Funding for growth, without assets to lend against.
Accountancy practices, consultancies, agencies and IT firms grow by hiring people and winning clients, not buying equipment. Banks often want security you don’t have. Specialist lenders look at your income and clients instead.
- £10k to £1m for limited companies and LLPs
- Hiring, tax bills, acquisitions and office moves
- Lenders that look at recurring client income
Growing fast, with nothing for the bank to secure.
Acquisition loans can fund it, repaid from the fees the new clients bring in.
A tax loan spreads the bill over a few months.
A loan funds the hires before the new fees arrive.
What lenders often look at for professional services
Recurring income
Retainers and repeat clients show steady income to repay from.
Client concentration
Lenders may ask how much of your income comes from your biggest clients.
Profitability
Filed accounts and management accounts show what you can afford.
Invoice finance
If clients are slow to pay, invoice finance may suit you better than a loan.
Is a business loan right for your business?
Usually a good fit
- Limited companies and LLPs
- Usually 12 months or more trading
- Regular client income
Harder to fund
- Very new firms
- One client making up most of your income
- Recent losses
Not sure? That's what the call is for. If it isn't the right fit, your specialist will tell you and suggest what might work instead.
What happens after you enquire
Two minutes online
A few questions. We find your company on Companies House as you type.
A text from us
Straight away, with the name of the specialist who'll call you.
A short call
Usually within a working day. About 15 minutes on how your business trades.
Options in plain English
What is available, the full cost in pounds, and what they would need.
You decide
No obligation. Saying "not right now" is fine.
Questions from professional services businesses
Yes, acquisition loans are common in professional services. Your specialist will explain what lenders need.
Find out what your business could borrow.
Two minutes. Free. No hard credit check. One specialist, not ten calls.