How much would you like to borrow?
Business loans – Borrow for the bigger picture
The world is now a big market economy, and for businesses, it is always a challenge to serve its needs. For this purpose, they need regular financial assistance for smooth operations. Whether it is the concern of sending timely orders or completing the production cycle, money is vital. In situations when scarcity of funds happens, a business owner needs reliable assistance.
Gizmo Cash gets its reason to come in the discussion at this point with its vast range of business loans. We are a direct loan lender spread across the UK with the purpose to serve small amount needs of the business owners. To keep the ultimate goal of timely assistance, we have few steps to cross in loan procedure, 1) apply, 2) get approval decision 3) receive funds. Established with the high standards of next-generation online lending, our existence in the market finds its reason in customer satisfaction.
Our loan products aim to serve majorly three types of situations to facilitate a convenient selection of choices for you.
- Working capital finance – For the daily operational costs like rent and wages, utility bills, tax bills etc.
- Merchant cash advance – A lump sum amount paid to the business owner and repayments are taken in a tiny amount.
- Invoice finance – Take an advance of money by showing your raised invoices that are unpaid since long. Late payment by the customer can affect your business; this type of financing prevents such chaos.
With a focus on the well-being of the applicants, we offer loans with different types of interest rates. They are –
- Base Rate Business Loan – Get funds on the basic standards that are applicable for all the private lenders in the UK. However, we add customisation to bring it on a lower rate.
- Fixed-Rate Business Loan – Borrow with no fluctuation of interest rate during the fixed-rate period.
- Current Commercial Fixed Rate Business Loan – This type has a minimum and maximum percentage according to the current market situations.
98% of business loan applications were approved in first six months of 2020
Features of business loans
To help you make a confident final decision on the loan, we have gathered some features here. Have a look –
- Approval decision in 10 minutes
- Same day find disbursement
- High approval rate
- Bad and fair credit scorers can also apply
- No arrangement fee
- Competitive prices
- Lower APR of 48.6%
Conditions you need to qualify for the loan
We are not complicated here. You will find things easy on this aspect as whatever are the demands; they are fundamental. To help you with the right kind of loan deal, we need specific details and situations. Provide us and get an offer that precisely suits your business circumstances.
|Business trading records for three years|
|Annual turnover should be £50,000|
|Those with less than three years can get trade cash advance|
Speedy funds for small-scale needs
You can borrow for any short-term purpose through our UNSECURED SHORT-TERM BUSINESS LOANS
Loan amount – Minimum £3000 to £30,000
Loan tenure – 3 months to 36 months
Short-term loans are better than long-term loans – How?
|Short-term business loans||Long-term business loans|
|Simple, swift procedures||Long loan process|
|No obligation of collateral and guarantor||Collateral and sometimes guarantor is also vital|
|Instant approval decision||Takes time in weeks|
|100% paperless formalities||Bulky documentation, faxing etc. required.|
|High approval rate||Only 3 out of 10 get approved|
How do you payback?
The online application procedure for business loans in the UK is as same as the procedure for other short-term loans.
- Pay on your own, on the instalment date
- We provide the facility of auto-debit
Two SPECIAL features of our repayment policy -
- No prepayment penalty
- Rollover with two extension periods for those who miss to pay off in the first time
By now, we have lent £4.5 million
From the two options, you can choose anyone according to the convenience.
Nothing is more important than the comfort of our customers as the relation is not only of lending and borrowing funds. It is a connection of trust in which we want to give you a reason to come back next time.
Any credit score is ‘OK’
Gizmo Cash provides small business loans in the UK without the constraint of credit score status. We focus on the repayment capacity of an applicant. If that is fine, we are ‘ok’ with any number on credit report.
- Excellent credit rating
- Good credit rating
- Fair credit rating
- Bad credit rating
Not only this, we even provide a special discount to poor credit scorers if their payment history is not consistently bad.
No discrimination against start-ups
If you are a business in its infancy and need funds, our start-up business loans are there to serve your requirements. Our concern is to facilitate collective development in the financial situation of the nation. For that, businesses are the essential pillars, and start-ups are the generators of the new idea.
Show us a little efficiency against the loan amount, and we are ready to lend you money. No long list of questions, no time wastage get funds on instant approval decision. We also provide festive season discounts on the interest rates to help businesses grow.
"Gizmo Cash invests its efforts to ensure the full-fledged financial well-being of your business. Being a direct lender, we take it as our responsibility to act flexibly. Our concern is to make more people get the comfort to apply for the loan. Whenever you need funds, let us know, and you are sure to get something efficient as a solution."