Business Finance from Funding Options
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Why Choose Funding Options?
Funding Options is Europe’s biggest marketplace for business finance, helping companies like yours find the best option from across the whole market. Our Business Finance Specialists are on hand to help you through the process from start to finish, to make sure you find the right option for your situation
100% free and there's no obligation
Search over 70 lenders in minutes
Chosen by the British Business Bank and fully authroised by the FCA
How does it work?
Funding Options highly-rated service checks its panel of lenders to help you find options that suit your needs. It takes minutes, theres no obligation and its easy to use
Tell them how much you need to borrow and what it's for
They'll match your requirements with over 70 trusted providers
They'll help you apply to the lenders you choose
Frequently asked questions
Hire purchase allows you to buy equipment by paying instalments over time and once you've paid the instalments (including any interest), you'll own the asset. This means you'll own the equipment at the end, and are able resell later if you don't need them anymore or decide to upgrade.
Contract hire (also called leasing) is essentially a long-term rental of an asset (e.g machinery). This means you don't have to pay a large amount of cash upfront and you can often use the equipment right away.
As a farmer you can use assets (like commercial property, vehicles or machinery) to secure a loan, which is called a ‘secured business loan’. The value of these loans is based on the value of your assets, usually 80% of resale value. If you don’t make payments, the lender is entitled to sell your assets to get their money back.
Unsecured business loans don't require any security, the amount you can borrow depends on your turnover and the overall financial position of your farm. For example a lender may allow you to borrow the equivalent of 1-2 months’ turnover.
In short, yes. You can consider Invoice finance, a revolving credit facility or a short-term business loan to help you out when you are waiting for invoices to be paid
Auto Trader Limited is authorised and regulated by the Financial Conduct Authority in relation to consumer credit and insurance mediation activities. Our FCA firm number is 735711. Auto Trader introduces consumers to Funding Options. Funding Options is an independent credit broker who are authorised and regulated by the Financial Conduct Authority. Their FCA firm number is 727867.