees
      • Award-winning client service by our team of expert Client Managers
      • Our Relationship Management team are in the field to visit you in person
      • We are part of Hitachi Capital (UK) PLC, a company that is going from strength to strength – we’re here for the long term.

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Smarter, Faster and Simpler Cashflow Finance with Hitachi Capital

Find out how we are revolutionising the way UK SME's access cashflow finance.


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0808 250 0859

08.45 - 17.15 Monday to Friday