Business finance to buy a business
Come to us to purchase or to buy into an existing business.
With access to direct lender funding, we will always help you raise finance for your business or franchise purchase. You’ll find us more flexible than anywhere else, with high rates of acceptance and great rates to acquire and buy into an existing business.
Account Managers are available 7 days a week, and you’ll have a decision within 2 hours.
When you know what is possible, you can make it happen.
Why NCF Business Finance?
- High rates of acceptance up to 98% approved
- Our Business finance is perfect to purchase or buy into companies, giving VAT and tax relief on the repayments
- Funds available for fast transfer, typically within 24 Hours
Our specialist team has helped finance thousands of new businesses, we deal with start ups and new trade every week.
Most lenders are not prepared to offer a startup finance to new companies and require you to jump through unrealistic hoops, using outdated processes with impossible hurdles in your way.
We want to lend to your new business. We look at the likely success of your business, the people behind it and their experience, we want to approve your funding.
This is what makes Nationwide Corporate Finance so unusual. All proposals are considered by people and not machines. Every situation and proposal is different and therefore needs our specialist team.
Our free quotes are available to any UK business. The application process is simple and completed online in minutes. Before applying, you can even check you eligibility.
We understand opportunities may present themselves and you need to act fast. Our modern thinking approach guarantees that once approved you will have your funds within 24 hours.
Please speak to an account manager today or apply online. – We are open 7 days a week.
You have the flexibility to settle the finance agreements early and there are no additional penalties for doing so, you will pay exactly the same amount if you settle the agreement early or if you let the agreement run its full term. The settlement calculation is simply, all the contractual payments that would have fallen due on the agreement are added together along with any notice period with no discount and this will form the settlement figure. We suggest to clients that are considering to settle agreements early to use your surplus funds within the business or other investments,settling our finance agreements early have no savings or benefit due to the settlement procedure that follows a strict funding covenant.
You will be required to give personal and/or corporate guarantee(s) to support the finance Agreement with your company and you maybe asked to provide a guarantor to guarantee your businesses liabilities, in addition, dependent on agreement and amount borrowed and the credit status the lender will require a unilateral notice or Legal Charge over your residential property and/or business property and/or any guarantor’s residence property. A fixed and floating charge over the assets of your company or any corporate guarantor (a “debenture”) will also be required.
For your information when considering whether or not to accept any offer of finance we make to you. Nationwide Corporate Finance Limited will act as broker and arrange for the finance to be provided by our sister company Blackrock Secured Finance Limited who will pay us a commission for the introduction. We are connected with Blackrock Secured Finance Limited by common directors, shareholders and trading addresses. The finance offered will not be a loan but instead will be a refinance or asset finance agreement. Under the agreement you will sell some of your goods to and hire them back from Blackrock Secured Finance Limited.