Our 'No Nonsense' Criteria List

In this industry, you don’t need us to tell you how busy it can get. That’s why we know you simply don’t have the time to be reading in-between the lines of lending criteria, especially when you want to help your client get the funding they need and quickly.

That’s why we wanted to provide you with an easy to view list of the types of deals that we can support. As is the way with how we work, it really is quite simple… if your client meets our initial criteria (listed below) we then have the flexibility to start structuring a facility that can be highly tailored to the client’s needs.

In a nutshell:

  • Catalyst is a secured, short term, cash flow solutions provider.
  • We offer facilities starting at £50k to £1m with our sweet spot being £250k to £750k.
  • The term offered is between 3 months and 12 months. We can offer a term of less than 3 months but it may attract a minimum fee.
  • We can transact in within one week, irrelevant of size of transaction, but we have, when needed, generated funds within as little as 48 hours
  • We can work collaboratively with other lenders to ensure your client

 

Minimum Criteria for Commercial Business Loans & Revolving Credit Facilities:

We love to fund SMEs and ideally we’d like to help them all, however we do have some basic underwriting criteria which will need to be met to ensure a deal can be completed.

  • Directors need to be UK Homeowners
  • Business needs to be trading for more than 2 years
  • Security in the form of debentures and/or PGs will be asked for
  • The business needs to be a LTD, we cannot fund Sole traders or partnerships
  • The business needs to be profitable
  • Proof of repayment is required

 

Supporting documentation at application stage:

  • Fully completed application form
  • Last 3 months bank statements (more may be requested)
  • Photographic ID (DL/Passport)
  • Up-to-date financials

 

For our Confirmed Order and Selective Invoice Finance facilities, the client needs to meet the following criteria:

*Please note we do not offer full/whole turnover Invoice Finance facilities*

  • Directors need to be UK Homeowners
  • Business can be a new start but they need to have an evidenced confirmed/purchase order or have a B2B invoice(s) due
  • Security in the form of debentures and/or PGs will be asked for
  • The business needs to be a LTD, LLP or PLC (partnerships accepted in certain scenarios)
  • Business needs to have at least £25,000 outstanding on an invoice or minimum value of a £25,000 in a confirmed order / purchase order or a confirmed rebate (i.e. from HMRC, Government grant etc)

Supporting documentation at application stage:

  • Fully completed application form
  • Last 3 months bank statements (more may be requested)
  • Photographic ID
  • Up-to-date financials

 The industries we can’t fund include:

  • Single debtor or pay when paid construction
  • Renewable Energy
  • Permanent Recruitment (pay when paid)

 

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