Our FAQ page is here to help answer the most commonly asked questions we receive at Business Grants. If you have a question that doesn’t appear here, you can call us on 0203 900 3901.
What are your loan amounts and terms?
We can lend from £5,000 to £100,000 in unsecured finance to SMEs. Some grants have no repaymanets required, however others do require you to pay the funding back.
How long does the approval process take?
From application submission to approval, the process can take 3 days to 3 weeks and depends on the number of grant programs we have that you qualify for.
How fast can I receive the funding?
Once your application has been approved, we can have the funds with you in between 1-12 weeks. If your case is urgent please let our friendly team know and we will work out a solution that works in your favour.
What information is required to apply?
- Information on your business or business concept.
- Marketing ideas and how you plan on using them.
- Personal identification.
- Anything else that you may find helpful for us.
What are the application costs?
We do not charge our customers any fees to submit an application. It is completely obligation-free and you can choose to commit whenever you are ready. However some grant programs do not allow us to take our fees from the grants themselves. Therefore if you are approved for some of the grants we offer then there will be a fee payable for us to move forward and secure you the funding.
What industries do you lend to?
We support businesses from all industries and we have proven examples of customers that have successfully grown their business through our innovative lending methods. Some industries include:
- Retail & Fashion
- Hair & Beauty
- Real Estate
- Trade & Labour
- Cleaning Services
- Many more
How can I use the funds?
You can use the cash for any business purpose you like. A few ways our customers have used the funds:
- Startup costs
- Pay off any expenses
- TAX or BAS payments
- Purchasing stock
- Hiring extra staff
- Upgrading equipment
What can Business Grants offer that no one else can?
Business Grants is the leading alternative lender for unsecured finance in UK. We offer unique products and innovate technology to fund your business fast and easily.
- Unsecured funding up to £100,000
- Easy Application Process
- Get quick decisions from all 50 grant programs
- We do grants others don’t
- No pre-application fees
- Flexible repayment and extension options
Are your funding solutions unsecured?
Yes we do not offer secured funding of any kind.
What is the Interest Rate?
Some grants do have interest repayable, however not many as most are interest free or non-repayable.