Customised business loans for UK based businesses of all sizes. Apply and get approved for an instant small business loan – fully flexible & readily available.
Business Loans Available For:
- Expansion of business operations
- Purchasing of newer facilities, equipment or technology
- Business maintenance costs
- Cashflow management
- Inventory management
- Fulfilling of purchase orders
- Asset refinancing
- Additional recruitment
- Marketing projects
- Almost every other business-related expense
Running a profitable business requires you to always stay on top of the cashflow, i.e. the old adage – “cash is king”is certainly prevalent. However, at times, cash does also flow as well as it should – pushing businesses to look elsewhere for a temporary solution. In such cases, to cover any sort of business expenses whatsoever, you can apply for a small business loan.
Commercial Finance Network, being an industry-leading, whole of market commercial finance broker, helps you secure a business loan that is structured entirely around the needs of your business.
Key Features of the Business Loans We Broker
- Each business loan brokered by us is customised for the borrower.
- Business loans typically starting from as low as £20,000
- Business loans made accessible, regardless of the size of your business
- Flexible repayment terms, competitive interest rates
- No hidden fees
- Free, no obligation quotes available
- Decisions typically within 24 hours
Why Take a Small Business Loan?
Every business requires cash inflows to meet a variety of expenses. From paying the staff salaries to meticulously planning the new marketing drive, these expenses can be varied in size, urgency and importance. At times, your business just can’t meet some of these expenses – this is when a well-timed business loan will not only save the day, but also help your business move ahead in the market.
Commercial Finance Network helps your business loan application reach some of the most trusted business loan lenders in the UK, maximising your chances of securing a business loan.
What You Need to Know Before Applying for a Small Business Loan
Business loan applications are often approved instantly by lenders where certain conditions are met. Some of these conditions are:
- Your business is physically situated in the UK.
- A good track record for credit.
- You manage your business expenses through a business-only bank account.
- Annual turnover of your business is satisfactory (as per the lender’s discretion) to be able to cover repayments with ease.
Types of Small Business Loans
Business loans are usually taken to meet miscellaneous business expenses. Lenders, however, tend to scrutinise business loan applications based on a few standard parameters.
- Revenue Based Business Loans
In this type, lenders will assess the revenue consistency of the business over a period of time to make sure that your business has what it takes to repay the business loan in full.
- Purchase Order Based Business Loans
A PO based business loan is almost exclusively used to fulfil outstanding purchase orders that are ‘set in stone’ (with money in escrow, for example).
- Inventory Based Business Loans
These business loans are backed by a certain stock of inventory. While not too common elsewhere, inventory based business loans are routinely taken by retail businesses.
- Asset Based Business Loans
This is the most common and the safest type of business loans for lenders. Hence, this also happens to be the easiest-to-get business loan. Business assets such as land, buildings, machinery or vehicles are used as collateral while granting such business loans.
- Potential Based Business Loans
You’ll never see too many lenders lining up to approve business loan applications based solely on the potential for growth of the business. That said, many tech start-ups succeed in finding business loans masqueraded as ‘repayable investment’ to stay on track.
Why Commercial Finance Network?
Getting a business loan on your own can be an arduous task, especially if you run a small business. If you approach a high street bank for a small business loan, your application will most likely be buried in paperwork. Other mainstream lenders, on the other hand, will require your business to pass a number of health checks – some of which even the best businesses out there can’t come close to passing!
Commercial Finance Network makes sure that you get what you came to us for – a fair, flexible & fast business loan to help you meet any & all business expenses!
However, all is not lost. Let’s take a look at what makes our business loan services rank among the best in the UK.
- We do not reject any application based on superficial checks. We manually scrutinise every application to ensure that deserving businesses don’t get stuck for the want of funding.
- Our panel of whole of market business loan lenders consists of licensed and responsible lenders spread across the UK. This tremendously improves your chance of securing a business loan.
- We not only process every initial application within 24 hours of us having received it, but also work with lenders to fast-track the release of funds to your bank account once approved.
- Commercial Finance Network has widespread local presence in the UK. Our representative in your district will help you through the necessary paperwork and any other queries you may have.
