Our specialist team helps thousands of businesses every week.
Cash Flow is Always the Priority
Most cash flow issues are hard to predict, and for that reason we have done everything we can to speed up the process for you. We provide funding fast, with underwriting approval often within a couple of hours, and then payout within a few days or sometimes within 24 hours.
That said, we want to prevent unexpected problems, so give us as much time as you can. If you are not sure, then start early and have the facility approved as early as possible, just in case.
How does it Work?
We want to lend to your business. Taking into account the likely success of your individual operation, the people behind it and their experience, as well as the current asset value, 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.
We will not be able to offer finance if you are located in Scotland, Northern or Republic of Ireland. We offer both unsecured and secured funding, dependent on credit guarantors may be required.
Stop searching. We will help you.
We understand the unexpected challenges that businesses frequently have. Our huge experience means that no matter how unusual your requirements are, we already understand how to help.
We offer both unsecured and secured funding, dependent on credit guarantors may be required.
What we require to make a decision?
- Names, Dates of Birth and Home Addresses for all the business owners
- Details of what you plan to do and where
- A chat about your experience and what your business will do
Please speak to an account manager today or apply online. – We are open 7 days a week.
Unlike a business loan, our finance agreements do NOT have out-of-date credit questions that waste your time. We offer fast business finance on tax efficient asset finance and refinance agreements. Your application will have a decision within 2 hours and we will try everything to approve your funding. Our fast and modern thinking approach guarantees you will have your funds within 24 hours.
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 whether you settle the agreement early or you let the agreement run its full term. The settlement calculation is simply all of the contractual payments that would have fallen due on the agreement added together along with any notice period with no discount and this will form the settlement figure. We suggest that clients who are considering settling early use their surplus funds elsewhere, as settling our finance agreements early offers no saving or benefit due to the terms of settlement that follows a strict funding covenant.
Once your business has been accepted by us for funding you and any guarantors will be sent a URL link which will enable each of you to read a document outlining our Business Process and so that you can fully understand what we will do and what you should expect to happen very quickly and before you or any guarantors are asked to sign any documents or make any other commitment.
All officers of the applicant limited company will be required to provide their personal guarantees to support the finance agreement. If your business is not currently incorporated as a limited company you will need to register it as a limited company before we are able to offer it any finance.
Also, any relatives or others who are willing to provide their personal guarantees will have to be a Director, Company Secretary and/or shareholder of the company so that we can be sure they are supporting and actively involved in your business and therefore have a benefit and incentive to provide a guarantee.
The proposed finance agreement together with any personal guarantees and charges to be provided will be posted by us to the relevant individuals in advance of the appointment which will be arranged for our representative to visit in order to get them signed by those individuals.
It is VERY IMPORTANT that the applicant and any others who are giving personal guarantees, or property charges read the documents posted to them immediately they arrive. If there are any questions or there is anything you or any guarantor does not understand then he/she should telephone our Account Manager without delay and before our representative is due to visit and have those documents signed. Any questions you or any guarantors may have MUST be dealt with by telephoning your Account Manager as the representative who attends with the documents for you to sign has NO AUTHORITY to deal with any queries or give any advice or representations on our behalf save that he will provide some relevant information from a pre prepared script and which all parties signing documents will be asked to sign acknowledging that they have been given and have understood this information.
We recommend that all individuals giving a personal guarantee and/or charge against their property should take independent legal advice before signing.. YOUR HOME AND/OR THAT OF ANY GUARANTOR MAY BE REPOSSESSED IF YOUR BUSINESS DOES NOT KEEP UP REPAYMENTS ON THE FINANCE AGREEMENT SECURED BY A CHARGE ON IT.
PLEASE NOTE that we do not fall within the ambit of the Financial Ombudsman Service nor are we regulated by the Financial Conduct Authority as we only offer our asset finance and refinance agreements to corporate entities and we are a direct funder, not a credit broker or introducer.
Nevertheless, we always strive to treat our customers fairly and to build strong relationships with our customers resulting in many of them returning whenever they need finance time after time. We support very small businesses all the way up to some of the largest companies in the UK and we are proud to have all as our customers
We are excited and are fully supportive of your funding project and will do our very best to help you and approve your funding needs very quickly. However, with all this excitement please do not feel pressured to enter into an agreement too quickly, take your time and proceed when you are ready especially as you and your friends or relatives will be asked to sign as guarantors and secure the finance against their personal properties so they will ultimately be liable and those properties may have to be repossessed if your business fails.