We are always very happy to talk to you about any questions you may have. Below are a set of standard questions and answers and you might find the answer you’re looking for here.
For our friendly flexible funding solutions.
Here at One Stop Business Finance, we don’t operate a standardized ‘check-box’ procedure. We’re all human and are here to listen to your unique requirements – after all, we understand that each business is unique.
Our expert team of Business Development Managers and Risk Directors will then tailor funding to match your needs, and long and short-term business growth goals.
In the eventuality that you are unable to make a payment, or if you anticipate that this will be delayed, please contact your point of contact (usually your Business Development Manager) and communicate your reasonings.
We will then make a plan on a case-by-case basis, and work with you to find a resolution.
Repayments are made typically, by Direct Debit for property-backed loans.
In the case of an Invoice Finance loan, repayments are made to a trust account directly to One Stop Invoice Finance.
The minimum loan with One Stop Business Finance is £50,000. The maximum loan amount is £2.5m +
Our maximum loan term is 24 months against own-book lending.
Across brokerage products, we can secure loan amounts from £50,000 to £250m from 1 month to 40 years - specifically for Property Finance.
A business loan cost will vary, depending on the type of loan and the duration of the loan. Interest rates are charged from 1.4% per month, with arrangement fees ranging between 0.5% to 5% of the total loan value.
A personal guarantee may be required in some specific circumstances.
Other security can include Minimum Company Debenture and 1st or 2nd Charge over Residential and/ or Commercial Property. As an exception, we can look at P&M as security.
Our exit fee is typically 1%, with the percentage for Development and Refurbishment lending starting at 1% of the Gross Development Value.
We don’t charge for early repayment charges, as long as the minimum income requirement is met.
You will be required to provide a valid form of identification, such as a driving license or passport. We will also require proof of address, bank statements, and records of any current loans/ debts.
We can complete the application and have funds in your business account as fast as 2 working days. The application will be processed quickest if your business bank is eligible for Open banking technology, which virtually all banks are now.
A credit check will take place at the start of the application process to ensure affordability and that minimum checks are met.
The minimum criteria for a loan with One Stop Business Finance entails that that there must be a clear exit plan, be fully secured, and responsible. The loan requirement must also be short-term only.
Loans with One Stop Business Finance are for SME businesses in England and Wales. Limited Companies, Sole Traders and Partnerships are all eligible for business funding, as long as the funds can be demonstrated to have a viable, business purpose.
Contact your local team and learn about recent funding for businesses in the area, community events, and regional insights.