- We prefer developing business relationships, rather just doing business. As a part of this ethic, our customer service team is available to answer your questions.
A Business Loan Can Turn Things Around for the Better!
Don’t go through the hassle of sending countless business loan applications to banks and high street lenders just to get nothing in return. Let us do the hard work of finding and negotiating with lenders for you. A good business loan can help your business overcome the cash crises just in time to change things for the better. Get in touch with us today to arrange an initial and confidential call with one of our expert Brokers!
Our Business Loans Reviews
Much better than your average high street lender
High street lenders and their interest rates! I was tired of being a part of that equation and was referred to Commercial Finance Network by my business associate. I have received two business loan quotes that are much more fairly priced in terms of interest rates.
My clients are satisfied
I have applied for quite a few business loans on behalf of my clients. They have only had good things to say about their experience with Commercial Finance Network. Happy to recommend their services to others.
Helped us through a tough patch
CFN found us a lender who was willing to lend despite the rather poor credit health of our business venture. We’ve now almost paid off the entire amount and that has brought our credit score back in the green. Thank you very much.
Go for it
If you’re thinking of applying for a business loan, go for it. CFN has got a great team of lenders. Personally, I would recommend their business loan service.
Couldn’t recommend highly enough
I’m not sure if it’s just me but applying for business loans has always been a matter of apprehension for me. Fortunately, Iain from Commercial Finance Network guided me through the paperwork and numbers (much of it was online). I would recommend their finance products to all SMEs looking to borrow.
Could add more products
We frequently refer our client businesses to CFN for all sorts of business finance requirements. We would however like to see them expand their array of offerings.
Got what we wanted
We wanted a business loan with at least 6 months of repayment holiday. We got what we wanted and at lower interest rate than we anticipated.
Cheaper than most banks
The less I talk about banks the better. CFN has brokered 2 business loans for my clients in the past 4 months and both have been extremely well priced. I would recommend their products 10/10.
Worked for me
I recently took out a small business loan through one of their lenders. The service was fast, paperwork was minimal. No hiccups. Perfect even for the novices.
Customisation is something new
SMEs don’t really get a say in how their loans are structured. Thanks CFN for changing that idea forever.
The call helped
I just had a lengthy discussion with their business loans team. I haven’t yet applied but it was a good surprise to see them be patient with me.
Perfect for what we needed
I’m a young entrepreneur with little to no experience of dealing with private lenders. Thankfully, the loan amount was small and CFN helped me find a lender who has already committed to future funding. Couldn’t thank the entire enough including Charlotte and Paul enough.
We took a business loan for our yoga business
We got a business loan for the expansion and marketing of our yoga business. Commercial Finance Network connected us to a private lender who already works with other similar businesses and the insights were invaluable.
Five stars from my side
Recently availed a business loan from one of their lenders who, as it happens, is an industry expert and offered to roll into their terms a free consultancy package for me. Here’s to growing our businesses together!
Look nowhere else if you’re a small/medium business
I’m a serial entrepreneur and I am much too familiar with how little points can make a huge difference in the long run. My experience with Commercial Finance Network over the last few months has been nothing short of phenomenal. 2 applications for 2 drastically different loan products: all approved within days.
It pays to have experts on board
As a small business owner, I can’t really afford to have on board lending/credit experts. Fortunately, Peter was kind enough to go out of his way to counsel me and help me with all the paperwork (which, by the way, isn’t as tedious as it’s often made out to be).
Five stars, all the way!
The CFN team got my business loan through much faster than I anticipated. They have a great set of lenders on their panel, a huge plus point for young businesses who get turned down everywhere else. I’ll also take this opportunity to thank Peter who was patient enough to get on call with me on a Saturday morning!
My business partner decided to apply for a business loan here. The lender transferred funds swiftly and we’re on track now. Happy to recommend. Cheers.
Helped Us Through Every Step
The Commercial Finance Network team helped us through every step of the way. Ours is a young business and we had never worked with finance brokers or lenders before, so it was a big relief for us to have the team guide us all the way through. I’d definitely recommend!
Would 100% recommend
Extremely happy with the service received, I would recommend Commercial Finance Network and use them again.