4th Floor, Greenwood House
91-99 New London Road,
Chelmsford, Essex, CM2 0PP
Please fill out the form below and we will contact you shortly.
Business Loan FAQs
Q. How quickly can I receive funding for my business?
We understand that when you need funding, you need it fast. Call us or complete our short application form online for an instant quote, approval in 24 hours and funding in your account in as little as 2 business days.
Q. What sort of paperwork do I need to provide?
We like to keep things fast and simple, with very little paperwork required. We typically only require a signed application form, your most recent 3 months’ business bank statements, and proof of identity.
Q. Do you have to have collateral for a business loan?
No, you do not need to have any assets or collateral to qualify for one of our business loans. Perfect for many kinds of businesses where premises may be rented and not owned.
Q. How can I get approved for a business loan?
Finding out if you could be approved for a Boost Capital business loan couldn’t be easier. Fill in the short form or call us on 0800 138 9080 for an instant quote and approval within 24 hours.
Q. Do I need a perfect credit score to be approved for funding?
No, you don’t need to have a perfect credit history. While a personal credit check is part of the approval process, it does not weigh heavily in the final approval as a business loan from Boost Capital is based on the overall health of your business.
Q. What are the application fees?
It’s free to apply for a Boost Capital business loan. You can apply online or call Freephone 0800 138 9080 for an instant and zero-obligation quote.
Q. Can I receive additional funding for my business later?
Yes. If your account is up-to-date, you could be eligible to renew your business loan once a certain percentage is paid off. 86% of our customers return for more funding, using our business loans as a revolving credit facility to keep their business growing.
Q. Can I repay my small business loan early?
Yes, you have the option to repay early if you no longer need the funding. The loan can be paid in full at any time without any penalty. We only charge interest for each day you have the funding, so by repaying early you can reduce the amount of interest you pay.