The requirements for running a retail business can often be demanding, and a significant level of working capital is typically required.
If you’re looking to grow your retail business and take it to the next level, you may very well need funding that enables you to carry out your plans. A Coronavirus Business Interruption Loan Scheme (CBILS) loan from LendingCrowd could allow you to advance your expansion plans and grow your business.
A CBILS loan that’s right for your business can help you take advantage of new opportunities and make your ambitions a reality. Fixed monthly repayments and loan terms of three or five years help you plan your cashflow in advance so you can make the most of your opportunity to grow.
Our team of experts aims to make a lending decision in as little as 24 hours. With a CBILS loan from LendingCrowd, you could have the money the same working day. We’re here to help at every step of the way, so get in touch to find out how to take your business further with a LendingCrowd loan.
Quick and simple retail business loans
LendingCrowd’s simple application process and case-by-case approach give our highly experienced Credit Team the ability to give businesses a quick decision on their application. We want to support your business and help you achieve your goals, and we’ll work with you to understand your business and its funding needs to ensure you get the finance that’s best for you.
We offer simple and affordable retail business loans. You deal directly with our highly experienced and friendly Credit Team, who will assess your business on its merits allowing for fast, flexible decisions.
We know you’re busy, so our aim is to deliver the support that’s right for you, allowing you to focus on running your business.
We focus on your ability to repay your business loan when assessing your application, because affordability is key to our lending decisions.
With a CBILS loan from LendingCrowd, you can borrow from £50,001 to £250,000, with loan terms of either three years or five years. Our flexible platform allows regular or one-off overpayments and early repayment in full – with no early repayment charges.
We also look for proven management ability, a strong and considered business plan, and analyse your assets and liabilities.
Marcus and Matthew, producers of Pickering's Gin, turned to LendingCrowd for a £500,000 business loan to meet demand for its hugely successful gin-filled Christmas baubles.
Please visit our help centre or give us a call and we’ll be happy to help.
You can call us Monday to Friday from 9am to 5:30pm.