Financing

At TaxAssist Accountants we have put in place a partnership with Funding Circle that allows us to provide funding to our clients in less than a week.

Funding Circle is an online lending platform helping businesses access funding from a range of investors. They operate in the UK, USA and Continental Europe, and have facilitated over £7.5bn of loans to SMEs. Investors include more than 85,000 people, the UK Government, local authorities and financial institutions. Since 2010, over 50,000 UK businesses have benefited from Funding Circle loans.

Products

  • £10k–£500k available to Limited Companies and LLPs
  • £25k–£500k available to sole traders and partnerships
  • Rates from 1.9% per year and in average between 7%and 8%.
  • No fees for full early repayment

Criteria

  • Limited companies and LLPs: 2 years of trading, non-homeowners accepted if borrowing less than £50K
  • Sole traders and partnerships: 2 years of trading, must be a homeowner
  • Business must be owned and based in the UK

Flexible funding

  • If you repay early, you only get charged interest for the time you have borrowed
  • Application takes just 10 minutes
  • Get a full credit decision typically within 24 hours
  • Use a Funding Circle loan for almost any purpose including stock purchase, working capital shortfall, asset purchase, hiring new staff and paying professional fees
  • And as a TaxAssist Accountants client you get priority access and a dedicated account manager which allows for discussion of requirements in advance of an application, increased probability that the application will be successful and avoidance of unnecessary credit checks.
If you think this is something you could use do not hesitate to contact us at 020 3397 1520. 

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