What Rates Are Available?
Commercial loan interest rates start from as low as 3% for strong businesses. Larger loans may even lead to rates below this figure for successful, established businesses.
The interest rate charged will depend on the strength and credit history of the business that is applying, and the type of product chosen.
Depending on the reason for funding and the sector of the applicant, other products may be used either as an alternative to a commercial loan or alongside it. Various products can be structured to provide the ideal solution to the applicant, on the ideal repayment terms.
Although we can offer loans to businesses of any size, larger commercial loans are usually available to businesses who turnover over £1,000,000. Clean credit is preferred, but any minor previous issues that have a strong explanation will be considered.
The Role Of A Commercial Finance Broker
As a specialist commercial finance broker, we are able to structure the appropriate products to ensure the cash injection you need is available and delivered on time. Our role goes beyond just securing you the lowest rate for your circumstances, we listen to exactly what you need, and how you require the product to work for you.
This may lead to a commercial loan being offered in conjunction with other products where required, to fully meet your needs.
Commercial finance is a complex area and needs specialist attention. To get started, discuss your circumstances and requirements with one of our commercial finance experts and we’ll talk through exactly how we can help.