Name: Florist Business Loans
Brand: Fleximize
Rating: 5 (1025 reviews)

Florist business loans

The UK is home to over 12,000 floristry businesses employing almost 19,000 people. The industry as a whole is worth £1 billion in the UK today, having blossomed over the last year by 10%. With flowers being a favoured gift option for occasions like birthdays and anniversaries and not a necessity, floristry businesses are susceptible to sharp rises and falls in demand.

A fast cash injection from Fleximize could help to grow your floristry business, so read on to find out what our flexible loans can be used for. You’ll also find out how they work and whether you’re eligible to apply.

Flexible finance

Borrow £5,000 to £500,000

3 to 60 month terms

1st class customer support

Apply online

Get a decision

Receive your funds

Opportunities for florists

Despite local florists feeling the impact of competition from supermarkets, who can sell their flowers at a competitive price, more opportunities have arisen. These include providing a local delivery service, hosting floral workshops, and offering a subscription or gifting service to corporate companies. As a result, the industry has seen the online flower market grow by 20% over the past five years.

As well as gifting occasions like birthdays and anniversaries, weddings and funerals are additional revenue streams which can provide florist businesses with growth opportunities. Like businesses across other sectors, florists need to maintain a steady cash flow. According to research from the Federation of Small Businesses, the closure of around 50,000 small businesses a year is directly attributed to late payments. For florists with a fluctuating cash flow, a series of late payments (for a large flower order with longer payment terms, for example) may require a short-term, flexible funding solution.

Some businesses are able to solve their cash flow gap with a loan from their bank, or an overdraft facility for the short term. Still, with strict lending criteria for businesses, this can often take weeks or even months to organise. We understand that you need to react quickly to fluctuations in revenue or a sudden change in demand, so we offer fast, flexible funding to cater for your floristry business needs.

Apply for florist finance

Florist business loans from Fleximize

By working closely with you, we can find a product tailored to you so that your business can bloom to its full potential. Unsecured and secured options are available on both our Flexiloan and Flexiloan Lite, which you can read more about on our business loans page.

Our flexible funding is an alternative to traditional lenders and is fast, with the money deposited in your account in as little as 24 hours. Here’s an arrangement of some of the highlights:

Floristry loans range from £5,000 – £500,000.
Flexible repayment terms of 3 – 60 months.
Applying only takes minutes, and includes minimal paperwork
You could get your application approved and the funds deposited in your account in as little as 24 hours.
We’re very transparent, so all fees will be made aware to you from the beginning. There are also no penalties for paying early.
Interest is charged on a reducing balance, not the total loan amount.
Repayment holidays and top-ups are available with all floristry loans.
You’ll get access to exclusive discounts on industry-leading business services.

We don’t apply the rigid criteria that banks tend to, and look at the bigger picture when deciding on your application, so don’t worry if you have minor blemishes to your credit history. If you've been trading for six months or more and can show us a healthy revenue stream, we'd happily consider you for funding.

What can florist financing be used for

Whether you're looking to expand your premises or simply purchase stock in advance of a busy period, we can provide funding for a variety of purposes. For example, you may use the funding to increase marketing and advertising which will mean you'll need to purchase more stock and perhaps also delivery vehicles to cope with the anticipated rise in demand. Your florist finance could also be used to spruce up your business by renovating or expanding your premises and hiring another skilled professional. It also acts as a cash flow boost to get you through those quieter times.

Check your eligibility for a florist loan

Our loan criteria is flexible enough to accommodate your floristry business because we understand that all businesses experience revenue fluctuations from time to time. We still have a few requirements for all applicants here below though:

We offer florist finance to UK businesses registered with Companies House, and sole traders and partnerships applying for over £25,000.
Your floristry business must have been trading for at least six months and have a minimum monthly turnover of £5,000.
Businesses in England and Wales can apply for a floristry business loan of up to £500,000. This can be provided on a secured or unsecured basis, depending on how much you want to borrow and over what term.
Floristry businesses in Northern Ireland and Scotland can apply for unsecured loans of up to £250,000.
For non-homeowners, we can offer funding up to a maximum of £20,000.

Loved by our customers

How much does a florist business loan cost?

Interest rates on our loans start from 0.9% per month. And thanks to our Penalty-Free Promise, you can repay early to save on the amount of interest you owe. There are no hidden fees to worry about either, so you can keep your attention on the important jobs that being a florist entails.

All our finance packages are tailored to the applicant, so we recommend using our business loan calculator to see what yours might cost. Or if you’d prefer to talk to someone, call us on 020 7100 0110 and a friendly member of our team will be on the other end of the line to build a quote for you.

Flexiloan Flexiloan Lite

Our Flexiloan product is available to businesses trading for at least 12 months over a 12-60 month term.

months

Interest

£8,460.08

Total Repayment Amount

£58,460.08

Monthly Repayment

£3,247.78

Show potential savings through early settlement

Our Penalty-Free Promise means you won’t be charged extra for repaying early.

Find out just how much you could save through early settlement by adjusting the month of repayment in this section.

Your Loan Quote Summary
Full Settlement At
Total Repayable at Agreed Term	£58,460.08
Total Repayable if Repaid Early	£56,122.84
Interest Saving	£2,337.25

* Interest rates offered to new customers may vary from rates advertised due to variations in the Bank of England base rate and/or Standard Overnight Index Average (SONIA).

This estimate is based on a monthly interest rate of 1.70%, which may not reflect your final rate. Please apply online for a tailored quotation.

A representative example of a loan of less than £25,000: 40.8% APR representative, based on a fixed annual rate of interest of 34.7% and an assumed loan amount of £15,000 over 18 months; equating to monthly repayments of £1,080.67 and a total repayable of £19,452.06.

Our Flexiloan Lite product is available to businesses trading for at least 6 months over a 3-12 month term.

months

Interest

£3,472.16

Total Repayment Amount

£33,472.16

Monthly Repayment

£4,184.02

Show potential savings through early settlement

Fleximize is committed to its penalty-free promise for customers repaying early.

Find out just how much you could save through early settlement by adjusting the month of repayment in this section.

Your Loan Quote Summary
Full Settlement At
Total Repayable at Agreed Term	£33,472.16
Total Repayable if Repaid Early	£32,476.26
Interest Saving	£995.90

* Interest rates offered to new customers may vary from rates advertised due to variations in the Bank of England base rate and/or Standard Overnight Index Average (SONIA).

This estimate is based on a monthly interest rate of 2.50%, which may not reflect your final rate. Please apply online for a tailored quotation.

What you can expect from us

We’re proud to be a multi-award-winning digital business lender, having lent hundreds of millions to thousands of SMEs like yours across the UK. We have high standards at every point of our business, so here are a few guarantees when choosing us as your florist business loan provider:

Fuss-free funding: With our online application, you can apply for business finance in just a few minutes, and receive the funds in as little as 24 hours.
Flexibility: We understand that no two businesses are the same, which is why we’re committed to providing flexible funding that caters to the needs of any business owner. Along with top-ups and repayment holidays, our Penalty-Free Promise guarantees that you can repay your loan early without any fees.
Personal service: Your dedicated relationship manager will work closely with you to get to know your business, and make sure your brewery finance is tailored to your needs. If you decide to return for another round of funding in the future, you’ll be greeted by the same point of contact.
Glowing recommendations: Our ‘excellent’ Trustpilot rating and customer case studies are a testament to how highly our clients value us and our dedication to supporting their businesses.
Award-winning products: We’ve been named the UK’s Best Business Finance Provider multiple times at the British Bank Awards, as voted for by customers.

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