Really Easy Finance secures small businesses loans for any purpose between £1,000 – £500,000. Each loan is tailored to the specific business and can be paid back over periods between 12-60 months.
Our process is really easy, all we ask for is a few details about yourself and your company and one of our account managers will call you to discuss tailoring your lending solution. Each application is different and therefore each applicant requires different proofs depending on the money asked for and the funder used. We are here to help make it really easy for you.
To qualify for a business loan from us all you need is to have a registered Limited company in the UK.
No none at all
Of course, you can repay your loan at any time you wish with no penalties.
In most instances no this isn’t required
Our aim to get you accepted for your business loan within 24 hours. After that it generally takes another 24 hours to get everything signed and paid out for you. So within 48 hours would be a realistic expectation of turnaround from applying to receiving funds.
We specialise in helping people secure funding from the off. It makes no difference to us if you have been trading for 1 week or 10 years, we will have a lender and a product that can help you.
At the moment we only lend to business based in the UK
A typical loan of £10,000 at £9.9% APR Representative based on a repayable over 36 months at an interest rate of 9.9% pa (fixed).
Monthly repayment of £320.24. Total amount payable £11,528.64.
APR stands for the Annual Percentage Rate of charge. You can use it to compare different credit and loan offers. The APR includes important factors such as:
No, all of Really Easy Finances business loans are unsecured.
Of course it is always easier to obtain funding if you have a good credit history but it is not necessary and we can help those who have had a chequered past. The best thing to do is to just be truthful with your account manager from the off. This will help us understand where best to place your application.
Although the funders we use do use credit reference agencies to get an overview of an individual or business, decisions aren’t made solely on this information.
We get asked this a lot, as a lot of the main stream lenders will ask you for a detailed forecast of what your business plan is. We however don’t need to see this. We will however ask you what you intend to use the loan for.
Often when someone applies for a small business loan from us, when we actually get into the nitty gritty of what the purpose of the loan is actually for we sometime recommend a different lending product that better suits our clients needs.
We have access to funders who will fund both soft and hard assets, leasing lenders and a whole host of other products. Some of these can actually be more tax advantageous than a straight forward business loan and are just as easy to get.