Short Term Business Loans

Table of Contents

*Rates and fees may need to be reviewed to reflect current market conditions.

Welcome to Fast Forward Finance

Fast Forward Finance is an influential business loans brokerage in the UK. Our business is designed to help you find the most appropriate short-term finance solution for your company. We partner only with the most reliable, responsible lenders who understand business dynamics and know how important it is for businesses to get access to capital when they need it. Our support team of experts are ready to advise and answer any questions you may have when planning your financing project. If your business can make do with a short-term business loan, get in touch with us to discuss your business loan needs and explore options.

A Trusted Capital Source for over Xnumber of Businesses

At Fast Forward Finance, we help companies across the UK find the right short-term funding for their businesses. Working with hundreds of lenders and exploring a broad spectrum of financing options, we have helped our customers find cash-flow loans, invoice financing deals, development financing, equipment loans and even property loans. This has made Fast Forward Finance one of the trusted sources of business finance in the UK.
We can work with your business to plan a suitable loan package when you need one. Get in touch to discuss further.

Proudly Located in LOCATIONXXX

Fast Forward Finance is an independent, LOCATIONXXX based business loan broker. Because of our expertise and industry experience, we are in a good place to find the right lenders and reasonable rates to suit your situation.

Lenders tend to accept more loans applications from specialist brokers such as ourselves, making Fast Forward Finance an ideal solution for short-term business loans in LOCATIONXXX.

A Proven Track Record

Fast Forward Financing has supported many companies with their finance needs ranging from businesses in the retail industry to hotels, property and manufacturing. This has helped us establish a proven track record as business loans solutions providers in the region.

Our business loan brokerage endeavours to come packed with flexible features to suit your particular needs: approval and financing in as little as 48 hours, fast and easy application with minimal paperwork, repayment over a flexible duration, and exclusive deals on industry-leading services. Contact us to find out more.

Our Business Finance Specialist Team

At Fast Forward Finance, our business loan specialist team have more than sufficient experience and expertise to help businesses in their search for a suitable short-term loan.

Not only do our team have a combined industry experience of more than XXX years, they have also partnered up with top lenders to help businesses secure sustainable business financing solutions that work for them easily.

If you are in the market for a short-term business loan, let our team of specialists search for a suitable loan package for you and connect you with the right lender in minutes, mostly without a credit check and definitely without any hidden fees.

Finance that fits your Specific Business Needs

Maintain your competitive edge and stay ahead with a business funding plan that fits your business needs. Here at Fast Forward Finance, we appreciate all the everyday obstacles businesses face, which is why we try to make things as easy and as hassle-free as possible for our clients.

Simply applying for any loan may not be the ideal solution for you. It is important that you use a loan plan that is custom made for your business. This way, you can be sure that the loan will work for you and that you are well prepared to meet your repayment needs.

Here at Fast Forward Finance, we strive to look for and arrange a loan that is tailor-made just for your business alone. With financing available from £XXX to £XXX, Fast Forward Finance endeavours to handle the finance needs of businesses of all sizes.

What is a Short-term Business Loan?

A short-term business loan is a lending facility that is expected to be repaid in a short time, usually between a few months to two years. This form of financing is much more flexible and simpler to execute as the complexities of traditional loans are taken away because of the shorter loan terms.

A short-term business loan can be a perfect option for companies needing a fast cash infusion, whether for refurbishments, buying inventory, managing cash flow or investing in new growth plans.

Whatever your reason for needing a short-term loan, we may be able to arrange something for you. Why not get in touch to talk more about your needs?

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How can a Short-term Loan help your Business?

Everyone knows that one of the reasons for business failure is insufficient capital. In fact, 2 in every 5 businesses fail because they don’t have enough funds to handle their business needs.

A short-term loan can make it possible for your business to maintain its competitive advantage in the marketplace. When you have enough cash to handle your everyday transactions, your business can be at the right place at the right time to take advantage of business opportunities.

When you need to deal with extra payments or handle unforeseen expenses, a short-term business loan will give you financial help so that you can focus on working towards achieving your business goals.

Types of Short-Term Loans we offer

Cash-flow Business Loans

A cash-flow loan is a type of unsecured business financing used to help companies control their cash flow, fund their day-to-day operations and finance short-term business projects. A cash-flow loan, much like a working capital loan, helps companies cover their daily costs and operations.

Unlike other funding options, our lenders providing cash-flow loans are more focused on business results and less on credit score, which means that many more companies will apply and get finance.

Tax Business Loans

Each business is responsible for paying its tax bill; however, this can happen at inconvenient times. When a company cannot meet its tax responsibility, a business tax loan is a perfect way to spread the tax expenses into manageable monthly repayments.

Our lenders are experienced in providing loans ranging from £XXX to £XXX, so you can be sure there is a business tax loan that will cover your bill’s expense. You will be able to access the most affordable loans deals on the market by applying via our website, with low interest rates and easy to afford repayments.

