Business Confidence Soars

Confidence has seen a significant hike of +13 points from Q1 this year - it’s the largest increase since 2016.

SMEs are experiencing growth and prosperity. Many are seizing new opportunities like a larger online presence and expanding their offering as a result.

As lockdown eases, consumer spending grows and business confidence soars, we are seeing the reality behind these statistics, as we have seen a surge in SME finance requests from small and medium sized businesses, many of whom are using this finance to assist growth opportunities.

Pre-Pandemic Lending Resumes

What’s more, this confidence has reached lenders who are now lending at pre-pandemic levels, and in some cases even better than before.    What’s also evident is lenders are taking into account the challenges experienced by a business in the past 18mths and also looking at its potential.  It’s also being measured by ‘real people’ rather than the majority of requests going through an automatic ‘yes/no’ algorithm – a far fairer way to assess and agree SME finance. 

SME Finance Options
There’s a huge choice of SME finance to choose from, all that we here at Capital Corporate Finance (CCF), can arrange faster, and usually at better rates on your behalf, with no fees or charges, including: 

• Short and long term loans
• Secured and unsecured loan options
• Stock finance
• Asset finance
• Bridging loans
• Same day cashflow injections
• Trade finance
• Invoice factoring and invoice discounting

CBILS / Bounce Back Loan Repayments Due

We are also seeing a number of SMEs requesting finance as their CBILS and bounce back loans are now due for repayment, after the initial 12mth repayment holiday has ended.  We are best placed to arrange business finance, including invoice finance that doesn’t require lending or loans, it simply uses a business’s debtor book to advance monies tied up in unpaid invoices without the security requirements associated with traditional lending.

Business Recovery Loans

Here at CCF we are regulated and authorised to arrange SME Business Recovery Loans.

This funding is a government backed loan scheme designed to help businesses with their Covid recovery plans. It enables a business like yours to borrow up to 25% of your turnover – to a maximum of £350k, with no personal guarantee for loans up to the first £250k, and just 25% personal guarantee on any lending over £250k. 

Refused Finance Before, Not A Problem

Even if you’ve been refused finance before, through bad credit or no credit, we can still arrange a lending solution. That’s because our expert knowledge ensures we are fully aware of all the finance providers strict and constantly changing lending criteria, knowing who will agree to your finance request. It means there are no refusals to further damage your credit score as we will only approach those we know will approve your request. 

As an independent broker, my team here at CCF are best placed to arrange your SME finance. We are market leaders; we have relationships with all UK lenders. We deal directly with decision makers and as such we guarantee to arrange your business finance quicker and usually cheaper than if you were to go direct.

I’ll help your business confidence soar by arranging the best, most tailored SME finance solution today!  Call me, Carole Roe, Founder and Managing Director, directly on 07785 596053 or email me on carole@capitalcorporate.co.uk.