Business Loan Essentials
Business Loans from £3,000
- Business Loans from £3,000 up to £1m
- Loans for recruitment, website development, business growth, working capital and much more
- From three months to five years
- Up to £25,000.00, sometimes no guarantees required
- A separate source of finance to your bank
WestWon work with a range of finance companies that offer business loans and many customers are moving away from the normal “High Street” lenders to other third party companies.
Decision in 24 hours
We will always try to get a positive credit decision within one working day without making the process too arduous for you. However, we may well need some supporting information other than your latest accounts.
Business Lending Rates from 3%
You will see companies advertise on the internet, “rates from 3%.” Normally, these companies are referring to the “flat” rate of interest, the true APR being nearer 6%.
Whilst we can offer loans for as little as 3% “flat,” these rates are for clients with good credit. Rates typically range from 4.5% up to 10% flat rate for companies where the credit profile is not as good.
Regardless of your company size or credit profile, we are more than happy to provide a no obligation quote for you.
90% acceptance rate
WestWon work with over twenty companies that offer business loans. For 90% of requests, a partner we work with will make an offer for finance.
Acceptance rates are improved with the following:
- A good quality personal guarantee
- A second charge (normally for lending over £150,000)
- Good supporting information on your company
- A sound reason for the loan
- Clean searches
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