We can find your Business the loan it requires!
Our Director Neil is an experienced Business Loans specialist living in Wigan.
As Business loan specialists it is our role to help Businesses understand the complexities of this type of funding product. If your business is based in Wigan we can help you with a Business Loan.
Different Types of Business Loans
There are four main types of business loans that you’ll be able to choose from. These are:
Secured Business Loan –This is where your loan is secured against something in case the loan is not paid. This can be secured against whatever is business purchased or a personal guarantee, including putting your own home up as a security option against your loan. These generally allow you to borrow larger amounts of money, but it is worth considering that whatever you put up for security will be lost if you don’t keep up your repayments.
Unsecured Business Loan – This allows you to take out a loan from a bank, building society or lender. The loan is unsecured but the amount you can borrow and the interest rate you pay back at will depend on your credit score and the creditworthiness of your business.
Peer-to-Peer Lending – This allows you to join a peer-to-peer platform and borrow from individuals that have signed up the platform to offer the facility. There can be some restrictions on this, so you do need to do some research and ensure it is the best thing for you.
Why use a broker?
As experienced brokers in the Wigan area we are able to offer a wide range of solutions.
In comparison to some traditional brokers we are experts in our field and we look to obtain the best terms for all our Clients.
The best thing about working with us is that we do not charge any fees. This means there is absolutely no cost to your business.
We work with a panel of over 300 UK lenders. Our vast panel of lenders means we can source all types of facilities nationwide.
With so many Banks and Independent lenders competing for your business, it can be difficult to know where to start. All Star Funding Solutions are able to advise and negotiate the best rates on behalf of your business.
We know the market and can save you time and money sourcing your next lender.
All Star Funding Solutions Ltd is an Independent Commercial Finance broker and not a lender. We are based in Manchester but have a nationwide coverage.
As we are independent we can offer the best impartial Invoice Finance quote tailored to your business needs.
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Finally as members of the Financial Intermediary and Broker Association you can be assured of a great service.
Additionally some of our specialist areas of Finance are:
Asset Based Lending • Asset Finance • Business Loans • Cashflow Finance • Factoring • Invoice Discounting • Single Invoice Finance • Trade Finance • Stock Finance • Credit Insurance