30th Mar, 2013

Secured business loans

If you’re looking for a secured business loan, rebuildingsociety.com can help.

We connect businesses looking for a secured loan with a network of individual lenders with an appetite for lending to creditworthy businesses. We facilitate fast secured business loans at a competitive price, with no early repayment charge.

Some of the assets put forward by borrowers in secured loans include:

  • Commercial property
  • Manufacturing machinery
  • Commercial vehicles
  • Invoices

Unlike banks, we don’t rule out businesses in certain industry sectors – our lenders realise that a good business can operate in any market. Join rebuildingsociety.com and apply for a secured business loan today.

[accordion title=”Our borrowing criteria”]

  • Secured or unsecured loans available with fixed rates from 6.4% APR
  • Loan sizes £2,000-£250,000
  • Terms of 6-60 months
  • Limited companies, LLPs, PLCs, and social enterprises are acceptable
  • Businesses must have been trading for at least 2 years and have 2 sets of annual accounts filed (we require sight of financial accounts and management accounts covering the period ending no earlier than 60 days prior to the date of application submission)
  • Good credit history required (no CCJs over £250 outstanding)
  • The business must be profitable and VAT registered
  • Directors/Partners must be UK residents
  • Average quarterly turnover greater than £50k for the last 4 quarters

[/accordion]

Related pages:

 


30th Mar, 2013

Unsecured Business Loans

If you are looking for a quick and affordable loan for your business, then an unsecured business loan through rebuildingsociety.com could be the right choice for you.

We understand that businesses don’t want to wait to initiate growth plans; markets change and you need to be able to respond and take opportunities.

rebuildingsociety.com facilitates unsecured business loans of up to £50,000 through our database of individual lenders with an appetite to lend to creditworthy UK businesses, in a time-scale of between two and four weeks: much quicker than applying for an unsecured loan through a bank.

You’re also borrowing money from individuals with a vested interest in the success of your business. They will promote your services, buy your products or connect you with potential customers – you don’t get that sort of value from a bank either.

rebuildingsociety.com also doesn’t charge for early repayment of your unsecured business loan, giving you flexibility, without penalising you for a successful period of trading. You also have the option of choosing a Private Peer Loan, which isn’t published publicly on our platform, but is instead accessible by private invitation that you send to chosen recipients.

All that is required from you is a personal guarantee, and you can begin expanding your business right away.

To apply for an unsecured business loan, join rebuildingsociety.com today!

Watch the video below to find out more about the simple and straightforward rebuildingsociety.com application process.

[accordion title=”Our borrowing criteria”]

      • Secured or unsecured loans available with fixed rates from 6.4% APR

 

  • Loan sizes £2,000-£250,000

 

 

  • Terms of 6-60 months

 

 

  • Limited companies, LLPs, PLCs, and social enterprises are acceptable

 

 

  • Businesses must have been trading for at least 2 years and have 2 sets of annual accounts filed (we require sight of financial accounts and management accounts covering the period ending no earlier than 60 days prior to the date of application submission)

 

 

  • Good credit history required (no CCJs over £250 outstanding)

 

 

  • The business must be profitable

 

 

  • Directors/Partners must be UK residents

 

 

  • Average quarterly turnover greater than £50k for the last 4 quarters

 

 

[/accordion] Meet SJI Group Ltd., borrowers on rebuildingsociety.com:


 


Related pages:


28th Mar, 2013

Quick – get a TV ad done, it’s ISA season

It’s that time of year when marketing agencies fill their boots. Banks throw their money at media campaigns designed to tempt the public into filling ISA allowances before the deadline. If you’re drawn to this sort of advertising, there’s billboards, TV ads, newspaper ads and all manner of chatter on consumer websites.

You could argue it’s going to need a lot of publicity this year for the public to put their money in ISAs.

(more…)


22nd Mar, 2013

Growth integral to IT company’s plans

Jonathan Edwards

Self-confessed IT geek Jonathan Edwards has been growing his business, Integral IT Ltd, for the past seven years. He’s now reached a point where he needs to increase his headcount and marketing to move his business to the next level and capitalise on the strong reputation he has established. Integral IT is looking for a loan of £20,000 to be repaid over three years.

Jonathan has grown the business to turnover levels of £250,000 without, in his own words, “doing much marketing”.

“I’ve relied on word of mouth and my own networking activities to get me so far, but the time is right for me to invest in the future of the business”, he said.

With talks over a new £90,000 annual contract at an advanced stage, Jonathan is conscious of scaling up to meet an increase in demand by recruiting and training another member of staff.

(more…)


22nd Mar, 2013

rebuildingsociety.com at the Great British Private Investor Summit

On 19 March, rebuildingsociety.com’s MD, Daniel Rajkumar, was invited to talk to a gathering of the UK’s private investors about ‘a new asset class’ called peer-to-peer lending.

Alongside Giles Andrews of Zopa (right) and Kevin Caley of ThinCats (left) in a panel discussion hosted by George Whitehead of Octopus Investments, the panel explained how private investors could make fast, reliable returns through lending to individuals and businesses.

A show of hands revealed that around a quarter of the audience were already involved in the sector, so for around 150 private investors, this was their chance to learn about new ways to make their money grow.

