Business Loans
Charleston Financial can provide customers with options for business loans which are a standalone product away from commercial property mortgages.
Business loans are generally provided on an unsecured basis, although most lenders will still require a personal guarantee, and a debenture on the company.
The main stipulation for business finance is that the funds borrowed must be for the sole purpose of business; this can include, but is not limited to;
- Cash flow for working capital
- Consolidation of current business borrowing, for example, credit cards, overdrafts, and hire purchase
- VAT loans
- Payment of corporation tax
- Deposits toward commercial property
- Renovations toward business premises
- Growth Capital
- Asset Finance/Refinance
- loan sizes from £10,000 to £500,000
for a no obligation quote
I have to place on record that working with you guys is far more pro-active that the main banks - I'm finding them slower than ever in their response time and internal procedures, you are very refreshing, keep up the good work.
Business Loans
We can arrange business loans from 12 months to 6 years and can arrange loans for the following business types
- Private Limited companies
- Limited liability partnerships
- Partnerships
- Sole Traders
Following an initial telephone conversation, which provides us the opportunity to determine the suitability of a business loan, typically, all we require to obtain a lending decision will be the following:-
- Proof of identity by way of a copy of the guarantors’ passports
- Proof of address (utility bill, bank statement, etc) dated within the last 3 months
- 6 months of business bank statements
- 1 or 2 years filed accounts showing profitability
Should you wish to find out more or discuss your options with our business loan experts, please contact us on (telephone number)
