Business loan without a personal guarantee? Time running out!

Your business may be able to get a loan through the Ukraine Credit Guarantee Scheme (UCGS). It gives you lower rates and without personal guarantees.

The partner credit team's allocation of funds under this scheme are due to run out in 4 - 6 weeks. If your  business needs funds for working capital, expansion etc. the time to act is now!

What is UCGS?

Our partner credit teams have access to Strategic Banking Corporation of Ireland (SBCI) funds under the UCGS. Businesses that have seen costs go up 10% can qualify, for example, inflation on utilities and fuel.

Loan features:

  • Rates start at 5.65%.

  • Loans from €10,000 to €250,000.

  • Terms from 12 months to 36 months.

  • No personal guarantee.

  • Instant funding on acceptance.

  • Unsecured business loans for working capital or investment. 

If a business qualifies under the scheme, it still needs to pass the underwriting process. Expect to need to have accounts in profit, a tax clearance certifiate and no recent missed payments in the bank statements. Call the BusinessLoans.ie team on 01 55 636 55.

BusinessLoans.ie latest deal - Ukraine Credit Guarantee Scheme loan

BusinessLoans.ie is happy to have helped our client with a third finance deal. They’re involved in upgrading lighting on roadways and are working on public contracts. They required funding to help with this, especially ordering from their suppliers. They were approved quickly at a low rate and without directors’ personal guarantees because it was under the Ukraine Credit Guarantee Scheme. Many businesses that have been hit with increased costs due to inflation attributed to war can qualify.

Does your business need a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.

BusinessLoans.ie latest deal - Stocking finance

BusinessLoans.ie is happy to have helped our client for the fourth time. They needed a new stock of machinery to sell on. While they enjoy some supplier terms they improve their buying power with cash and bulk deals. Along with this they need flexibility in terms they offer to some of the clients they sell machinery on to.

They had tried their bank, however they had approval issues in the past because of tight margins and profit. BusinessLoans.ie has finance partners who can sometimes help in their situation, where there is high turnover and steady cash flow. They got a flexible repayment loan approved in 24 hours; and it worked for them. They were able to renew the facility again and grow their business in the past couple of years.

Does your business need a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.

Need a fast finance quote?

Many business owners we speak with are already trying their bank for a loan. In Ireland up to 80% do so. However there are many reasons to try BusinessLoans.ie.

  1. We’re fast. Amounts less than €50,000 can be approved and funded on the same day. That’s generally for businesses with at least one year’s profitable accounts behind them. Or if you need a bigger amount, don’t worry. Get up to €1,000,000 funded in 24 hours.

  2. We compare the market. There are a number of loan quote options available, outside of your bank. We use non-bank lenders. They have modern systems and underwriting processes. That often means far less paperwork, delay, hassle and expense; and multiple quotes to compare.

  3. We give you ongoing support. Sometimes an opportunity comes along in business that you can’t pass up. A supplier needs to liquidate some stock quickly? We might just be able to get you on to that deal. A debtor has broken their promise and left you in a cash flow pickle? A one-off invoice finance deal could bridge the gap. We’re ongoing partners to our clients.

Does your business need a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.

Recent deal: Seafood seller catches a €150,000 working capital loan

BusinessLoans.ie is celebrating another successful finance deal. It was for a seafood exporter expanding into new markets. The business has been enjoying year-on-year growth with significant sales into China; and now enjoying better margins in their new USA market. They were happy with €150,000 approved in 24 hours, at a fair rate.

Does your business want to hook a fast finance quote? Call us on 01 55 636 55 or email hello@businessloans.ie.

Business Loans: Ukraine Credit Guarantee Scheme

BusinessLoans.ie is happy to have access to the Ukraine Credit Guarantee Scheme (UCGS). It gives businesses lower rate loans and without personal guarantees.

What is UCGS?

Our partner credit teams have Strategic Banking Corporation of Ireland (SBCI) funds under the UCGS. Businesses that have seen costs go up 10% due to war can qualify, for example, inflation on utilities and fuel.

