We provide access to finance in Sussex, Kent, Surrey, Essex and Hampshire for established businesses of 12 months of more who want to grow, but who are unable to access conventional bank support
We can provide access to the following Business Growth Loan options
A business loan over an agreed term up to a maximum of 84 months with monthly repayments of capital and interest.
Available to successful, profitable & growing businesses that are 12 months or older based in Sussex, Kent, Surrey, Essex or Hampshire.
A loan of between £3,000 and £50,000.
Representative Example:Borrow £15,000 over 42 months. Total Repayment including interest and fees is £20,340.60. 42 monthly instalments of £484.30. There is a 5% arrangement fee of £750 (added to the loan). Interest (fixed) is 15% per year with a representative 19.74% APR. All loans are subject to status. Loans subject to satisfactory credit and affordability checks.
We will need the following documentation prior to considering your application; once we receive the required paperwork we will ensure you are kept fully informed of your application’s progress.
Business Plan with financial forecasts
Part 1 CBS Application – the Business
Part 2 CBS Application – Personal
Personal Survival Budgets for each Director
Copy of a suitable form of identification
Copy of 6 months business banking statements & 3 months personal statements
Recent (last 3m) proof of address
Last 3 years Annual Accounts
Year to date Management Accounts.
Watch our finance video Head of Services at the Let’s Do Business Group, Ian Smallwood explains how the Group’s finance arm, Let’s Do Business Finance can help established businesses to grow and thrive.
Call 0845 601 8326 to find out how we can help your business prosper.
Let’s Do Business Finance is the trading name of Capitalise Business Support Limited — Regulated by the Financial Conduct Authority Reference Number 725528.