VAT Business Loans

VAT liabilities can be spread over a period of 3-12 months. When your VAT demand is due, a VAT loan from our lenders can help you meet your payment while spreading the cost into manageable monthly repayments.

At Fast Forward Finance, we provide tailor-made financing facilities for companies to use for VAT liabilities. With the facilities at our disposal, you can complete your initial application in as little as 24 hours.

If you have a pending VAT payment that you don’t know how to meet, discuss you needs with us on PHONEXXX or EMAILXXX. Let us help you work out a suitable solution.

Equipment Business Loans

Equipment loans help you buy or repair the essential equipment your business uses for its operations. Usually, the loan term is aligned with the equipment’s projected life period, and the equipment acts as collateral for the loan. Rates likely depend on the equipment’s value and the viability of your business.

Property Business Loans

At Fast Forward Finance, we work with our partner lenders in the industry to provide reasonable property business loans to facilitate the purchase, renovation or refinancing of business property.

Our loans can be used to handle property projects used by your business or a property investment that is expected to bring in returns, such as a buy-to-let property.

You not only keep ownership of your business and your business premises but also enjoy improved cash flow and, if the lender agrees, you can even rent out part of the property to make extra income.

The property business loans issued by our lenders provide lower monthly payments with usually lower interest rates than other unsecured loans and can be fixed to help you handle and predict your finances more accurately.

Development Business Loans

A development loan is a short-term loan advanced to buy land or buildings that need construction. The appropriate funds will be distributed in stages or drawdown payments upon completion of work stages decided in advance.

This form of loan is used by developers for the construction, conversion or renovation of any size of property or development. Our lenders provide financing options specifically tailored to business growth.

Invoice Financing

Do you have lots of pending customer invoices? You can convert this to instant cash that can help you solve pressing cash-flow problems in your business.

Invoice financing may be able to help you access up to 95% of the cash in your unpaid invoices. This is perfect if you get through a sudden large contract or need to replace inventory.

Your account receivables are used as security for this loans and you can agree with the lender on who will bear the responsibility of the owed invoices going forward.

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Asset Finance

A flexible approach to financing, asset financing allows your company access to the equipment, technologies, vehicles and tools it requires to operate and develop, without losing cash flow.

Here at Fast Forward Finance, we may be able to arrange attractive asset financing options for your business, in most cases, even when you have a less than impressive credit rating.

Of course, our lenders may want to hold the deeds to these assets to use as security against the loan, but you will have the assets you need to work and not suffer from interrupted operations.

Business Lines of credit

A business line of credit is a kind of lending agreement where a company can borrow money from a company lender. Drawing the funds can be achieved all at once or in tranches, as the funds are needed until the maximum loan amount is reached.

A line of credit is perfect for businesses that do not exactly know the total amount they need for projects but want an open source of funds that they can withdraw from as they need and not pay interest on funds they did not use.

With Fast Forward Financing, you may be able to access a line of credit for any business-related needs, whether expanding your business, filling in cash-flow gaps, or purchasing inventory or equipment.

Business Loans of up to £50,000

Access loans up to £50,000 for your business, quickly and easily with our £50,000 loan products at Fast Forward Finance. Whether it’s suppliers who need payment, inventory, or equipment leasing, get the working capital you need to run your company. As long as you can meet the lender’s criteria for loans of the amount, you qualify to apply for a no-early repayment loan of 50K with reasonable rates. Find out how today.

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Business Loans of up to £100,000

Growing a business requires capital, but where this capital is not readily available in the company’s coffers, a 100K business loan may be the solution you need to keep things afloat and grow.

Our lender panel is prepared to provide up to 100,000 in finance to qualified businesses. You can use the loan to buy inventory and equipment, hire staff, launch products or invest in technology research.

Large Business Loans

A large business loan will help your company grow and develop significantly, whether you need a new office or are trying to buy out another small business. However, you’ll probably need to have been in business for a couple of years to qualify, and lenders will probably want your company to bring in at least XXX a year to make sure you can repay the loan.

Fast Forward Financing may be able to help source large loans for you. We work with clients from a wide variety of industries and have been successful in getting them the large loans they need to turn their businesses around.

Unsecured Business Loans

Although business loans are typically always secured against properties, unsecured business loans can be structured without any such collateral.

This makes it an easy and flexible type of business financing that fits the bill for businesses that don’t own a lot of assets, or where the assets are already protected against finance. However, businesses applying for unsecured loans must have a good credit score and may need to meet a few other requirements put in place by the lender.

Fast Forward Finance can work with you to find unsecured loans that are right for you and your business. You will profit from our staff’s abundance of business experience.

