Alternative Business Overdraft
Funding
Alternative Business Overdraft
Our revolving credit (alternative overdraft) facility provides a convenient way for your business to access immediate working capital in the form of a business overdraft. This finance solution is available to all Limited companies and is unsecured up to £85,000. You only pay interest on the funds you use and so is a great way to improve cashflow (as and when required) whilst you build back your business!
- Quick & simple application process
- Up to £85,000 unsecured facility
- Only pay interest on the amount drawn down - Capital on tap solution
- Can sit alongside Covid-19 Government Loans
- Great way to improve business cashflow constraints
Funding
Is it really that easy?
Setting up a business overdraft facility is very easy with Cashflow Advance and you can use funding for a whole host of different reasons. Let's discuss how we can help you.
- Unsecured alternative overdraft facility up to £85,000.
- Eligibility: 10-15% of annual business turnover
- Term: 12 month facility
- Repayment: monthly direct debit
- Criteria: Limited companies trading for longer than 3 months
The Funding your business needs
An alternative overdraft facility can offer great advantages for businesses operating in the UK. Both well-established businesses and relatively new ventures can enjoy a number of significant benefits:
NO ASSETS REQUIRED
With an unsecured business loan, funds can be made available faster than other types of business loans. As assets are not required as security, they offer a highly accessible source of funding for business owners.
USE FOR ANY PURPOSE
Whether you’re looking to invest in new equipment, expand your product range or want to break into new markets in the UK or overseas, there are no limits to how you use this type of business loan.
FASTER APPROVAL & FUNDING
As you do not require an asset or collateral as security for an unsecured business loan, your loan could be agreed within a matter of hours. Depending on your circumstances, you could qualify for an unsecured loan of up to £85,000.