Quick Business Loans are available from PDQ Funding, completion usually takes 2-5 days from application to you receiving funds in your bank account.
As one of the leading direct lenders to offer a quick turnaround we understand that some situations need to be funded and completed within a time sensitive period
We offer approval within the same day. Small businesses are constantly in need of cash flow as this is the time of growth for many of them and the entrepreneurs gearing them. For seasonal businesses like Hotels, Salons, Bars, Restaurants etc managing day to day cash flow can be challenging. That’s why an instant cash injection from a business loan or cash advance can be just the solution to meet short-term business finance needs.
What are Quick Business Loans?
A quick business loan is a type of funding is required offers a cash injection to business owners exactly when you need it. This type of borrowing requires very little paper work to speed up events to ensure quick business lending.
Most of the information that is requested can be found on business bank statements, our aim is to deliver fast funding to businesses. Financial support which is without fixed terms, there is no hidden APR or fixed monthly repayments. Repayments are made over time using a small percentage of your business’s monthly debit and credit card sales.
How quick can I get a fast Business Loan?
We will respond and give an offer to any application within 24 hours. Having an understand of small business funding that is needed we know how important fast access to working capital can be for a small businesses. Applications can be done online and in minutes. Unlike a traditional loans you don’t need a lengthy business plan, cashflow forecasts or security. Over 90% of applicants for cash advances are approved! it is also unsecured so your home is safe. Your dedicated funding advisor will ensure the lender chosen is able to work to your timescale you have instructed us with and will then manage the process for you. The proactive approach we offer allows us to stay on top of the funding application and manage any issues when they arise. This means your application for funding is never held up and ensures your business loan is released as quickly as possible.
We understand that speed maybe the selling point for any business looking for finance to support it growth. Subject to our funding criteria we aim to complete on each successful application within seven working days.
How do quick business loans work in the UK :
- Business advance loans are a quick cash injection into your business based on future credit and debit card sales.
- The are no set monthly re-payments. You will repay the business cash advance via an agreed percentage of your daily card takings.
- Cash advances for Business do not affect your credit score.
- Repayments mirror your business cash flow
How Much Can I Borrow?
Amounts that are available to be borrowed are upto £200,000. Due-diligence regarding affordability will be undertaken fast and quickly to ensure any borrowing isn’t a strain on your business. If your business is in a poor financial situation with a low credit score or you hold a poor credit rating, you may be offered loan, but it is likely that you will be charged a factor rate. By increasing the cost of the loan, the lender will recoup more of their funds quickly, which will reduce their risk.
There are a variety of unsecured facilities available from those with fixed repayment periods to overdrafts and credit cards. The most popular forms of unsecured business finance are often revolving forms of credit. This type of credit is fast & flexible for business borrowing. Their repayment plan is based on the amount borrowed, such as lines of credit, overdrafts and credit cards.
Quick Business Loans No Credit Checks UK
We respond quickly to all new applications because we know how important it is to gain quick business loans, that is why there are no credit checks for a UK based small business. You can apply for a quick business loan in minutes directly online. Gone are the days when you needed a lengthy business plan or cashflow forecasts to gain a quick business loan. With business cash advance loans you can get a decision in as little as 24 hours and funding paid in to your account within 48 hours. Over 80% of cash advance applicants are approved without the use of credit checks.
Because the loans we offer are unsecured, there is no need to worry about providing security through personal or business assets. A personal guarantee sometimes is requested. The personal guarantee exists to ensure that if your salon defaults on loan repayments, you as the business / company owner will become liable for repaying the remaining funds to the lender.
How to get a small business loan fast
We are a leading lender of small businesses loans, we work super fast to ensure that your loan is available within 48 hours, we only can work as fast as the information that we might request.
To help us speed things along take a look at the information that is needed to processed with your business loan fast approval.
Quick Business Loan Application
Step 1: Click on to our ‘Get a Quick Business Loan Quote‘ page. Here you will be asked for further details about your business to ensure that we successfully and quickly match you with the most suited lender. We will ask you to provide us with:
- The name of your business and registered office addressThe number of months / years you have been trading forYour business’ average monthly card sales or monthly turnover
Step 2: We will then ask you to provide us with the following details:
- Your title, first name and surnameYour position within the businessYour email address and telephone number
Step 3: Once you have provided us with these details, click to accept the terms and conditions and then click ‘get my quote’. From here, your application will then be processed and assessed by one of our business finance suppliers.
Step 4: One of our account managers will soon be in contact with you by either phone or email, to discuss the terms of your business loan or cash advance agreement.
Step 5: Please make sure you take time to carefully read through all of the terms of agreement, then sign the relevant documents and return them back to the lender. You should then receive the funding to your account within as little as 48 hours
FAQ’s
What is a Quick Business Loan
A Quick Business Loan is an advance of cash needed for business purposes in the shortest time possible.
How Quick can I get a business loan?
We aim to fund within 5 working days start to finish, meaning the clock starts ticking once we receive your application form.
How much can I borrow?
We advance between £5,000 up-to and including £200,000.
Is security required?
We do not ask for security on your home or business premises, but may ask for a personal guarantee.
Lee Jones is a seasoned Business Finance Specialist with over two decades of invaluable experience in the financial sector. With a keen eye for market trends and a passion for helping businesses thrive, Lee has become a trusted advisor to countless organizations seeking to navigate the complexities of finance.