What is a Business Loan?
There are many businesses that will benefit from investment at some point on their journey. Business loans can be a good financial solution to explore as they offer so much flexibility.
A business loan is a sum of money issued to a business owner exclusively for use in their business and is repaid—with interest—over a set period. When it comes to the amount that you can borrow, a business loan can range from £10k up to several million pounds.
Finance that thinks bigger.
The countless options and flexibility of a business loan can make the decision quite complex but at PMD, we’re on hand with advice and extensive knowledge to help you make the best decision for your business.
We offer an extensive range of solutions and specialists to help build your business, including:
- Unsecured Business Loans
- Secured Business Loans
- Working Capital Finance
- Short-Term Business Loans
Your future starts today.
At PMD, we have built strong and lasting connections with many independent loan providers, all of which can offer quick, flexible, and efficient solutions to your financial needs. We’ll take the stress away and negotiate the best possible terms, leaving you to do what you do best.
We are part of the alternative finance industry, an industry that is growing at a rapid pace, meaning that we can offer more flexible and diverse forms of funding than your traditional bank loans. We work with a range of funders who can offer business loans ranging between £10k – £5m for:
- Cash Flow
- Stock Purchase
- Working Capital
- MBOs/ MBIs
- Any Legitimate Business reasons.
There are so many ways that a business loan can benefit the growth of your business and it’s now much easier than it used to be to secure. Facilities can be agreed within hours and at competitive rates, and normally no additional security is required, other than a director’s guarantee. Some providers don’t charge early repayment fees, meaning you only pay interest for the period you borrow for. The paperwork is simple to complete, and the money can be in your account within days.
On top of that, our panel of funders are independent providers of finance, so their facilities will not impact your current bank facilities. Our business loans are competitive, flexible, and quick to access. So, take the step you need to drive your business forward and call one of our friendly and knowledgeable team now.
I’ve used PMD many times and I always get a first class service, I wouldn’t go anywhere else. From my first point of contact with Phil, to the different departments that I deal with, I’m made to feel very comfortable in an industry that doesn’t always put the customer first. That’s why I scored them 5 stars. Would I recommend them? Yes, without hesitation.
Related case studies
From startups and sole proprietors through to large well established companies. Our client range is extremely diverse but, they have a common theme. They all need support to fund business assets and development projects.