Contact Name: Hugh Bevan
Category: Financial Services - SME Lending
GrowthLine is a flexible line of credit that businesses use to manage their working capital and cash flow.
GrowthLine works just like an overdraft: once we give you a limit, you can draw down funds and make repayments as often as you like in any given month.
Our customers use GrowthLine to plan and manage their growth: this includes purchasing stock, hiring, moving offices, and much more.
- GrowthLine is a light touch overdraft-style facility.
- Limits from £25k - £2m based on the value of Unpaid Invoices (85%), Stock (35%) & Work In Progress (35%).
- Clients can drawdown and repay as often as they want within their limit.
- Loan Rates and Service Fees based on actual borrowing – don’t use it, don’t pay.
- No arrangement fees, renewal fees, drawdown fees etc.
- Speedy drawdowns (Faster Payments) - typically within 2hrs.
- Costs starting at 0.6% per month for the loan rate and 0.4% for the service fee.
- Dedicated relationship manager as your point of contact.
- The ability to grow the facility as your business grows.
Please don't hesitate to contact me on P 07568 489 422 or email@example.com
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