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Commercial Loans Company Seeking Loan in Cardiff, UK

Providing small businesses with short-term business loans with a loan recovery rate of 100%.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 244 thousand
Run Rate Sales USD 244 thousand
EBITDA Margin 30 - 40 %
Industries Commercial Loans
Locations  Cardiff
Local Time 3:44 PM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 68 thousand for 14.0% annual interest, 1 year (Native Currency: GBP 50,000)
Reason: The funds will be used for the development of the IT platform and lending new loans. We will provide... View More
Collateral Available: USD 68 thousand
Includes physical assets worth USD 200 thousand
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Business Overview
- UK-based startup providing short-term funds between GBP 2,500 & GBP 20,000 to small businesses.
- The current owners have disbursed a total of GBP 365,000 amount of short-term loans to small businesses in the last two years.
- Average ticket size of the loan is around GBP 10,000 for an average period of about 9 months.
- Charge 4 percent per month as interest on the loans.
- Have had around 200 clients since inception and currently have 9 clients.
- Current value of the loan book is around GBP 330,000.
- Proving that the SME is being overlooked for short-term cash to propel their business forward.
- Our loan recovery rate is 100%.
- Company has a debt of GBP 25,000 currently.
Products & Services Overview
Small business loans, short-term lending, quick cash.
Assets Overview
Loan book, website IP, client data book.
Facilities Overview
We are based in an owner-occupied office in which we already run a successful commercial finance brokerage. This will also help with the loan origination of our company.
Capitalization Overview
The business is currently funded by the directors of the business who also own a renowned finance company.
£30k investor money.
£25k bank loan.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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