Limited Company Loans: A Definition
Limited company loans are a type of financing designed for businesses that are registered as limited companies (Ltd) with Companies House. Different lenders offer a variety of limited company loans – suitable for all types of businesses, whether publicly or privately traded.
A limited company loan can help grow your business by boosting cash flow or financing new machinery and equipment.
How Can Limited Company Loans Help My Business?
Limited company loans can be used for any business purpose. As the loans are unsecured, you don’t need to worry about your assets being seized to recoup costs if you can’t meet repayments.
To qualify, traditional financing options often require detailed information on business finances, which can result in a long application process. Lenders will check if your business is registered with Companies House through your registration number and registered office address. Typically, traditional lenders like banks also require your business to have a good credit score to be able to offer you a limited company loan.
Our merchant cash advance is an alternative funding solution for limited companies registered in the UK. Unlike a bank loan, you don’t need a good credit score to access funds, and the application process is fast and straightforward.
Do I Qualify?
Qualification for our business cash advances is simple: Contact our customer services team to see if you are eligible.
In business for at least
Monthly credit and debit card turnover of at least
How a Merchant Cash Advance Works with 365:
A merchant cash advance is a type of limited company loan. With no APRs, interest rates or fixed monthly payments, repayments are automatically deducted from a small percentage of your debit and credit card sales. Typically, we can fund up to a 100% of your average monthly card sales. This means that if you process £10,000 per month, then you can receive up to £10,000 in funding.
Advantages of Our Limited Company Finance Alternative
Obtaining capital can be difficult for small businesses with little to no credit history or a poor credit score. Limited company loans may also require hard credit checks or security to access funds. If your business defaults, then your assets might be seized and sold to repay the business loan.
A merchant cash advance is an ideal alternative to limited company loans. There are no hard credit checks, and you don’t need to provide business plans or security to receive funding.
We offer a fast and easy online application process, with a funding decision within 24 hours. As there are no APRs, interest rates or fixed monthly payments, repayments are made through a small percentage of your future credit and debit card sales. This means you only repay when customers pay you.
We also provide a dedicated relationship manager to assist you with your funding application. Get a non-binding quote today.
How a Merchant Cash Advance Works
A merchant cash advance is an ideal type of no credit check loan. Instead of relying on your credit score, we assess your business’ recent debit and credit card transactions to determine affordability and produce a funding offer tailored for your business. Get in touch with our team today to receive a tailored quote. The loan application process is quick and easy, and we can give you a funding decision within 24 hours. There is no need for you to provide collateral or business plans, and we only conduct a soft credit check that does not affect your credit score. From this, we’re able to make a funding decision without running a hard check that will show on your credit report. Unlike a traditional bank loan, there are no interest rates or fixed monthly payments to worry about. Instead, repayments are taken from a small percentage of your future debit and credit card payments. We don’t require any APR as there is no fixed fee, just one all-inclusive cost that’s agreed on at the start, which never changes.
Repayments mirror the ups and downs of your business
A business processing £10,000/month in card sales can receive an unsecured cash loan of the same amount, with no interest rates or fixed terms. Repayments are automatic and based on a small percentage of monthly card sales.
How Rev&U™ repayments work
Agree fixed percentage
Agree a fixed percentage of your credit and debit card sales to repay the business cash advance (typically between 5% and 15% of your card sales)
Make card sales
Sell to your customers on your credit and debit card terminals.
The pre-agreed percentage is automatically deducted from your daily transactions at point of sale and you will.
Get money into your account
This is automated so there is no change to the time it takes for you to receive your money.
Daily sales reduce balance outstanding
The daily amount deducted then reduces the balance outstanding on the business cash advance.
Collections stop automatically
Collections stop automatically once the cash advance has been repaid in full.
Am I eligible for a Rev&U™ cash advance?
Behind thousands of SMEs in the UK
We’re supporting thousands of UK Businesses
How much capital does your business need?
Use our calculator and see how Rev&UTM could help your business.
for every card transaction
84% = £84
goes to your account
16% = £16
goes to 365 finance
A simple and secure way to finance your business
Apply in minutes
Complete the application form. It takes less than 5 minutes!
Be allocated a relationship manager to assist with any queries.
Approval under 24h
A decision will be made under 24h.
Get your cash advance in days
Funding directly into your business bank account within days
Max, Business owner
Same Day Business Cash Advance
The flexible alternative to bank loans