Rangewell

Faq

Frequently asked questions

Have a question?

What does Rangewell do?

Rangewell helps every type of business find every type of finance. We do so in a quick, simple and transparent manner.

Our mission is to help UK businesses find, compare and apply for business finance in a easy and straightforward way as possible. The ability to apply for business finance in under 5 minutes means that applying for finance through our platform could not be easier.

Real Business Finance Experts work alongside our platform to help and support every application and are available every step of the way.

Why should I choose Rangewell to help me find business finance?

Rangewell combines the best of technology with real Business Finance Specialists who help and support each finance application.

We are committed to being

  • Independent - We are fully transparent and completely independent. We give businesses looking for finance the full facts in a clear and simple manner - putting them in control.
  • Impartial -We treat all lenders equally, ensuring you always know all the facts about all the deals.
  •  In-depth - We have comprehensively mapped over 300 business finance providers and 23,000 business finance products providing expertise that is unavailable elsewhere.
  •  In-person - Specialist Finance Experts support every transaction every step of the way.

What makes Rangewell unique?

Rangewell are unique

  • We are the only provider to comprehensively and independently map over 300 business finance lenders and 23,000 business finance products in the UK - so you don’t have to.
  • We have real Business Finance Experts working alongside our platform who help and support businesses every step of the way.

What kind of companies does Rangewell work with?

Rangewell works with all sizes and types of UK Limited Companies - from long established companies wanting to review their overall financing requirements and options right through to smaller companies looking at business finance for the first time.

Every company we work with is allocated a Business Finance Specialist to discuss their individual requirements.

What kind of business finance can Rangewell offer support with?

Rangewell can help businesses find, compare and apply for all types of Business Finance including

  • Asset Finance
  • Invoice Finance
  • Commercial Property Finance
  • Working Capital Requirements
  • Short Term Finance

Does Rangewell recommend some business finance providers over others?

No.

Rangewell never recommend one lender over others. We focus on helping provide businesses with as many alternatives as possible. You always get to choose which lender to work with. We treat both our clients and the lenders we work with equally and fairly.

What documentation do I need to provide for my loan?

Only basic information is needed to begin your application - which should not take more than 5 minutes. Depending on the type of finance you need lenders will potentially need to review your recent filed business accounts and business bank statements as well as carry out checks on your personal identification, credit status and business address.

Do you help startups?

Yes, we do. Although startup companies may have more difficulty finding funding without a full track record, we work closely with all of our clients in order to accomplish their goals.

Is Rangewell a lender?

No, Rangewell does not directly provide financing. Rangewell does however, provide you with the best tools and options for finding financing that fits your requirements.

How much does the service cost?

The use of the Rangewell platform is normally free to use for businesses (and their advisors) applying for financing. Under normal circumstances, we will not charge you any fees because we receive success fees from our agreements with lenders if you accept their offer of finance. This does not mean that you will be charged a higher rate from lenders. Occasionally where we are not paid by lenders (eg if they are lending under a government lending or grant scheme) or where there is significant extra work required we will jointly agree on a fee in writing and in advance.

Will I have to provide a personal guarantee?

Some lenders may require a personal guarantee, but this is determined on a case-by-case basis and they will always make it clear early in the loan application process if this is going to be the case.

Will you perform a credit check?

Rangewell do not perform credit checks, but many lenders do. Rangewell insist that they ask for your written permission before doing so. You will never be credit checked by lenders on our panel unless you have given explicit written consent to them.

What if I have bad credit?

Not to worry. There are many lenders willing to support your financial plans even with bad credit. Simply input your information as usual, and we will find the best lender for you.

How quickly will I get results?

After you input your details, you will usually have detailed results and introductions within 24 hours. Lenders will not approach you, or call you - you are in control of how to proceed at all times

I want to make a complaint

We want you to be completely satisfied with our service. If you’re not we want to hear about it.

Our aim is simply to

  • Make it easy for you to tell us the details of your complaint.
  • Give your complaint the attention it deserves and resolve it promptly to your satisfaction.

To make a complaint, you can either:

  • Email us at complaints@rangewell.com
  • Write to: The Complaints Department, Rangewell ltd, 1 Fore St, 1 Fore Street, London, EC2Y 9DT

Where do you operate?

We are based in London with local Business Finance Specialists based throughout the UK.

How do I get started?

Simply click “Apply now” at the top of this page and input your information.

You may also contact us at +44 (0)20 4525 5312 or contact@rangewell.com if you have any specific questions about our platform.