Unsecured Business Finance

Unsecured Funding Options for your Business

From a variety of Unsecured Business Loans to Merchant Cash Advances, we can offer up to £500k to give your business a cash injection.   We work with multiple Lenders to bring you fast unsecured finance for your business - just talk to us about your requirements and we will hunt down the best funding deal for you.

Unsecured Business Loans

We can source unsecured business loans from £3k up to £500,000.  If you apply today we can agree funding decisions within 24 hours with funds transferred in as little as 5 days.   We can also arrange loans to include:

>   Top-ups and repayment holidays available

>   Early repayments 

>   Repay in fixed monthly repayments over 6 months to 5 years 

We offer unsecured business loans for almost any purpose:

  • Upgrades or purchases of new machinery
  • Liability payments
  • Expansion and growth
  • One-off costs
  • Hiring new staff
  • Premises refurbishment
  • Asset and stock purchasing
  • Recruitment Tax payments
  • Funding contracts

Who can apply for an Unsecured Business Loan?

Some of our key Lenders require that your business be trading for a minimum of six months.   Depending on the amount you want to borrow, and the turnover of your business, you may be asked to supply your latest set of accounts.   All Lenders will want to see at least 3 months of bank statements (so they can check you have a healthy cash flow) and also require that at least one Director resides in the UK.  The benefit of working with Reality Finance is we can approach the right lender on your behalf after learning more about your business, so we have no single set of requirements to progress your application.

Merchant Cash Advances

If your business takes card payments, and you're in need of ultra-flexible finance, then a Merchant Cash Advance could be for you.  Funds can be sourced fast and hassle-free:  you could get up to £500k in your business account in days. 

Who can apply for a Merchant Cash Advance?

This depends on the Lender we approach on your behalf and how much cash your business needs.   Many will require you have been trading for 9 months, and have a minimum turnover via your card terminals.  As with the Unsecured Loans, you will be asked to supply at least 3 months of bank statements.

Merchant Cash Advances - some key information:

  • A Merchant Cash Advance is different from a business loan:  you only repay when you get paid yourself and there are no fixed repayment amounts or terms.   It works by taking a percentage of your card takings until the borrowed amount is paid in full.

  • You don't need to change your card terminal provider:  Our Lenders are flexible around your current arrangements.

  • An MCA is fast- we can obtain an instant quotation for your business and secure funding within a few days.

Where is a Merchant Cash Advance or Unsecured Funding NOT appropriate?

We will struggle to arrange you unsecured business lending if you are in certain industries, such as telemarketing and call centres, financial services or used car dealerships.   However there are many other ways we can arrange funding for your business.    From Hire Purchase agreements to Finance Leases, we can pretty much any business asset or project.

Ever wondered what assets you can invest in by using Finance?   View our 5 unexpected uses for finance blog piece.