Credit4 - Revolving Credit & Term Loan Dual Growth Funding

Short term loans

Credit4’s Dual Growth Funding provides businesses with access to two types of financing in one – part Flexible Funding Facility and part term loan. Dual Growth Funding is available to SMEs wishing to unlock growth, for amounts of between £30,000 and £100,000, for terms of between 12 and 24 months.

Credit4 - Revolving Credit Flexible Facility

Overdraft

The Credit4 Flexible Funding Facility gives growing businesses access to flexible credit for amounts of £15,000 - £30,000, for terms of between 3-12 months. Amounts may be drawn, repaid and redrawn to suit the business during the agreed term – this product is designed to give businesses in growth the flexibility to fund growth opportunities and control their funding costs.

Credit4 - Secured Business Funding

Term loan

Secured Business Funding is typically used by businesses that need access to longer-term growth funding, or to release cashflow that is tied up by the servicing of existing high-cost debt Once the level and term of funding has been agreed, Credit4 will review the application and give an in principle decision (subject to valuation). Once the valuation has taken place, Credit4 will contact the first charge holder for consent for a second charge. Subject to satisfactory valuation and receipt of consent, Credit4 will finalise the underwrite and issue formal, legal documentation to be reviewed and returned, then proceed to final checks and completion.