Different lenders have different names for what is essentially the same thing.
Business loans normally fall into one of the following categories:
The above categories contain various products, products designed for speed, businesses with bad credit, term loans, short-term loans, loans for small businesses, etc..
Why choose us?
We are fully authorised and regulated by the FCA
We charge no up front fees
Bad Credit Business Loans
As a full market broker, we make finding a loan easy even if you have bad credit. We work with lenders who assess applications on merit rather than just your credit score. Furthermore, our Packaging team have formed strong relationships with key lenders to further strengthen our clients' chances of securing finance.
Our dedicated Packing team specialises in businesses with bad credit, distressed businesses and those with complicated needs. Our packagers are experienced Accountants who have worked in many business sectors, meaning we more than understand your needs and options.
Don't let bad credit put you off - make an enquiry today and you could be surprised at the options available to you.
With access to a vast number of lenders, and with the many finance options available there are no "standard" criteria. To help you prepare for your assessment we would normally ask you about the following:
When packaging your application prior to approaching our lending panel we will consider:
Once our Packaging team have written your loan proposal we will apply to the lenders that are best suited to your needs. We will then contact you to discuss your options and any decisions-in-principle that are sourced.
Remember:- At MyInfinity Finance you are under no obligation to accept any proposals we present you. You are not tied in and can withdraw for your application at any time. We will not charge you any fees for using our service, but will receive a commission payment from any lender we successfully place you with.
The interest rate you can expect to pay is dependent on many options. We often get asked this question in the early stages of an application and unfortunately cannot give a definitive response.
We need to assess your business prior to determining the rate, but we ordinarily say that the higher the risk, the higher the rate.
As a respected credit broker, we will always act in your best interest. We will work to secure you the best rates depending on your circumstances.
© MyInfinity Finance Limited - All Rights Reserved.
Co. Registration No: 08469710
Authorised and Regulated by the Financial Conduct Authority, Ref: 672182
Data protection act Reg No: ZA002246
Trading/Registered Address: MyInfinity Finance Limited: Suite 20, River drive, Cookson House, South Shields, NE33 1TL
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
MyInfinity Finance Limited acts as a credit broker and are not a lender.
Applicants must be aged 18 and over. Terms and conditions apply. Guarantees and indemnities may be required. The FCA do not regulate some forms of Buy to Let Mortgages. Our services are for UK individuals and businesses only.