Hastings Working Capital Loan
What is the Hastings Working Capital Loan?The Hastings Working Capital Loan is a short-term (up to two years) loan facility to support businesses through cash flow difficulties when they cannot access any, or sufficient, funding from usual borrowing sources, such as banks.
Want to know more?
Simply contact Capitalise Business Support on
0845 601 8326
Remember, to qualify for The Hastings Working Capital Loan your business must be located within the Borough of Hastings.
Could your business use a refreshing boost?
Am I eligible?
If you can answer “yes” to the following then you are eligible to apply:
• Are you unable to get business finance?
• Are you over 18?
• Do you have a good business proposition?
• Have you been trading for at least 12 months?
• Is your business based in Hastings Borough?
What can I use the loan for?
More or less anything that meets your current working capital needs, typically this would be:
• Current quarter’s rent
• Stock
• Wages
• Utility bills
• Other general running costs.
If you need funding towards non working capital related items such as fitting out premises, equipment, tools etc.
then ask about our standard business loan, as we may be able to help you.
Please contact us for details.
How much can I borrow?
• Between £1,000 and £10,000
• Loan terms of up to two years
In exceptional circumstances we will look at amounts and terms outside of these.
What business support shall I receive?
Capitalise Business Support will help you in the following ways:
• Give you time and advice on how to refine and develop your plans
• Guide you through the loan application process
• Provide you with a FREE business mentor for the lifetime of the
loan.
What will it cost me?
Typical loan repayment:
£5,000 over 24 months (two years) Monthly repayments of £221.80.Total
repayable £5,323.12 (includes 2% arrangement fee of £100)
7.73% APR
Additional charges may be applicable if security is required.
If a loan is secured by your property, your home could be
at risk if you fail to make your repayments.
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Call us now on 0845 6018326
