When searching for a loan, it’s important to ensure that a business is borrowing the right amount. Although there will be times when a long-term agreement is needed, some companies may only need access to a small amount of capital. For this reason, many consider the benefits of short-term business loans in the UK.
A short-term business loan is an amount that can normally be paid off within the year and is ideal for those unexpected occurrences such as bills or a new vehicle.
Why choose short term business loans UK
The last thing a business wants to do is borrow more than it needs, as this could lead to financial dire straits later one.
Knowing how much a business needs before making an application ensures that it stays within its budget, and has no problem making the repayments of the loan.
Due to the nature of the loan, the repayments will be split into twelve instalments along with the interest. Applicants will be made aware of the payments before committing to the loan.
If your business is currently in need of some urgent capital and find that the high street alternatives want mass amounts of paperwork, then why not use The Funding Store. As well as an easy application process, The Funding Store can also ensure that a business is given a decision as soon as possible.
Short term business loans UK
There is no single Short term business loans UK solution that works for every business, so we tailor our service and support to your needs. We work with a wide range of reputable lenders to bring you choice and competitive finance options.
Contact our Short term business loans UK team
We work with all types of businesses in the UK. Apply for finance via the form on this page or contact us, 7 days a week, to discuss your requirements.
Our UK based account managers are experienced in business and finance and can talk you through your options and build a tailored solution that works for you.