Small businesses have become the heartbeat of the UK economy. 5.6 million small businesses bring in a combined turnover of £2 trillion every year, making these SMEs the heartbeat of the UK economy.
Debt finance is one of the most common forms of finance for ambitious small businesses, and with banks no longer leading the way, this is where specialist lenders like Mercia can help. Whether you’re starting out or need a timely cash injection, we can offer loans from between £100,000 – £1 million to small businesses that demonstrate a good trading history and have an immediate cash flow requirement. These loans are from one to five years with no early repayment fees.
We want your small business to succeed, and with our experienced teams and local knowledge, there are very few situations that we haven’t advised on already.
There are many other options of start-up finance including grant funding and equity finance. Below are some companies who Mercia deal with: