Small Business Funding – the Mercia Guide

Small Business Funding

Small business funding is a type funding supplied to small and medium-sized enterprises (SMEs), who are looking to further expand and grow their business. This means that the businesses’ revenue remains below a certain threshold, and businesses that exceed this amount are no longer eligible for SME funding.

Mercia is currently one of the leading investment companies when it comes to SMEs, investing between £100,000 and £1.0 million in growing and established SMEs across all sectors and all areas of the UK. At Mercia, businesses applying for SME funding typically have three years of trading history, with £100,000 current profit.

SME loans can be granted for a multitude of reasons, including but not limited to funding working capital, restructuring and hiring and funding acquisitions. Mercia specialises in the niche funding of management buyouts, with a focus on managing and sustaining cashflows, differentiating the company from other direct lenders who offer small business loans.

Getting Started – Next Steps

Perhaps if you are unsure of how to apply for an SME loan, you can head to Mercia’s website, where Chris Pestell can give you his best tips and guidance on how to ensure your application does not fall short. With over 30 years’ experience in liaising with companies seeking small business loans, he can teach you how to avoid poorly presented data and unrealistic forecasts – and all for free!

Mercia is an ideal firm to acquire your SME loans from, as they work alongside banks and other lenders to ensure debt finance can be provided for businesses with great ideas and a passion for innovation. Not only this, but by being a part of the wider finance community, both banks and alternative financial providers can look to the company if they are in need of securing further funding for clients.