Funding for Small Business
during Covid.

  • Posfin Capital is a fully FCA Authorised credit broker.
  • On your side, with broad access to multiple RLS lenders and Non-RLS.

RLS - No PG Required up to £250,000
Non-RLS: Get funded immediately

Free Eligibility Check
or Apply Now

RLS

  • Borrow £25,001 to £10,000,000
  • No PG Required up to £250,000
  • No early settlement fees or redemptions
  • Submitted to lenders within 24 hours

Non-RLS

  • Borrow £5,000 to £500,000
  • No early settlement fees or redemptions
  • Rates from 0.7% monthly
  • Approval and deposits within 24 hours

Posfin Capital is not a direct lender. We deliver applications (done for you) into the Government-owned British Business Bank accredited lenders who provide loans under the Recovery Loan Scheme, known as RLS.

We also have extensive access to Non-RLS products.

Essentially, we want to help you get funded.

We understand which lenders are most likely to have appetite for your business FAST,

depending on your trading history and turnover.

SMEs NEED FUNDING NOW MORE THAN EVER BEFORE

Small business loans enable a quick, cost-effective way to borrow for your business today.

Working capital, growth, stock, vat, wages, assets, or whatever it is, we can provide solutions with an affordable fixed monthly repayment schedule to help you do what you do best, run your business.

RLS - NO PERSONAL GUARANTEE REQUIRED UP TO £250,000

If for any reason you do not qualify for RLS or you have already had RLS up to your maximum allowance, we can offer Non-RLS alternatives from our lender panel who are also ready to support your business.  Overdrafts and credit cards may not be the best option in the current climate and often small business loans are more flexible and easier to access for the many, and not just the few.

RLS is unsecured with no Personal Guarantee required, (up to first £250k) whereas alternative Non-RLS finance products will always require a Personal Guarantee in the UK and offer both unsecured and secured options.

Am I eligible for a business loan?

Eligibility requirements vary due to our extensive access to various lenders. The British Business Bank clearly outlines standard basic requirements for all RLS applicants which is the same for all lenders, however lenders do still have their own rules for acceptance, which is never a one size fits all.

To find out if you are eligible for a small business loan apply here

Are small business loans more difficult to get since Covid?

Yes is the likelihood for many. However as lockdowns lift, then increased trade volumes will absolutely increase acceptance rates.

Our team is dedicated, ethical and highly efficient, which is to your benefit.

You can apply online and you just might get a decision within as little as 24 hours.

How much can I borrow for a small business loan?

  • RLS unsecured business loans from £25,001 up to £10,000,000
  • NO PG Required up to first £250,000
  • Non-RLS loans from £5,000 up to £500,000 are available
  • Apply now to find out how much you are eligible for.

Can I get a small business loan if I already have a Bounce Back Loan?

If you have a loan under the Bounce Back Loan Scheme (BBLS) you can still apply for a small business loan. Whilst YES you will have to repay the Bounce Back under the repayment schedule. It therefore DOES NOT need to be repaid in advance of obtaining a Recovery Loan, however lenders will always assess affordability and existing repayment schedules towards any BBLS loans will be factored into their decision. change to: Yes, you will have to repay the Bounce Back loan under the existing repayment schedule. It therefore DOES NOT need to be repaid in advance of obtaining a Recovery Loan. Lenders will always assess affordability case by case.

Can I get a Non-RLS business loan if I do not qualify for RLS or was rejected?

Yes, providing your credit file is accepted by the lender and you can demonstrate affordability towards meeting your loan repayments. Posfin have multiple lenders who can provide offers.

Free Eligibility Check
or Apply Now

NEXT STEPS TO APPLY FOR A RLS BUSINESS LOAN?

It’s quick and easy to apply online and you’ll receive a fast decision to take your business forward.

1

Free eligibility check in 60 seconds

Free eligibility check without affecting your credit score.

2

Apply online in 5 minutes

Tell us about yourself and your business with our easy application.

3

Decision in as little as 24 hours

If approved, you’ll receive a no-obligation, personalised offer.

4

Your funds are deposited

After you accept the loan offered, lenders run some final checks to process your loan and deposit the money straight into your business account.

Apply Now

Supporting you when you need it most

Our friendly broker team are UK-based and here to help throughout your loan application process.

Please note that due to an increase in call volumes since Covid, and most people working from home, wait times are longer than usual. We value your patience.

Finance enquiries finance@posfincapital.com

Tel:0208 1919 228(email preferred)

Ready to serve: Mon-Fri, 9am-6pm