Accredo now offer secured commercial loans of up to £1.5M

PwC’s economic predictions suggest this year will mark a turning point for the UK as we move past the challenges posed by the pandemic and businesses consider their growth plans.

Accredo has always been committed to supporting limited companies with secured business loans for any commercial purpose, and in anticipation of a promising year ahead, we are excited to announce that we now provide loans of up to £1,500,000 to eligible borrowers.

By increasing our maximum loan offering to £1,500,000, we’re giving businesses greater financial flexibility and the means to pursue their goals. Products such as our multi-drawdown facility offer flexibility for a variety of funding needs, ensuring we effectively address the diverse challenges and objectives that different businesses encounter.

Moreover, our flexibility commitment extends to our repayment options. We offer customised repayment schedules that align with the cash flow of your client's businesses, guaranteeing that loan repayments remain manageable and do not hinder growth ambitions.

Our repayment terms span from 3 months to 10 years, with fixed interest rates.   We offer fixed repayments or flexible terms such as seasonal payments, deferred payments and interest-only to suit the borrower's plans and needs.

Whether your client’s company is looking to fuel expansion initiatives, facilitate a management buyout (MBO), consolidate existing debts or fund a new venture, our secured loans can be tailored to fit each unique requirement.

With a maximum loan amount of £1,500,000, contacting Accredo should always be a consideration for non-standard or complex credit profiles. Simply access our bespoke digital portal, submit a proposal for your client and you’ll typically receive a decision from our underwriters in one working hour.

At Accredo, we are committed to propelling business forward, and we are excited to be part of your client’s growth story in the coming year and beyond.

References: PWC