SME Finance and SME Loans
The current economic climate makes it difficult for SMEs to access the vital funding they need to invest in their business and grow. Since the credit crunch, the major high street lenders have been increasingly reluctant to extend financing to smaller start-ups or even established firms. Those businesses that can access vital funding find that the process is increasingly complex and the conditions punitive.
Even the Government has identified access to finance as a key area of concern, with businesses requiring credit and loans to help build the economy and ensure its stability. Britain’s economy is predicated on a nation of entrepreneurs and SMEs, and big banking isn’t playing its part.
However, where a problem exists in business, a solution will invariably follow. A wave of specialist new lenders, such as NCF, have entered the market and are rapidly becoming the lenders of choice for SMEs.
Open and ready to lend
NCF is guaranteed to be open for business. We accept 98 per cent of customer applications and use a simple process that means we can make a decision on lending in just three hours. Even better, we can ensure that our customers have loan funds in their business accounts just 24 hours after the initial application.
Flexible products to suit
We offer a wide range of lending products to suit all business needs, with loans starting from £10,000 and going right up to £500,000. We offer part-financing, refinancing of existing assets and 100 per cent financing. We can fund any type of investment including shop re-fits, workshop re-fits, materials purchases, asset upgrades, machinery refinance and fleet finance.
We never put charges onto land or property and our rates are attractive. We also offer flexible repayment schemes, including variable and staged, and your loan period can be from six months through to five years.
Additionally, we also offer financing on all renewable energy projects including solar, biomass, wind, hydro and more. This is a great way for businesses to save money on their utility bills whilst benefiting from an extra income via the Government’s subsidy schemes. Contact us to find out more.
Our lending team are friendly, knowledgeable and ready to help guide you through the simple and quick application process. Call us today to find out more, or complete our online contact form and one of the team will be in touch at a time to suit you.
All customers must have been in business for at least one year and be based in the UK. We lend to business customers only.