A secured loan is backed by an asset, which can help reduce the risk for the lender and may result in better rates. An unsecured loan doesn’t require collateral may be subject to stricter criteria. PMD can help you decide which option is best for your business.

Yes, PMD offer short term business loans. These are ideal for covering temporary cashflow gaps or funding short term projects. Terms can be tailored to suit your needs.

Some lenders allow early repayment without penalties, while others may charge a fee. We’ll make sure you’re aware of any terms before you proceed with a facility.

Yes, business loans can be tailored for your specific purposes, whether it’s purchasing equipment, funding a marketing campaign, or expanding your premises. Let us know what you need, we’ll find the right solution.

PMD work with a wide panel of lenders, some of whom may consider applications from businesses with adverse credit. We’ll assess your circumstances and help you find a suitable option.

In some cases, yes. A business plan can help demonstrate your goals and repayment ability, especially for larger loan amounts or new-start businesses. We’ll guide you through what’s needed.

Yes, you can start your application online. PMD aim to make the process as simple and efficient as possible. Get in touch to begin.

Repayment terms can vary depending on the lender and the amount borrowed. Typically, terms can range from 6 months to 5 years, with some lenders offering longer options.

Yes, topping up an existing loan may be possible depending on your repayment history and financial position. We’ll work with you to explore your options.

Both fixed and variable rate options are available. Fixed rates offer certainty over repayments, while variable rates may fluctuate. We’ll help you choose the most suitable options for your business.

Yes, some lenders offer funding for start-ups, though criteria may be more stringent. A solid business plan and financial projections can strengthen your application. PMD will guide you through the process.

Approval times vary depending on the lender and the complexity of your application. In many cases, decisions can be made within a few days. We’ll keep things moving swiftly and keep you informed throughout.

Typically, you’ll need financial statements, bank records, and possibly a business plan. Requirement vary by lender, and we’ll let you know exactly what’s needed to make things easy.

Yes, repayment structures can often be tailored to suit your cashflow. Options may include monthly, quarterly, or seasonal payments. We’ll help you find a flexible solution.

Some lenders may perform credit checks as part of the application process, which can have a minor impact. We’ll explain how this works and explore options that suit your credit profile.

Loan amounts vary depending on your business needs and financial position. PMD works with a wide range of lenders offering facilities from a few thousand pounds to multi-million pound solutions.

Not always. While many lenders prefer businesses with trading history, there are options available for new-start businesses. We’ll help you find the right fit.

Some lenders may charge arrangement or processing fees. We’ll make sure that all costs are transparent from the outset so you can make an informed decision.

Absolutely. We’re here to help. Get in touch for a no-obligation chat about your needs and we’ll guide you through your options.

Yes, PMD works with lenders who offer funding to sole traders, partnerships, and limited companies. We’ll help you find the right fit for your business structure.

We work with businesses across a wide range of sectors, from manufacturing and retail to professional services and construction. Whatever your industry, we’ll explore suitable funding options.

Yes, most lenders will carry out a credit check as part of the application process. We’ll explain how this works and help you prepare.

Some lenders may require a personal guarantee, especially for unsecured loans. We’ll make sure you understand all the terms before you commit.

Once approved, funds can be released within a few days. We’ll keep the process moving and keep you updated every step of the way.

Yes, we’re here for the long term. Whether you need help with refinancing, topping up, or exploring other funding options, we’re just a call away.