FacilitiesBusiness development loans
Business development loans
Growth capital for a contract, a hire, a build-out or a measured acquisition.
- RANGE
- $25,000 – $1.5m
- TERM
- 6 – 48 months
- PRICE
- From 12.9% APR indicative
- DECISION
- One to three working days
Development loans fund a step you can describe: a second shift, a unit build-out, a book of stock for a contract you have already won.
We read the plan, but we lend against the evidence — the order, the lease, the last two years. Interest-only for a short build period is sometimes available before amortization starts.
Suited to
- Contract wins
- Premises and build-out
- Hiring ahead of revenue
Outside the line
- Speculative start-ups with no trade
- Share buybacks
Questions we are asked
Can the loan be partly interest-only?
Up to six months on larger tickets, where the revenue that repays it is dated.
ALSO ON THE DESK
- Invoice financeRelease the cash sitting in unpaid invoices and keep trading while customers take their terms.
- Working capital loansSmooth a short gap in cash without pledging the whole of the business.
- Sales tax loansSpread a sales-tax quarter over three to twelve months so the bill does not empty the account.