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The Business Loan is designed for limited companies who have been trading for at least 12 months.
Funding is available from £5,000 to over £150,000. The Business Loan is designed to provide much-needed working capital. Your repayments will be on a little an often basis, usually daily or weekly to help with cash flow management. Meaning that you don’t have to worry about a large monthly repayment on a fixed date each month.
Repayment terms for a Business Loan typically range from six months to twelve months, depending on turnover.