- 21 Sep
Nucleus Commercial Finance Lowers Unsecured Loan Rates
Business loan rates from just 7%.
We have just been advised that Nucleus Commercial Finance have lowered their unsecured business loan rates. Their interest rates now start from a 7% flat rate, to borrow up to £100K with no additional security, just a personal guarantee.
How Loan Rates Are Determined
The loan rate is determined according to the credit status of your company, and the term of the loan that you require. The "term" is the period over which the money is to be repaid, and it is agreed at the outset of the arrangement. The term can range between 6 months and 3 years.
Speed Of Decisions
This lender is able to provide an approval decision within just 24 hours, and they ensure that you deal with just one point of contact throughout the entire process. This means that you won't get passed between departments and people, as can sometimes happen when dealing with a large organisation or a bank.
If you are interested in comparing rates with other providers, please give us a call and we will put you in contact with a company loan specialist: 03330 113622.
They will help you check the marketplace to find the most competitive sources of funding.
Invoice Financing Services
In addition to business loans, Nucleus are also able to offer invoice financing facilities to a broad range of industry sectors, including the construction sector. They have a reputation of being able to provide finance in situations where other lenders may not have been able to help. This can be a valuable service for SMEs that have been turned down by other providers, but still need to raise some funding.
Invoice financing is a service whereby you receive a prepayment against the face value of each of your unpaid sales invoices, raised to business customers, on credit terms. This creates an injection of capital into your company, which can be used for any purpose including working capital, paying creditors, paying HMRC taxes and arrears, purchasing stock or raw materials, funding large orders and paying staff wages and salaries. If you have a sales ledger of unpaid customer invoices outstanding, you may be able to release a significant amount of capital when you start invoice financing.
Since writing this, Nucleus Commercial Finance have lowered their lowest interest rate to 5% for some unsecured business loans.
- 25 Mar
Invoice Finance Ranks As Highest Alternative To A Loan
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- 14 May
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- 28 Jun
Cash Flow Loans
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- 14 Jun
New Rates For Marketinvoice Business Loans
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- 08 Jun
Bridging Loan Price - Updated Cost From One Of Our Panel Of Lenders
One of our panel of finance companies have just advised their new price for bridging loans.The bridging loan price is 0.91% per month, rolled up interest, with a set bullet payment at the end of the term of the loan.Bridging loans can be used to purchase commercial property in situations where rapidly agreed funding is necessary in order to make a purchase. Often, a mortgage application may be in...
- 10 Apr
Card Payment Advances From Nucleus Commercial Finance
We have just had some new literature through from Nucleus Commercial Finance regarding their Business Cash Advance product, BCA.We have previously documented their BCA offering, but below are the key details once again.The card payment advance is available to companies that take payments via a card machine. You can borrow up to 120% of your total monthly card payments, up to a maximum of...
- 05 Mar
Topping Up Invoice Finance With A Business Loan
We have had some interesting situations recently where customers are growing so fast that their need for working capital is actually outstripping the funding released by their invoice finance facility. It is great to have such potential trading volumes, but it brings with it a struggle to ensure that your cash flow can cope with the level of funding required.When a business is going through a...
- 21 Feb
Need A 100K Business Loan?
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- 16 Feb
How Business Loans Compare Between Lenders
I had an interesting request recently, one of my contacts wanted my input regarding how a new business loan company was likely to fit into the marketplace, and what the existing market space was like. It prompted me to jot down a few points about business loans that others might find useful.There does seem to be a growing demand for business loans at present. We have a number in the pipeline...
- 08 Nov
Business Cash Advance Against PDQ Machine Receipts
If your company takes card payments you could receive an unsecured loan that is repaid as a percentage of your future receipts through your PDQ machine (Process Data Quickly). This product has just been launched by one of our funding panel and is called Business Cash Advance (BCA).This type of cash advance against your PDQ card payments could be made available to:You can use the money that you...
- 07 Nov
Advances Against Government Funding Instalments With Education Finance
Education finance provides advances against your government funding instalments so that you don't have to wait to get paid before you make expenditure. You can use those funds immediately boosting your working capital position and ironing out the lumpy nature of cash flow in the education sector.Waiting for the Government to pay your funding instalments can cause cash flow pressures for...
- 12 Jul
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