Address:
128 City Road, London, EC1V 2NX
- Home
- Business Finance
- Loans
- Industries
- Blog
- Apply Now
Limited companies have multiple funding options, including business loans for Limited Company. This loan option is quite popular in the UK as it allows unsecured funds to be borrowed. However, a borrower can also choose to pledge an asset if he wants to borrow a larger amount for a longer tenure. The loan procedures are speedy and money deposit happens in a time as short as 24 hours. The funds can be used for multiple purposes, which means, there is no restriction on the use of the money.
Due to abundance of loan options, borrowers may end up taking any random loan deal. TheBusinessFunds is a business finance broker that owns a vast panel of lenders selling LTD company loans. We will understand your business goals and will send a list of finance companies most relevant to your requirements. Our experts know which lender gives the best rates and repayments for your specific needs on unsecured loans.
Let us talk over a call, or you can leave a query, and we will contact you. Click here and let’s find a business loan for a Limited Company for you.
What is a limited company?
A limited company is private company limited by shared. It has shareholders (no specific number) with a share or ownership in the business. Such a company should be registered with the Companies House as a Ltd. Company.
A limited company business loan is a funding option available for private limited companies. You can also search it as the business loans for limited companies. The loans are available as unsecured as well as secured loans. The loan amount can span from £5000 to £500,000 and tenure is 3 months to 60 months. Numberless finance companies offer limited company loans.
According to data, more than 45% of corporate businesses are registered as the limited companies.
Features of limited company business loans -
All the lenders registered on our panel offer business loans with the abovementioned features. If you are looking forward to getting a limited company business loan through a broker to obtain funds, reach to us. We will find the best lenders, you choose one and soon you will see the money in your account.
Several benefits come with business loans. These have short-term and long-term business loans benefits because any funding helps your business in both ways. You will be happy to know the advantages of the Business Finance for Pvt. Limited Company. Read below, as you will exploit all the benefits once you receive funds.
Improve cash flow - The loans act as a convenient source of funds. Working capital and daily cash flow needs are recurring. Relying on limited company loans will be one of the best decisions. It is obvious how important a smooth cash flow for a business can be.
Fuel for growth - Yes, exactly. When you need vital funds to take the next level, it helps further growth. Limited company business finance can also be used as growth capital loans. It has diverse roles with no restriction on how you use the funds.
Flexible conditions and repayment policies - of course, all unsecured loans always offer flexibility in rates and repayments. Every loan offer is unique because it is customised completely according to the business conditions of a borrower.
Dependably instant - In the last-minute needs of funds, one can only choose an option that never disappoints. You can trust these loans to save you when no other help is available. Whether it’s a last-minute need or the common daily working capital needs apply now and get funds.
As a business loan for a limited company is available instantly and without collateral, not much is required to be eligible for short-term business loans. However, to check the repayment capacity of the borrowers, it is inevitable to make them cross several checks. Based on the lenders we deal with daily. We have gathered the basic requirements of the eligibility criteria. Read below to learn what makes you and your business able to get a limited company loan.
The above-mentioned points are the essential criteria for the business loan for a private Limited Company. Still, depending upon the policies of varied lenders we will shortlist for you, there can be a difference. Let us know your requirements. It helps us find precisely personalised loan deals. Surprise us with a call before we ask what you are waiting for. Contact us now and our experts will help you get a fund deposit in a short time.
Regarding the cost, we can tell you the minimum interest rate is 0.9%, and the rest depends on your eligibility. It is generally the same in the case of all the finance companies. Also, we find you the lenders with no hidden fee. In fact, you can make bigger repayments than instalments to pay off your loan early without any early repayment fee or penalty.
As your business finance broker, we can also bargain with the lender on the overall cost of business loan for a limited company. We aim first to know your business well, which certainly does not take time. One call with the necessary questions should be fine.
The loan options will be unique due to customisation. Your repayment capacity, business trading history, credit score, and current obligations are all important. A quick review of the overall business circumstances will surely get you a great deal. It is essential to be transparent as much as possible because every single factor affects the cost of the loan. Want to know the cost of your limited company loan?
Use our business loan calculator to know the monthly instalments and overall cost. If your priority is to know about the loan product, then call us, and we will clear all your doubts.
Let us help you explore the reasons why you can choose us for the limited company business loans in the UK. You can talk to us over a call to get confirmation about your decision. We want our customers to be about what they are choosing.