While many lenders use a credit scoring system when lending money, quick business loans provide businesses with a fast 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, quick business loans are processed much faster, often within 24 hours of application.
Quick 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.
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.
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.
Hitachi made the process of moving factoring facilities painless, bearing in mind we previously had our facility with the same provider since 1997. I cant fault Hitachi's staff and processes and we are delighted with the move.
10:45, October 21, 2021
Staff excellent all together professional
05:57, October 03, 2021
Great service so far
14:20, August 27, 2021
Game-changer for our transport business
16:29, August 07, 2021
Excellent customer support
11:53, August 06, 2021