HSBC Small Business Loans And Lending | Fleximize - Fleximize

HSBC Business Loans

Are HSBC business loans the right fit for your company, or should you look at alternatives?

By The Fleximize Team

Deciding what type of business funding works best for your SME is a tricky process. You need to think about whether you want to give away shares to investors, or whether you’d prefer to retain complete control of your business.

If you decide on a small business loan, it’s important to figure out how much you want to borrow, how long you need to repay it, and which lender would best suit you. With loads of options available from traditional lenders, such as HSBC business loans, it's crucial that you do your research before committing to a lender.

Business loans from HSBC

Here's a quick look at HSBC business loans:

Alternatives to HSBC business loans

While HSBC business banking offers a range of financial products for SMEs, the bank's lending criteria often means its financial support is difficult to access. For example, you may need to submit a detailed business plan, have a glowing credit score and be prepared to wait a few weeks for a lending decision.

If you've struggled to get funding from the bank, you might have more luck with non-traditional lenders. Combining expert underwriting with cutting-edge technology, many of these alternative finance companies can give you an initial decision in minutes and have the money in your account within a couple of days.

Alternative business lenders like Fleximize typically offer an approval process that’s designed to support smaller enterprises. They know it’s essential that SMEs get the money quickly so they can focus on building their businesses. And to make things less costly for small businesses, Fleximize doesn't charge any arrangement fees, nor does it penalize companies for early repayment. In fact, you'll only pay interest for the time that you have a loan, so you could actually save money by repaying early.

Better still, alternative lenders can be a lot more flexible than banks, both on terms and criteria. For example, Fleximize's business loans are available on a secured or unsecured basis, with flexible features built in as standard. Here are the key details:

Funding for all purposes

Instead of focusing too closely on past financial performance, Fleximize takes account of each company's current circumstances and future plans, with a view to saying 'yes' wherever possible. It can provide funding to companies in almost all sectors, and for practically any purpose. Here are just a few of the reasons that companies have applied for a loan with Fleximize:

  • Cash Flow
  • New contracts
  • Recruitment
  • Stock purchase
  • Business expansion
  • VAT payments
  • Corporation tax
  • Machinery
  • Training
  • PR & marketing
  • Renovation & refurbishment

  • Management buyouts / buy-ins

  • If you require funding for any of the above purposes, or simply want to discuss your options, a member of the Fleximize team will be happy to chat on 020 7100 0110. Ready to apply? Simply click the button below.

    Get started: Apply now