Loan features:

  • Rates start at 5.65%.

  • Loans from €10,000 to €250,000.

  • Terms from 12 months to 60 months. 

  • No personal guarantee.

  • Instant funding on acceptance.

  • Unsecured business loans for working capital or investment. 

If the business qualifies under the scheme, it still needs to pass the underwriting process. Expect to need to have recent filed accounts in profit, a tax clearance certifiate and no recent missed payments in the bank statements.

Does your business want a fast finance quote? Call the BusinessLoans.ie team today on 01 55 636 55 or email hello@businessloans.ie.

Construction business loans in Ireland

BusinessLoans.ie has loan quote options for construction businesses in Ireland. There are simple unsecured loans available at low rates for builders, tradespeople and engineers. Alternative lenders help construction industry businesses with unsecured lending, secured lending, asset financing, invoice financing and more. Many have a low paperwork approval process. We’re here to get you a fast finance quote, so once you’ve decided on how much you may need get in touch and we’ll take it from there. Here are some options to consider.

UNSECURED BUSINESS LOANS

If your business needs general working capital and your accounts are in profit and has no recent missed payments in the bank statements, then low rate simple unsecured loans are available. Unsecured loans with terms up to 5 years are available for capital expenditure; and if you’re looking at used machinery this can be ideal.

SECURED BUSINESS LOANS

There are other lenders on the market who can quote where you may have had a small loss one year and maybe a higher number of missed payments where unsecured loan quotes won’t work. If your business owns machines and vehicles they can work as collateral for secured lending.

INVOICE FINANCE

Some businesses, such as subcontractors, can have a significant book of debtors. There are flexible invoice finance options that enable you to release cash from your invoices and improve your cash flow cycle.

ASSET FINANCE

Your business may need new or used vehicles, machines & equipment to get working on project. You can get low rate asset finance, whether leasing or hire purchase. Get quick indicative repayment info up to 7 years in term. Just get a machinery, vehicle or equipment quote from any reputable dealer North or South to get started.

Does your construction business want finance? Call the BusinessLoans.ie team on 01 55 636 55 for fast finance quotes; or email hello@businessloans.ie.

Recent deal: Steel shed builder gets a €75,000 stocking loan boost

BusinessLoans.ie is celebrating another happy client. It was for an engineering firm that needed bulk steel at a good price to finish a flurry of recent orders. The business owner felt their bank would take too long and was looking for a quick turnaround. They got a 24 hour approval through a non-bank lender at a fair rate. They took a 12 month term and were happy to know they could exit the loan early if they wished to save on interest.

Does your business want a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.

Fast loan quote? Flexible Repayment Loan

BusinessLoans.ie has a fast finance quote option for up to €250,000. Businesses that are trading from 9 months onwards and turnover of at least €20,000 a month can enjoy 24 hour approval. The repayment is flexible because it keeps in tune with cash flow over a term up to 12 months. Generally the partner credit team can top up the loan once it’s paid down at least halfway.

Many businesses in Ireland have tight profits or tax clearance certificate issues such as phased payment plans or tax warehousing with Revenue. Sometimes approval can be made in such circumstances and it costs nothing to check.

Does your business want a fast finance quote? Call the BusinessLoans.ie team on 01 55 636 55 or email hello@businessloans.ie.

Fast & furious turnaround on €70,000 car dealer stocking loan

BusinessLoans.ie is celebrating another quick turnaround loan quote; approval in less than 24 hours. Yesterday a car dealer called because their bank seemed to be giving them the run-around on their annual car stocking loan arrangement. The lack of correspondance and hearing of new additional credit checks had given him the nudge to try elsewhere.

BusinessLoans.ie found that, while they had a dip in turnover, it was because of the Pandemic and they recovered well in 2023, with their best sales yet. Our lending partner approved them for the same amount as the bank by the next morning and the client was happy with a stocking loan facility with flexible repayments that worked with their cash flow cycle.

Does your business want a fast finance quote? Call BusinessLoans.ie on 01 55 636 55 or email hello@businessloans.ie.