As an experienced peer to peer lender, Growth Street have helped businesses from across the UK to realise their true potential by offering a revolving credit facility that can be accessed at any time. They'll work with you to understand the purpose of your loan in order to help create an affordable repayment plan that works for your business.
These flexible loans can be used for just about any business purpose, offering working capital to help you overcome the day to day financial challenges that come with running a business. Whether you need a hand covering staff wages or simply need to purchase additional essential equipment, Growth Street can help.
If you find that your business is regularly issuing invoices to large companies then you can also take advantage of their loans which are secured against these invoices. Unlike traditional invoice factoring and discounting services, the invoices are used as collateral from reputable, creditworthy clients in order to improve your borrowing credentials.
Growth Street have embraced the technological evolution within the finance industry by incorporating cloud sharing of secured data and accounting software into their loan management platform. This has helped to significantly reduce the overall overheads of managing their customer accounts – a saving which is passed on via highly competitive borrowing rates.
They'll work with you to understand what securities are likely to be most beneficial to reduce any risk whilst allowing businesses to make changes to their repayment schedule and credit limit as time passes.
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