If you own a business, there may be times when you need to secure extra funding. This can be for many reasons, such as keeping your business afloat during tough times, expanding existing operations, or branching out in a new direction with your business. You will usually receive the money as a lump sum, and pay it back in monthly instalments that you can afford – giving you the space and time to operate effectively without stress or burden.

Here at Charles & Derby Estates, we partner with trusted companies to help you secure the funding you need to prosper as a business confidently. We know that a business loan is much easier for companies that need extra cash than a regular overdraft or even a business credit card because the situation is tailored exactly for your needs. Not only do we work with you to assess the realistic amount of money that you need to borrow, but we can also determine what is best for you when it comes to paying back the loan – oftentimes you don’t even need to make a single repayment for at least one year.

How much you want to borrow rests on a number of factors, such as whether the loan is secured against your business or if it’s unsecured. When you come to us for assistance in getting your loan ready, you can rest assured there will be no extortionate costs involved and the typical APR is usually between 2% and 6%, making these loans attractively affordable for business owners looking for a quick cash injection. If you find you can pay it off early, then you won’t be lumbered with additional costs.

When it comes to the question of how much you can actually borrow, we determine this by multiple factors regarding your business such as how long you’ve been operating for and current assets. On average, borrowers can secure loans from as little as £50,000 all the way up to half a million if you really need that much.