Business loans and funding for women
The rapidly increasing number of female entrepreneurs in the UK has meant that more women are searching for capital to fund or grow their businesses. However, without accessible funding, many business owners might find that growth and success will take considerably longer to achieve.
The traditional lending options, such as bank loans and grants for women, can be difficult to obtain and come with numerous checks, such as needing a detailed business plan as well as a perfect credit score in order to meet their criteria for acceptance: only one in ten small businesses are accepted.
These types of finance usually come with rigid repayment options, high APR, fees and hidden charges, sometimes even requiring collateral such as a lien on the borrower’s property or valuable assets.
Liberis offers a flexible funding solution for women in business, free from the disadvantages of traditional lending.
Business finance solution for women
Unlike traditional loans an Unsecured Business Cash Advance does not require any collateral, meaning you can rest easy knowing that your house and assets are safe.
Our Business Cash Advance is perfect for women in small businesses as it has all the benefits of a business loan without any of the drawbacks. You will not encounter hidden charges or fees. Ever.
Your cash advance is repaid through a simple, cost-per-transaction system, meaning you only pay us back when your business generates revenue through card payments.
Here are a few more reasons why a Liberis business cash advance is suited to female entrepreneurs:
- One clear cost, agreed up front
- No fixed repayment schedule
- No late payments – and no late payment charges or any other extra costs
- Repayment mirrors your cash flow, making it ideal for seasonal businesses
- You keep 100% of your cash income
- No fees, hidden charges or penalties.
What is the eligibility for a cash advance?
To be eligible for funding of this type it is only required that you have been trading for over four months, accept card payments through a terminal and take an average of more than £2,500 a month via card transactions.