Funding your new business is easy with Nationwide - call 01234 240155.
Our specialist team helps finance thousands of new businesses start up and trade every week.
Most lenders and banks are not prepared to lend a startup loan to a business and require you to jump through unrealistic hoops, using outdated processes with impossible hurdles in your way.
We want to lend to your new business. We look at the likely success of your business, the people behind it and their experience, we want to approve your funding.
This is what makes Nationwide Corporate Finance so unusual. All proposals are considered by people and not machines. Every situation and proposal is different and therefore needs our specialist team.
Make your Idea a Reality, stop searching. We will help you.
We have a specialist department solely providing new start up businesses with: Start up funding or finance to purchase a business, start-up capital and general cash flow finance for stock and staff.
We understand the challenges that start-up businesses have. Our huge experience means that no matter how unusual your requirements are, we already understand how to help.
We will not be able to offer finance if you are located in Scotland, Northern or Republic of Ireland. We offer both unsecured and secured funding, dependent on credit guarantors may be required.
What we require to make a decision?
- Names, Dates of Birth and Home Addresses for all the business owners
- Details of what you plan to do and where
- A chat about your experience and what your business will do
Unlike a business loan, our finance agreements do NOT have out-of-date credit questions that waste your time. We offer fast business finance on tax efficient asset finance and refinance agreements. Your application will have a decision within 2 hours and we will try everything to approve your funding. Our fast and modern thinking approach guarantees you will have your funds within 24 hours.
You have the flexibility to settle the finance agreements early and there are no additional penalties for doing so, you will pay exactly the same amount if you settle the agreement early or if you let the agreement run its full term. The settlement calculation is simply, all the contractual payments that would have fallen due on the agreement are added together along with any notice period with no discount and this will form the settlement figure. We suggest to clients that are considering to settle agreements early to use your surplus funds within the business or put into an investment / high interest accounts, settling the finance agreement early has no saving and no benefit due to the settlement procedure that follows a strict funding covenant
You will be required to give personal and/or corporate guarantee(s) to support the finance Agreement with your company and you maybe asked to provide a guarantor to guarantee your businesses liabilities, in addition, dependent on agreement and amount borrowed and the credit status the lender will require a unilateral notice or Legal Charge over your residential property and/or business property and/or any guarantor’s residence property. A fixed and floating charge over the assets of your company or any corporate guarantor (a “debenture”) will also be required.