Having a poor credit history doesn't have to be a barrier to getting business finance. We’ve been chosen by the British Business Bank to help businesses like yours find finance when they’re unsuccessful with the major highstreet banks.
Please bear with us!
We are crunching the numbers
Whether you have a chequered credit history or your business has recently been in financial trouble, there are solutions set up to provide support. Although some mainstream lenders have very strict criteria, many of the lenders we work with take an open-minded approach.
Although a negative credit file might rule out getting finance with a mainstream bank, you can explore alternative options. It's important to have realistic expectations if you've got a poor credit file - interest rates are likely to be higher and the lender may prefer a shorter term arrangement. We may still be able to help you if you have:
Previously satisfied CCJs
Old missed payments such as credit cards or utilities
Previously failed businesses with no outstanding bills
Previously bankrupt current director
Previous IVAs or CVAs (Individual/Company Voluntary Agreements)
Moderate personal credit score
Secured and unsecured flexible finance options available subject to eligibility
We compare 120+ lenders to find the right finance for you
A dedicated Business Finance Specialist will guide you through the process
It’s free, no obligation and won’t affect you credit score
7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56
*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Annual Percentage Rate
Rates from 2.75% APR
1 month to 30 years terms