What can a commercial finance broker do for me?
A commercial finance broker aims to match your business needs with finance solutions offered by the commercial lenders. E-funding assist business owners get the business funding they need to meet their requirements.
What geographic area do you operate in?
We can support all types of small to medium size businesses across United Kingdom no matter where you're based.
Can you help even if I have just been declined for any reasons including CCJ's and poor credit score?
Yes we can, although obtaining finance has become more difficult in the last few years but the emergence of new alternative funders means a far greater chance of being approved.
How long does the process take?
Depending on the nature of your loan application, straightforward applications can take on average couple of days to have a decision in principle and other more complex cases will naturally take longer, but we always try our best to get your application approved asap with appropriate lenders.
What supporting documents will be requested?
Typically for an existing business, we will need to view the latest business bank statements, the past one to three years' accounts and verification documents.
Will you preform multiple credit searches?
E-funding do not carry out any credit searches. Only the selected funders will complete relevant searches. We will ask you for permission to complete searches at the point of submission.
Can you help the 'Start-up' Businesses?
Yes we can! Although, start-up businesses can be a little more challenging to fund because of their nature and the lack of proven track record to evidence affordability. However, having access to over 200 finance providers means that we can always find one to fund your financial requirements.
Do you charge any broker fees for this service?
E-funding offers an Initial FREE Loan Assessment Service to businesses. A small processing fee and a broker fee of up to 3% is charged should you want to proceed with your loan application.
Why choose E-Funding as oppose to any other Brokers?
We take great pride in providing 'OUT OF BOX' solutions to your financial needs. We are passionate about supporting SMEs to see them grow and succeed.
Want to know more how to get started?