When should I apply for
a Limited Company Loan?
Limited companies often need business loans to achieve growth. If you run a limited company, then knowing how to finance your business is essential in building a successful company.
Unlike major banks or traditional lenders, you don’t need a detailed business plan, and you don’t need an appointment. Instead, we take the time get to know our clients better. We assess you and your business holistically. We can offer you secured business loans up to £500k or unsecured business loans up to £150k. For the unsecured small business loan, you don’t need to provide property or other assets as security for a loan. Our processes are fuss-free, quick and our loan terms are flexible, affordable and fully transparent. Get approved, and we’ll get to work on releasing your funds.
- Submit your online application form
- Within two hours you will receive a call from our team to go through the application
- Submit requested documents
- 24-hour approval
- Working capital finance up to £150k
- Tailored to your business needs
- Kick-start your business today
- 24-hour approval
- 90% approval rate
As business owners ourselves, we understand that ensuring a steady and healthy cash flow can be an incredibly stressful part of running a business. Often times we need a cash injection to keep things running smoothly. The common choice is often to look to traditional lenders to be able to give you that much-needed cash injection, however, this need not be the first port of call. At Merchant Money, we have a solution specifically designed to suit your limited company. We have a 90% approval rate and you will have an answer within 24 hours. We understand that your time is better spent growing your business, not filling out several applications without the guarantee of approval.
Although there may be other sources of funding available, a few of these options are, peer to peer financing, crowdsourcing or angel investment, the simple and straightforward business loan is probably still the most sought after. The principles of such borrowing are familiar, many companies consider interest rates to be competitive and repayment periods are often sufficiently flexible to cater to most company needs. We offer unsecured business loans to limited companies up to £150,000 and secured business loans to limited companies up to £500,000.
But business loans are not your only option. If the primary revenue of your limited company is collected via card payments, we would recommend looking at our business cash advance product, offering advances from £3,5k up to £500k. The amount advanced to your business can be up to 120% of your monthly card turnover, to be repaid via future card transactions. To apply for a Ltd loan, quickly fill out our simple application form. We will contact you the same day to find the best solution for your company.
Business loans for
private ltd companies
Limited companies can be private or public. A private limited company is the most common form of UK company incorporation. It is set up directly by registering the business with Companies House. Unlike a public limited company, where shares trade on the stock exchange, a private limited company does not publicly trade shares and is limited to a maximum of 50 shareholders. Shareholders are the owners of private limited companies, and each holds a certain number of shares in the business. Directors manage limited companies, and they can be shareholders as well. Managers are known as company officers.
Local shops, restaurants, or other small businesses are usually private limited companies. Those businesses do not have a national presence. An example of a public limited company is a large corporation such as a chain of retailers or restaurants with shares that anyone can buy and sell. Both types can apply for a business loan.
When it comes to securing business finance, it’s vital to make an informed decision. We’ve answered some of the most commonly asked questions to help you in that task.
When do I qualify for a business loan?
We welcome all UK based sole traders, limited companies or partnerships. We require an annual turnover of £100,000 and a minimum of one year’s financial accounts.
How much can I borrow?
Our Unsecured Business Loans vary from £5,000 to £150,000 and we offer Secured Business Loans up to £500,000. We also offer regulated business loans to sole traders up to £25,000.