Finance Payment Options
Finance Options are available to business owners for all devices and machines we feature and can be arranged up to £350,000/$500,000.
Please note that this payment option is only available to traders/businesses trading in the United Kingdom and United States of America.
The Criteria for UK customers
Note: A personal guarantee is required for all limited entities. Funds have to be used against devices for your business.
Documents required:
• 3 months of business bank statements
• Latest full filed accounts
• Full year P&L and balance sheet if filed accounts are more than 16 months old
- Minimum of 2 years of trading history, i.e. 1 year of filed or formally prepared accounts.
- No significant adverse credit event against shareholding directors of the business (directors involved with a liquidated business where creditors have lost out within the last 6 years will be a challenge).
- Director guarantees taken on every unsecured loan.
- Majority shareholding must be UK based.
- UK companies only, including Northern Ireland, but excluding Channel Islands and Isle of Man.
- Typically profitable within the last 2 years. Must be able to explain a loss in the last 2 years.
- Unsecured loans from £5,000 to £350,000 with a personal guarantee for limited, llp, sole traders and partnership companies.
The Criteria for US customers
- Must be business owner of LLC or LLP based in USA.
- Minimum of at least 6 months+ of company accounts.
- Credit scores of 650+.
- Minimum loan from $10,000.
- Must consent to credit check.
- No significant adverse credit event against shareholding directors of the business (directors involved with a liquidated business where creditors have lost out within the last 6 years will be a challenge).
Application Form
Please complete the following form, ensuring all fields are correctly filled in. We will be in contact before we pass you on to our financing agents should you meet the minimum requirements for finance.
