We have made our business loans affordable and straightforward, with fixed rates, flexible loan terms from 1 to 12 months. As we lend our own money we are able to help businesses when other providers can’t and have the money in your bank fast, within 24hrs.
A quick online application with Cashsolv will not affect your credit rating, so why not see if you qualify?
Our quick finance is designed specifically to meet an emergency so you won't be left waiting around.
NO fixed loan repayment term
Straightforward, affordable cost
NO arrangement or hidden fees
In your bank within 24 hours
Unlike most lenders, we do not use a standard credit scoring system so we can provide instant lending when others may not. We assess all applications for business borrowing ourselves to ensure the repayments are affordable for you.
In a time when SME's are still struggling to gain finance from leading banks, Cashsolv are alternative lenders who look at the full picture and viability of the business.
As quoted by the BBA, "total applications for bank finance were 9% lower last year, as businesses explored alternative options such as leasing finance, or continued to build their cash reserves to finance operations".
Whether it be equipment finance, working capital loans, a cash flow injection for expansion, covering temporary cash flow shortages, or bridging your stock requirements that you require we can lend quickly.
As well as tailoring the loan to your specific circumstances, we can provide it as quick as you need it. Need to borrow cash fast and in an emergency? We can help.
There are sometimes instances when fast, instant finance loans are required due to a circumstantial cash flow problem yet your underlying business is fundamentally sound, or possibly you have a new opportunity and need the funding to fulfil it.
Either way we can provide the short term finance you need, tailored to meet your needs and affordability. Our short term loans can be repaid between one and three months.
Flexible loan terms available from 1 to 12 months
Loan can be used for many different circumstances - it’s up to you
We can say yes when others can’t
Interest is only charged on your remaining balance
Loans available within 24 hours
Choose when you repay your loan
Applications will not affect your credit rating
There are a few reasons why a traditional bank will refuse small business loans, yet alternative lenders, such as ourselves are able to take a more flexible approach to lending.
Banks: When you cannot demonstrate a steady revenue stream your bank may worry about meeting repayments and interest charges. Banks will also be concerned about debts with other lenders in terms of your ability to meet repayments and many will not consider a business loan where outstanding finance arrangements are in place.
Alternative lenders: However alternative lenders, such as Cashsolv, can see past current cashflow problems and take a more reasoned view of affordability and what the future holds.
Banks: Business loans from banks demand substantial security, which may not be a problem for larger companies with significant assets such as buildings, land and plant, but SMEs and start-ups can find this to be a huge barrier.
Alternative lenders: Cashsolv have been financing business without substantial assets for many years. We provide the funding ourselves so the funds can be in your account within 24 hours.
Banks: Your business may simply fail to meet credit score standards imposed by the bank. Following the financial collapse in 2008 lending criteria has been tightened to avoid future problems, but unfortunately smaller businesses and start-ups are suffering without building up a positive credit rating.
Alternative lenders: Business loans from Cashsolv are not based on credit score and loan terms can be extended if you struggle to meet repayments.
We will want to meet with you to discuss and understand the circumstances and will normally be able to give you an immediate answer in principle as to whether we feel that short term business loans are appropriate. We have a standard finance agreement that can be completed at the meeting. We may then need to make further enquiries, following which the loan can be approved.
We will require a personal guarantee, and that may involve separate legal advice which we can arrange for you. If the loan is approved and the documentation is completed, we can provide the funds within 24 hours.
From initial telephone contact through to money in the bank, our quick business loans can be completed within 24 hours.
We will need to understand your financial position, so reasonably up-to-date accounts will be helpful when you are considering business borrowing. We will also need to understand how the finance loan is to be repaid and supporting documents to show the source of repayment will assist.
In addition, we will have to carry out some identity checks to comply with the Money Laundering Regulations, so a photo ID and evidence of your address will be required.
The loan is being made to your company, but will also be personally guaranteed by you. Therefore, the first step is for you to be sure you can repay the business loan as agreed.
If you are unable to pay on the due date, we will look at the circumstances and seek to come to an amended agreement. If the situation cannot be resolved amicably, we will take enforcement steps against you and the company, and this could lead to personal bankruptcy.
We would be delighted to accept early repayment, but the nature of the loan is that it is short term and specifically based on your circumstances, and the timing of repayment will be based on the anticipated source of repayment and is unlikely to vary by more than a few days.
Call today 01489 550 440 to speak with an independent advisor and we can help with any questions you may have.
Our loans are subject to approval and terms and conditions apply.
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