Outstanding facility for small businesses
Make no mistake, the interest is high. However, if you need a cash injection into your business this is the way to go. I had a £20K loan to help subsidise a new kitchen in our restaurant. Due to the 16% taken every week directly from my card payments, this meant the loan was paid off within 3 months. It's a great facility to have access to. I have now been offered a £30k advance if I ever need it. Right now I don't, but its great to know that I can have this money within 10 days of applying for it. If only they did business mortgages, as Id happily take a £500k loan from them!!
A Lender replied:
17th November 2016
Our review of Liberis
- Average turnaround in 20 business hours
- UK’s 1st – and largest – provider of Business Cash Advance
- Over £160m provided to SME’s in the UK
- You must have been trading with a merchant account for a minimum of 4 months
- You must process a minimum of £2,500 per month via the card sales
- Maximum APR 0%
- Arrangement fee: £0
- Early repayment fee: £0
- Late payment fee: £0
Liberis offer business finance in a Business Cash Advance format. They have been helping businesses get the funds they need since 2007 and have invested over £160million in helping over 4,500 businesses reach their goals.
The Business Cash Advance is designed to work seamlessly with your cashflow, which means you only ever have to pay us back when your customers pay you. So if business is going well you’ll be able to pay it back quicker, but if you’re having a quiet spell you’ll naturally pay back less that month.
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