“The theme from the day was that investors are looking for an exit, liquidity, the right level of information to make an investment decision and communication with their investment. Peer-to-business lending offers all of this up front”, said Dan.

Much talk on the day centred around the budget, and Dan believes many attendees will be happy with announcements made by George Osborne, especially the SEIS extension, where SEIS investors can input £100,000 in a single tax year which can be spread over a number of companies. Investors are entitled to receive up to 50% tax relief in the tax year the investment is made.

Of course, there’s still a big risk for investors in start-up businesses that they will never get their money back.

Returns through peer-to-business lending will never be the ‘10 times investment’ quoted in business angel circles, but it is an emerging asset class where savvy lenders are earning returns after tax deductions and defaults of over 10 per cent.

Dan said: “This industry is relatively young and would benefit from the guidance of experienced private investors to make it a better industry, so it’s encouraging to know more investors are now suitably informed. And as the statistics show, they would benefit financially from being involved too”.


12th Mar, 2013

Time to divest from property?

rebuildingsociety.com MD, Dan Rajkumar, is concerned about the aftermath of measures that he believes are artificially keeping the property market afloat.

It’s a favourite pastime of UK homeowners to talk about house prices and the possibility of opening up equity through a sale. And luckily for them, according to the number crunchers, UK house sales reached their highest level in more than two and-a-half years last month as ‘confidence continued to return to the market’.

The Royal Institution of Chartered Surveyors’ seasonally adjusted house price balance declined in the four months to February, signalling generally stable prices. Additionally, the number of mortgages on the market has increased by around a third since the Government launched the Funding for Lending scheme last August to unblock the housing market.

For mortgage lenders it has come as welcome relief. With access to cheap finance, lenders have also been slashing their rates to some of their lowest-ever levels.

But with this scheme in place, you wonder what more can be done? It’s probably the last phase of buoyancy that we can expect to see keeping the property market as inflated – it really needs the economy to build momentum so the stabilisers can come off. As a landlord, I’m concerned, without sufficient inertia, the cycle will fall.

(more…)


11th Mar, 2013

Lender statement and reporting progress

Lenders on rebuildingsociety.com have been asking for improved reporting since the completion of our first few deals and we’ve worked hard to get this in place.

Lenders can now view their entire transaction history, much like a bank statement, by selecting ‘Statement’ from the drop-down menu on ‘Dashboard’ (see screen grab below).

(more…)


08th Mar, 2013

Money required to make Cashpot grow

Cashpot Ltd is a money transfer intermediary based in London, that helps high street money transfer companies send money to African countries safely and securely. It is looking to raise £50,000 through rebuildingsociety.com so the company can grow by establishing distribution channels in two more African nations.

Banking in Africa can be a complicated business, so Cashpot Ltd was established to eradicate some of the perceived delays in settlements experienced by high street money transfer companies and their customers.

Cashpot is registered as an authorised payment institution in the UK and Kelvin Orogun, Cashpot’s managing director, recognises the value of trust and integrity when connecting financial institutions hundreds of miles apart.

(more…)


07th Mar, 2013

Lender Referral Incentive – March 2013

Referral incentive 2013

To encourage our existing members to spread the word about our site, we’ve created a referral scheme with gift rewards.

As a member of rebuildingsociety.com, you’ll receive vouchers that can be redeemed on our gift site when you pass certain thresholds:

  • Members will receive a voucher for £50 credit once they have referred 3 people who go on to lend at least £100 in a completed loan.
  • A further £50 voucher will be issued when 10 people you have referred go on to lend £100 in a completed loan.

When your referrals register with us they will be asked who referred them. They’ll need to say it was you so we can track their lending activity.

When members pass thresholds they will be sent log-in details and a unique code for our gift site, which is run in partnership with our preferred gift supplier, Simply Thank You.

Terms and Conditions

  1. To receive a voucher, users need to have their address verified by rebuildingsociety.com.
  2. New members are not eligible to lend until they have had their identity verified by rebuildingsociety.com.
  3. The minimum amount a successful referral can lend to a completed deal is £100. This does not include money transferred to the user’s rebuildingsociety.com account or amounts bid on incomplete loans.
  4. Vouchers will be issued up to 28 days after the reward criteria is met.
  5. In the event of a dispute over referrals or rewards, the decision of rebuildingsociety.com’s management is final.
  6. rebuildingsociety.com reserves the right to amend or withdraw this offer at any time.


05th Mar, 2013

What is a Social Impact Bond?

At rebuildingsociety.com we believe strongly in the social benefits of peer-to-business lending as well as the returns offered to lenders, so an article that caught our eye in The Economist on 23 February was a story about private investors funding a scheme to help rough sleepers, with returns paid if targets are met.

In short, Social Impact Bonds (SIBs) pay investors returns as social objectives are achieved – so in the example given by the Economist, investors stand to gain a 6.5% return from the Greater London Authority if two charities that deal with homeless people perform well. Conversely, investors could lose everything if the organisation doing the work fails to meet targets.

(more…)


Thank you
Your Bid's been
Placed...
iJr/wxVFQTOM5jn615ZUUYvhzAbLnOkhpupFfzj4qbw=