Nucleus provides businesses with the opportunity to access loans between £3,000 and £300,000, depending on their monthly turnover. Repayments are broken down into weekly instalments over a period of 3-12 months and comprise a pre-agreed percentage of monthly revenue along with the loan’s interest rate.
Let’s use some example figures to demonstrate how repayments on a typical revenue based loan can vary from month to month: Loan agreement of £10,000 – To repay 10% of monthly revenue + Interest rate.
Month 1: Revenue = £10,000 – Repayment = £250 per week + interest rate
Month 2: Revenue = £15,000 – Repayment = £375 per week + interest rate
Month 3: Revenue = £3000 – Repayment = £75 per week + interest rate
Our revenue based financing provides businesses pursuing growth the opportunity to borrow confidently. During slower months you will not need to pay back sums you cannot afford. With a revenue based loan, your business can secure the funding it needs without overextending itself, and after four months, as income increases, you will have the option to supplement funds and keep growing.
Because of the nature of revenue based loans, they benefit some business models over others, and are not suitable for all SMEs. A consistent monthly revenue is generally a good sign of a healthy business, and would make your enterprise a strong contender to utilise our revenue financing, however because the financing is based on turnover projections, it means a variety of businesses can make particular use of a revenue loan.
Seasonal businesses make a great fit for revenue based finance loans due to their performance based nature. During the busy months, these organisations may access swift capital to respond to heightened demand, stocking up on products and rolling out fresh promotions. Following this injection of funds, they may then utilise the resultant profit to quickly pay off their loan.
Subscription and SaaS businesses, with a stable and predictable monthly income, are likely to be accepted for a loan. This makes this type of model a great option for obtaining business funding, as there is a definite understanding of their monthly profits and repayments can be made without any trouble.
An Ecommerce business is an ideal recipient of revenue based finance due to the fact that their sales and marketing accounts can be readily analysed. This is beneficial for making predictions of future results. Because a revenue based loan provides access to cash in a quick manner, it can be extremely helpful if there are increased needs or new time-constrained campaigns to implement.
When determining if a revenue based loan is right for your business, you should consider your monthly revenue, cash flow, growth projections, and overall financial health.
It is advised to start by assessing the amount of funds your business requires and how it fits in with your objectives. You should explore your monthly revenue and decide on an amount you can comfortably pay back each week. It is also essential to comprehend the interest rates and fees linked with your loan offer. Think about the repayment term – will it go along with your cash flow projections? By analysing these aspects you can confidently determine if a revenue based loan is an ideal financing choice for your business.
Revenue based financing lenders generally check the financial background of a company before granting loans. Nucleus will assess your eligibility and projected income, then make a quick decision. As we require Open Banking access on all revenue based loans, decisions are instant, with legals and a Docusign link sent immediately should you want to proceed.
Ultimately, revenue based finance is the ideal way for developing businesses to gain instant access to capital without sacrificing equity or wasting any time soliciting investments. If you still have any doubts about your decision to utilise this great finance tool, please do not hesitate to contact us on – 020 7839 1980 – alternatively you can request a call back at a time convenient to you.
If you are looking for a revenue based loan to help you achieve your business goals you have come to the right place. Your success and growth is our number one priority. As one of the UK’s premier cashflow financiers, we have lent over £2.8 billion to SMEs like yours. Because of our enthusiasm and commitment towards business growth, we have received 21 awards in the last 11 years. We are committed to helping businesses not only survive but thrive.
Here are just some of the reasons why Nucleus is seen as one of the best revenue based finance lenders.
Quick processing times: Sometimes the unexpected happens and you need a fast cashflow injection. When you choose Nucleus, you can apply for a loan in a matter of minutes, wherever you are. Once approved, you could receive the needed finance on the same day.
We are human: We understand that applying for finance can be daunting, that is why our friendly team is on hand to guide you every step of the way. We have a positive partner mentality, and we are passionate about leading you calmly through the application process. We will ensure all of your questions are answered thoroughly and clearly.
We are accessible: Our primary goal is to help as many people as possible, so we do our utmost to ensure our business loans are accessible to all who meet the eligibility criteria.