Business Finance

Funding Triangle FAQs

We offer various types of loans, including secured and unsecured business loans, working capital loans, and fast small business loans to suit the diverse needs of small businesses.

Further reading: What Are Unsecured Small Business Loans?

Applying is easy! Complete our simple online application form, and once submitted, you’ll receive a decision within as little as one hour. If approved, the funds will be in your account within 24-48 hours.

Further reading: How Do Small Business Loans Work?

Interest rates vary depending on the loan type and your business’s financial profile. At Funding Triangle, our interest rates start from 4.8%.

Further reading: What’s a Typical Loan Rate for a Small Business Loan?

We offer loan amounts ranging from £10,000 to £500,000, depending on your business’s needs and financial health.

You can receive approval within an hour of submitting your application. Once approved, you can expect the funds to be in your account within 24-48 hours.

Typically, you will need to provide basic financial documents like bank statements, proof of business operations, and any relevant tax returns.

No, many of our loans, including unsecured loans, do not require any form of collateral.

Further reading: What Are Unsecured Small Business Loans?

You can use our business loans for a wide range of purposes, including purchasing equipment, hiring staff, covering operational expenses, or managing cash flow.

Further reading: What Can Working Capital Loans Be Used For?

Yes, we work with businesses of all credit profiles. While a good credit score helps, it is not always necessary to secure a loan with us.

Further reading: How to Get a Small Business Loan With No Credit Check

Repayment periods vary depending on the loan type, but we offer flexible repayment terms that typically range from six months to five years.

You will repay the loan in monthly instalments, which include both principal and interest, based on the agreed-upon terms during your loan approval process.

Yes, you can repay your loan early without incurring any penalties.

A secured loan requires collateral, while an unsecured loan does not. Secured loans generally offer lower interest rates but carry the risk of losing the collateral if you default. Unsecured loans come with higher rates but no collateral is required.

Further reading: What Are Unsecured Small Business Loans?

Yes, we offer loans to startups, although the terms may differ based on your business’s age and financial standing.

Further reading: Can a New Company Get a Business Loan?

Yes, we offer loans that can help you expand your business into overseas markets.

Further reading: Going Global: Securing Small Business Loans for Overseas Investment

Yes, many of our clients use business loans to purchase new equipment to help their businesses grow and improve operational efficiency.

Further reading: Leveraging Small Business Loans for Equipment

Yes, working capital loans are ideal for businesses facing seasonal fluctuations in cash flow, allowing you to cover operating costs during low-revenue periods.

Further reading: How Does a Working Capital Loan Work?

Fast small business loans offer quick access to funds, but may come with higher interest rates and shorter repayment terms. It’s important to evaluate your cash flow before applying.

Further reading: The Pros and Cons of Fast Small Business Loans

Yes, you can use a small business loan to purchase an existing business, which can be a more secure and faster route to entrepreneurship.

Further reading: Can a New Company Get a Business Loan?

Still have questions?

If you have more questions or need additional assistance, feel free to get in touch with our friendly team. We’re here to help you navigate your business funding options and find the right solution for your needs.

Whether you’re looking for advice on loan products, the application process, or anything else, don’t hesitate to reach out. We look forward to assisting you!

Ready to get started?

If you’re ready to take the next step and secure the funding your business needs, applying is simple and fast. With loan amounts ranging from £10,000 to £500,000 and interest rates starting at just 4.8%, you can receive approval in as little as one hour.

Take your business to the next level today