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No-credit-check Business Loans

IF your business has a less than ideal credit score or is too young to have any credit rating, our partner lenders may be able to offer financing options. Many of our lenders do not use credit ratings as a factor at all, relying instead on the business results and the amount of revenue that comes in.

We can also link businesses without credit to lenders who provide either asset financing or invoice factoring, two types of loans that do not first require credit checks.

What are the Advantages of a Short-term Business Loan?

Shorter Time for Incurring Interest

Usually, the more you owe the lender, the more interest you’ll pay. For a short-term loan, though, you can pay back all of it over a shorter time which also ensures you pay less interest. You’ll also be saving some money even though the interest rate is typically higher than long-term loans.

Quick Funding Time

Short-term business loans are becoming increasingly faster to execute than conventional loans. If your loan application is approved, you can get most of the short-term business loans within 24 to 72 hours. A short-term loan does not require the same close scrutiny as your traditional term loan, which makes processing quicker.

Easier to Acquire

Most short-term business loans have surprisingly high approval ratings as opposed to more traditional business financing options. Even if you have a small or poor credit history in your company, you may likely qualify for a short-term loan.

What are the Disadvantages of Short-term Business Loans?

They are high-cost loans –

Short-term loans usually attract high interest rates and high monthly payments. Since you are repaying the main debt over a shorter period of time, you end up spending a large sum of money per month relative to what you would pay if you are servicing a long-term loan.

Potential of a negative effect on credit report –

One way to build up your business credit score is to make use of a short-term loan. But if you can’t repay the loan on the scheduled date then the consequences are massive. The new debt to income ratio along with the new loan’s high cost would cause a dramatic drop in your credit rating, and this could make you lose funding opportunities in the future.

Loss of property –

When your loan is secured and you default, the security can be taken by the loan provider, which means you can lose personal or even business property.

You’ll have to make frequent payments –

The fact that most of these loans require very regular payments is a notable downside to applying for a short-term commercial loan. Some of those loans need payments weekly, or even daily, and this can be a huge problem for businesses that do not make daily or weekly income.

How Does a Fast Forward Finance Short-term Loan work?

Unlike a conventional bank loan that is typically repaid over many years, a short-term loan is intended to be repaid within a few months, typically between 3 and 24 months. You negotiate with an amount that you can afford to borrow with our lender, including the interest rate and the total sum that you are supposed to pay back. If your loan is approved after you have met the lender’s criteria, funding takes place in a short time. Because of the nature of the loan, you must be sure that your business has what it takes to repay the loan within the stipulated time, otherwise your business assets may be at risk. Call PHONEXXX today to find out the best short-term business loan for your business needs.

What are the Eligibility Criteria for a Short-term Business Loan?

To apply for a short-term loan, you must meet the criteria set by the lender. Common eligibility criteria for short-term loans include:

  • Your business must be registered and operational in the UK.
  • Your business must have operated for the minimum period, usually 6 months to 3 years.
  • Your current debt profile (if any), will not affect your loan repayment.
  • Your business records and books must be comprehensive and up to date.
  • You must have sufficient equity in the security to be used for the loan if you are seeking a secured short-term loan.
  • You must have a good credit rating if your business is seeking an unsecured short-term loan.

What’s the Typical Interest Rate for a Short-term Business Loan?

The average interest rate on a short-term business loan varies from XXX% to XXX%. Having said that, interest rates can differ across lenders and can depend a lot on the length of the loan and your unique business situation.

Short-term Business Loan Calculator

Our short-term loan calculator is a good way to get an idea of what applying for a short-term business loan will cost your company.

This easy-to-use calculator accounts for the primary factors affecting payments, such as loan amount, interest rate, loan length, and additional fees.

Some of the Sectors we lend to:

  • Retail businesses
  • Bars and restaurants
  • Hotels and B&Bs
  • Hair and beauty salons
  • Dentists and opticians
  • Vets
  • Auto garages and MOT centres

How does the Application Process for a Short-term Business Loan work?

Initial Application

The first step is to submit an online application for a short-term business loan. A member of our business loans team will get right on the case once you submit your application and will contact you within an hour to discuss the proposal.

Underwriting

Underwriting is the mechanism through which our lenders evaluate a company’s creditworthiness to see whether it qualifies for one of its loans. Thankfully, at Fast Forward Finance, we aim to make this a process that focuses more on your viability as a business than the other factors banks use. This means that you can count on us for fair decisions.

Offer

If our lender is confident of your creditworthiness, they will make you an offer via Fast Forward Finance. The offer will contain provisions relating to repayments and interest.

Contract Signing

The relevant contracts will be forwarded to you to sign. We endeavour to work with you all through the process to ensure that everything checks out properly.

Funding

Once everything is in place, the funds approved will be credited to your business account so that you can get on with your business.

What can you use a Short-term Business Loan for?

