New Business Loans: Providing Startup Finance Options

Funding for every aspect of setting up, launching and running your new business

Loading

Current Terms Available

Flexible

  • No previous accounts required
  • Individual arrangements
  • Funding tailored to your busiess
  • Sector-specific funding

Affordable

  • Rates from 2% over base rate
  • Monthly repayments
  • Grants
  • Government-backed loans

Comprehensive

  • Asset finance
  • Invoice finance
  • Merchant Cash advance
  • Secured loans

Talk to Rangewell – the business finance experts

Lenders can make it difficult for new businesses to find funding. Without a trading history, lenders may demand high rates if they will lend at all. We know the lenders who will look at the future,not the past - and can provide the funding you need at a competitive rate.

If your business is a startup, or you’ve only been trading a few months, you already know that it is difficult to get the funding you need. Its future - and yours - could depend on getting finance now.

You can have the funds for your new business

There’s a problem. Many traditional lenders only lend to established businesses with years of audited accounts. Even the new breed of online business lenders usually want online accounts and VAT returns before they will consider an application.

At Rangewell, we can provide the solution. We can help you find lenders who are prepared to lend to new businesses – because we want your business to succeed.

Why won’t lenders lend to new businesses?

Lenders base their decisions on the risk that they will not be paid back. With a new business, with no trading history, they have no evidence that they will be repaid; they see the risk as too high and will not lend to you. It’s a big problem – but we can work with you to find the solution that will help you get your business up and running.

Secured Loans for new businesses

At Rangewell we know ways to help new businesses access the funding they need. One is to recommend a Secured Loan. Putting up assets, such as property, as ‘security’ means that the lender has a right to take them if your business is unable to make the repayments. This reduces the risk to the lender, making it more likely that they will be able to offer you the funds you need.

We also know which lenders are able to take a broader view - look at your experience running other businesses in a similar sector for example -  and are most receptive to new business applications.

Other types of loan for a new business

We don’t stop there. We can help you find other types of startup finance to help your business succeed.

These include various types of Asset Finance, which can be a cost-effective way to spread the cost of the equipment you must have to work.

We can also find solutions to help you with cashflow issues such as Invoice Finance or Merchant Cash Advance.

Government-backed Startup Loans

Government-supported start-up loans are available for entrepreneurs looking to start a business. The scheme is designed for individuals over the age of 18 who have a viable business plan, but no access to finance. Call us to see how we can help you secure the funding you need.

Why you need Rangewell to find the finance arrangements that are right for you

We know that there are many kinds of business finance available for new businesses – but you need our expert help to find the funding that is right for your business.

At Rangewell, our team of business funding experts work across the entire UK funding market. We want to put our expertise to work to ensure your business can succeed. That means we work to understand your business, help you identify the type of funding you really need, and then search the entire market to secure the most competitive deal.

REAL EXAMPLES OF WHAT WE CAN DO

  • Find HP funding for basic equipment – including hand tool

  • Source lease agreements for equipment from multiple suppliers in a single payment

  • Help set up the most appropriate finance arrangements for vehicles

  • Help set up funding secured on assets of all kinds – both business and personal

  • Find innovative solutions to help new businesses secure cash flow – such as Invoice Finance

Finding the finance you need

Whatever the kind of lending your new business needs, at Rangewell, we want to help. We have a simple 2-step plan.

Step 1 Your first step should be to prepare a business plan, with a forecast profit and loss, your balance sheet and your cashflow. This will show how much funding you need and help lenders or investors understand your business.

Step 2 We’ll help you use your business plan as a tool to help secure the funding you need. Because we work across the entire UK lending market, we know which lenders to approach.

To find out more about how Rangewell can help your new business secure funding, call us now.

Getting the funding to start up on your own can be the most difficult part of starting your business, but Rangewell can help.
I was new to business, but I knew I needed funding. I also knew that Rangewell could help, every step of the way.
I wanted to start a mobile car repair business. I had the skills and experience, but not the finance. Rangewell helped me find it.

Helping you build your profits

Funding to suit new business plans

At Rangewell, we work to support all kinds of new business. Our experience means we understand the challenges new businesses face. It also means we know the solutions, and can work with you to find funding solutions designed around your business plans.

Our funding expertise supports you

At Rangewell, we understand all types of business funding and have mapped thousands of funding products from hundreds of suppliers. We know the lenders that are most sympathetic to new businesses and we can help you make an application with the best chance of being approved.

Tailored funding

At Rangewell we believe you need a tailored funding package, with different types of lending for specific purposes. Because we cover the entire business lending market, we can help you find the funding for each aspect of your business plans.

Expertise in your sector

Our team of business finance experts includes people who have worked in your sector. That means we can offer personal experience of the challenges you face, and of the ways to meet your needs.

Government-backed funding

Government start-up loans could offer the funding you need. At Rangewell, our expertise can help you secure the funding that is most appropriate for your business.

Scaleable funding

Your new business can grow quickly.  Having the right, flexible funding that could grow with you could ensure that you can make the most of the potential.

Download Rangewell’s free and detailed guide to business lending

Rangewell Ebook -  Download Rangewell’s free and detailed guide to business lending
  • What kinds of business funding are there?
  • Why you must find the right lender to cut costs
  • The downsides of borrowing
  • What paperwork will you need?
  • Guarantees and security
  • Key Terms to check
  • Small business finance - a start up loan to fit your business plan with a competitive interest rate

  • Borrow money with confidence - we are transparent, we support you through the application process and discuss every aspect of your journey

A long-term commitment

A funding package will mean a long-term commitment, with ongoing monthly repayments.

You may need to repay if you sell

If you sell your business, you will need to repay your funding.

A personal liability

Loans will be secured on your existing practice, but you may be personally responsible for their repayment.

Our service is...

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

In-person

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.