Instant Approval Cash Flow Loans

How do I apply for a Cash Flow Loan?

We very strongly believe in efficiency and simplicity in the lending process. What it takes to get a cash flow loan should be a compelling business and confident leadership, not endless reams of paperwork and red tape. That's why we pride ourselves on the speed with which we make decisions, and the lack of paperwork we require. And whilst we're big users of cutting-edge technology, we're also aware of its limitations; so unlike some other lending platforms, we don't use algorithms to make instantaneous final decisions. It takes a little longer, but we're confident that it makes for better and more flexible decision-making.

How can I check my eligibility for a cash flow loan?

There are a few things that cash flow lenders will look at when considering your application. First, they'll want to see that your business has a healthy cash flow. This means that you have enough money coming in to cover your expenses and have some left over for growth. They'll also want to see that you have a good track record of making repayments on time. If you can show them that you're a responsible borrower, you're more likely to be approved for a loan. So if you're thinking of applying for a cash flow loan, make sure you do your research and put together a strong application.

Can I repay my cash flow loan early?

There's no hard and fast answer to this question - it depends on the specific business loan you have. At Love Finance we do not penalize and you can repay as early as you need. Some cash flow lenders may penalize you for repaying early, while others may not. It's always best to check with your lender to see what their policy is. Generally speaking, business loans are a type of business borrowing that need to be repaid over a set period of time. This repayment schedule is agreed upon when you take out the loan and usually involves making fixed monthly payments. If you're able to repay the loan early, you may be able to save on interest charges. Every business is different, so what works for one may not work for another. It's important to weigh up all the options before deciding whether or not to repay your business loan early. Ultimately, the decision comes down to what's best for your business.

Can I get a startup business loan? 

Unless you are purchasing business assets then unfortunately we only offer loans to companies trading over 12 months. However, we have teamed up with Transmit who offer start-up loans. If you write "LOVE" in the referral box, they'll know you've come from us :)

Can I apply for a business loan if I have a bad credit history? 

Your credit score depends on several factors but most importantly, whether you have a track record of taking out credit and repaying it quickly. The best thing you can do to improve your credit score and successfully apply for quick business loans is to make sure you're not entering into arrears on any lines of credit you might already have.

What can my business loan be used for?

VAT loans work by bridging the gap between the working capital you have on hand and the amount you need to pay HMRC. Good VAT bill finance facilities provide all of the cash you need to meet your tax liabilities on time and then ask you to pay back in a series of installments over the following months.

What are the repayment terms on a business loan? 

Cash flow loans can be obtained from banks, credit unions, and online lenders. The terms of repayment vary depending on the cash flow lender, but most cash flow loans must be repaid within 12 months to 5 years. Most cash flow lenders require borrowers to make monthly payments.

Are there disadvantages of business finance 

Although business finance can be a valuable tool for business owners, there may be some disadvantages to consider. For one thing, business finance often involves a high-interest rate and tight repayment terms, making it difficult for some small businesses to keep up with their financial obligations. Additionally, in order to obtain business finance, business owners may be required to provide a personal guarantee, putting their own assets at risk. Finally, business finance can place limits on a business owner's flexibility and make it difficult to adapt to changing market conditions. Overall, while business finance is certainly not without its downsides, it remains an important tool for many businesses seeking to grow and prosper.

Can you get cash flow loans for a small business

Cash flow loans are a great way to get the cash you need to keep your small business running. There are a few things you need to know before you apply for one though. First, cash flow loans are designed to help businesses with their cash flow needs. This means that if you're not generating enough cash to meet your financial obligations, a cash flow loan can help. Second, cash flow loans are typically short-term loans. This means that they're not meant to be used as a long-term solution to your cash flow problems. Finally, cash flow loans typically have higher interest rates than other types of loans. This is because they're considered to be at higher risk. However, if you're able to repay the loan on time, you can save money on interest. If you're looking for a cash flow loan for your small business you can apply with Love Finance today.

Need help applying for a cash flow loan?

If you have any questions regarding cash flow loan costs, how to best apply, or about cash flow finance in general, please don't hesitate to contact us before you apply.

Call 0800 086 9404 or Email Us
Office Hours are Monday to Fri 9:00 am - 5:30 pm