There are so many ways you can spend money from a short-term business loan. For example, you can use the money on new premises, or to renovate the existing one. You can buy stock by bulk to see you through a rush of seasons. You can invest in a company vehicle to ease logistics hassles. It’s also an opportunity to hire new employees or to provide more training for any current staff. Short-term business loans can also see you through times of financial difficulty, and when cash flow is minimal, keep your company booming.

Benefits from Fast Forward Finance’s Short-Term Lending

Manage your Cash Flow

A short-term business loan is a good option for companies that need a financing line but don’t want to repay the debt over a number of years. If late payments often put your company’s cash flow under pressure, having access to a stable short-term loan facility will make all the difference.

Refresh your Inventory

Updating your inventory ahead of a busy Christmas season can be a smart business decision, but it may not be possible to do this when you are short on funds. A short-term loan will provide the working capital you need to replenish your inventory and fulfil customer demand.

Bridge Receivables

A short-term business loan is perfect as a supplement to existing financial systems and appropriate for short-term investments. Common reasons for short-term finance borrowing include bridging receivables.

Renovate your Location

A short-term business loan provides an ideal financing option for both new and existing companies. You can spend the money on new premises, or renovate the existing one.

Why Choose Fast Forward Finance for a Short-term Business Loan?

Unsecured Loans Available

We strive to make short-term loans at Fast Forward Finance available in the form of unsecured loans for qualified borrowers.

If your business does not have assets to qualify for a secured loan, get in touch with us to explore the unsecured loan options open to you.

No Early Repayment Fees

A short-term loan provides flexible finance for the short term. Because it’s flexible, you can pay it back early because most bridging loans providers don’t charge a refund fee.

All our lenders at Fast Forward Finance don’t charge an early repayment fee. This means you can repay the loan in full before the lending period expires without incurring penalties.

Flexible or Fixed-term Payments

Unlike a conventional loan, Fast Forward Finance’s structured loans are frequently paid back in very small amounts; you can choose whether you want it to be every day, or every week. Once agreed upon, repayments are fully automatic, so that you don’t have to do anything further.

Fast Funding

Applying online and getting the funding you need is fast and convenient. Our application process takes only five minutes to complete and will have no effect on your credit score. Once your loan application is approved, you can get the funds you need within hours.

Fair Decisions

We aim to be consistently serious about lending responsibly, even though we are fast. We try to use our common-sense approach to make fair decisions based on the overall success of your company and not just your credit score, without strict requirements, and without constant paperwork.

We’re Easy to Work With

Our business finance brokers strive to be always honest, knowledgeable and easy to talk to – and best of all, our employees endeavour to be available at any time of the day or night to discuss your options, depending on your own busy schedule.

Stellar Customer Service

Service and reputation mean everything to us, and we endeavour to be focussed on building long-term partnerships by going beyond what you’d expect from a traditional financial broker.

Transparency Every Step of the Way

We always aim to provide you with an accurate, equal and clear funding solution which is tailored to your needs. No long applications, and endlessly jumping through hoops to secure the funding your company needs.

Dedicated Account Executives

If you need to speak to someone, you will have a dedicated account executive to contact directly. They always try to understand the company, the problems you are facing, and the world in which you are operating.

How to Apply Online for one of our Short-term Business Loans

The first step is to register and apply on our website. You may be required to upload supporting documents that will help us to understand your business better. The online application process is simple and hassle-free and should be completed in just a short time. Once your application has been received, we perform a fact-finding exercise on the applicant to assess the circumstances of their staff and jobs.

We then ask for information about your business, evaluate its feasibility and ask for evidence to support it. If all checks out, we can source a lender and can approach them for a deal. Once this phase is complete, you may be given a conditional deal. This is not binding and depends on the conditions specified by the lender or their solicitor. The application for completion shall then be forwarded to the applicants. You can decide to accept or decline the deal.

If you decide to go ahead, finalisation and release of funds will occur, as long as everything checks out and you meet the conditions of the lender.

Simple Qualifications

There is no drawn-out and daunting application process when you use our service and there is no need to put your house on the line to apply – just an easy application you can complete 100% online, in as little as 5 minutes.

Easy Application Requirements

Our minimum lending criteria are that the company has had to run for at least XXX and produce sales of at least XXX a year. All businesses that meet those requirements can apply and we try to always evaluate short-term loans on a case-by-case basis.

Super-fast Approvals

Loan approvals are super-fast, and when the administration process is handled properly, especially by a professional broker such as Fast Forward Finance, you can expect quick approvals that ensure that funds can be accessed quickly and precisely when necessary.

Want to Check your Eligibility Before you Apply?

Conditions for eligibility can vary between borrowers and loan amounts, so it is best to verify before applying that you meet them. Check today to see whether you qualify to apply.

Still have Questions?

Please fill out our inquiry form to discuss your loan requirements, ask a question or simply speak about your business financing needs.