Enable Finance is pleased to announce a new range of unsecured business loans for trading UK limited Companies and Sole Traders or Partnerships. The loans can be used for any business purpose as long as its not used for property construction. So if you are looking to grow expand or develop your business and don’t any security to give this could be the perfect solution for you.
Unsecured Business Loans can be arranged from anywhere between £5,000 and £500,000 at very competitive rates click here to apply online for an unsecured business loan or read on for me detail.
Unsecured Business Loans up to £500,000
- Purchase Stock and Inventory
- Fund Cashflow & Growth
- Purchase new business equipment
- Launch a new sales and marketing campaign
- Buy an e-commerce store or website to exploit the lucrative online market
- Buy new business software
- Whatever your business requirements our unsecured business loan could hold the answer.
Industry Sectors We Lend To . Regardless of of your business or industry sector you can still apply for unsecured business loans. We lend to advertising agencies to widget manufacturers from small one man bands to large multi million pound corporations. As long as you are a stable and profiable Company or a trading as business that has been trading more than 2 years you could qualify for an unsecured business loan. See the unsecured lending criteria below for further information.
Unsecured Business Loans Lending Criteria:
- The business is seeking a loan of £5,000 – £500,000
- Loan terms from 6 months to 5 years
- Where the business is limited; has at least 2 years of filed accounts at Companies House.
- Sole Traders & Partnerships Accepted minimum loan criteria £25,500
- Has been trading for at least 2 years ; and turnover greater than £50,000.
- Positive credit rating with stable or upward trend financials.
- The majority of directors within the business are UK residents.
- The business has no outstanding County Court Judgements exceeding £250
- Personal Guarantees may be required.
- No early repayment charges (ERC) pay off early without any penalty.