Every week our Managing Director, Mark Smilie sends a letter to our business community. This week, Mark has some news!
“Dear Business Community,
This week I would like to cut straight to the chase – I can now fast track your business for a loan under the Government backed Coronavirus Business Interruption Loan Scheme (CBILS).
Email me now to get started or read on for more information…
Do any of the following questions apply TO YOU?
- Have you applied for a Government backed loan, but not heard back?
- Were you turned down for a Government backed loan?
- Have you been put off applying for a loan, because of the form filling and queues to get an application processed?
If the answer is yes, we should be able to assist you if you meet the following criteria:
- Been trading for more than 3 years
- You have the capability to repay the loan and any other debts that might have been deferred
- Cash-flow statements etc in support of the application.
If you do not pass the above, you can still apply direct, or call me direct now for your options.
If you have already applied to the bank and not got anywhere you can still re-apply here!
How does that work?
Well, banks have lending tiers based on credit rating, and if you do not qualify – you will be turned down. Finance companies are more flexible and, they have additional lending tiers.
On offer are, 12 month interest and capital free loans up to £250k! With a decision and funds within 1-2 weeks. No personal guarantees required.
Ok, great! What is the process and what should I do?
The answer is simple just pick up the phone and call me on 07710 466166. You can ask me any questions you might have and what options you have, and if you’re ready to go we can start you’re application immediately.
And remember, if you’re thinking about it then…
Don’t put your own money into your own business without doing this first
More essential reading:
The experts, advise you on how to get a business loan during and after the crisis…
Getting a Business Loan during these times
If you have a business that is trading, and you can prove that you will be able to make the loan repayments and that the business is viable, we at Ringrose Business Finance should be able to get you finance, quickly and easily.
But if you can’t get a business loan? Please –
Don’t apply direct for a secured loan online!
While this might seem simple and easy, it is anything but. I hear a sad story at least once a week from someone who has and it has cost them a fortune in fees that they weren’t expecting, when all they wanted was the finance company to, for instance, “Release the Charge” on their property.
A member of our team is a specialist in this type of loan, please call us first before committing yourself.
In this current marketplace everything is down to how strong your relationships are with the finance companies – as brokers, ours are strongest, therefore there is an 80% chance of acceptance by using us as opposed to less than a 30% chance by going direct.
Finally, something to always remember with Ringrose Business Finance;
We never ever charge an upfront fee
Very best wishes,
Mark Smillie”