Extended Learning

Commissions – For business loans

When you arrange a loan with one of the panel lenders, the amount of commission is linked to the fee charged to the client. E.g. to receive 5.5% from Funding Circle, the client would need to be charged 9% Each provider varies but their individual portals confirm the fees and commission amounts. Note, this can […]

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OMS – For business loans

IMPORTANT: Please ensure OMS is updated for all Business Loans whoever is the provider so that we can match commissions to the case and pay you on a timely basis. You will still need to record your client’s information on OMS and attach the documentation you have been required to collect to support the business

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Esme

If your client’s business is approved, they can access their money with a click of a button – going from application to having the money in their account in less than an hour. An easy and secure paperless application process that takes less than 10 minutes. Quick decisions and, if approved, the ability to receive

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Just Cashflow

Just Cashflow PLC is a responsible specialist lender to UK Businesses who offer flexible funding solutions to businesses to help them manage their cash flow. Unsecured and Secured loan solutions Just Cashflow products are designed to accommodate SME cash flow and funding requirements to match the specific needs of the customer. Just Cashflow facilities can

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Spotcap

Spotcap’s unsecured business loan offerings: Unsecured business loans from £50k-£350k Decision within 24 hours Multiple security options: no personal guarantee (PG), partial PG, full PG Dedicated account manager Minimum criteria: 3 years in business Minimum annual turnover of £500k Profitable and growing Read here some of their customer stories: https://www.spotcap.co.uk/customer-stories/       PLEASE NOTE

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Selina

Selina are a digital secured lender offering flexible credit facilities for businesses and property investors across the UK (including Scotland and N. Ireland). We secure our credit facility against an applicant’s residential property or a buy-to-let portfolio, providing them with an affordable and flexible alternative to accessing funds. For a summary of their products, see

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Iwoca

Small Business Loan: This is designed to help small businesses fund their long-term growth plans. This product allows your clients to expand their workforce, fund new projects or spread the cost of new equipment. Flexi Loan: iwoca’s flexible credit line has supported over 20,000 small businesses, allowing them to manage their cash flow and grow.

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Fleximize

Offering unsecured deals with a director PG up to £250k and can complete within 2 days Offering secured deals up to £500k which can be completed within 3 days as they do not conduct physical valuations and place an equitable charge on residential property. All loans are amortising, therefore, our rates start from c.10% flat

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Funding Circle

One of the most recognised Peer to Peer Lenders. Their Platform matches creditworthy businesses with investors to provide their loan requirements. They have a quick turn around times and can lend up to up to £500,000. They can lend up to 5x a businesses Net Profit. Their decision making is a “toolbox” with its own

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Registrations

Connect will register you correctly with each of the Unsecured Business lenders utilising the AR’s individual FCA Number. Contact helpdesk@connectbrokers.co.uk We will generally require: Broker Name Company FCA Number Email Contact number Please note there are some providers that we need to utilise our central logins to give you access eg ESME Following registration, the

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