Why choose a Professional Loan from Catalyst?
If you are looking to fund your professional indemnity premium, practice certificates or simply need some additional working capital then our Professional loans product can help. With interest rates from 1.5% per month with simple and affordable repayments with a maximum of a 12 month term. Catalyst's Professionals Loans are ideal for those looking for short term funding, quickly.
We operate a fast, light touch application process for our loan products.
- Loans are available for a maximum 12 month term
- Available for businesses with 1 year of trading
- Minimum lend of £25,000 with maximum of £100,000
The types of businesses we accept:
- Limited companies and LLPs
Security we require:
- Personal Guarantee from at least one director who must be a UK homeowner
Information we need:
- 1 year full trading accounts and the business must be profitable
- 3 months bank statements
- No adverse activity
- Up-to-date HMRC
- Latest Management Information
- List of creditors and debtors
- Weekly or monthly direct debit repayments
Why choose Catalyst Finance?
- No hidden fees
- We’ll happily work alongside other providers, complementing your existing arrangements.
- We review each business on an individual basis – so the funding suits you.
- We’re real people, not computers! We’ll get to know your business so we can provide the best funding option for you, at the right price.
What sets us apart from other business finance companies is our understanding of the challenges faced by SMEs. As business owners we know what running a business is all about, that’s why we have made all our products as simple and easy to use as possible. From financing a single invoice to multiple invoices, our aim is to help you achieve the funding you need quickly.
How quickly can I have access to the loan?
If all the information is supplied quickly and is in order then funds can be available within 48 hours. (subject to terms and conditions)