Accelerate your growth with £2m to £10m, tailored to your needs. Our term loans provide innovative businesses with capital to support ambitious plans for growth, from funding an acquisition to investing in research and development.
We support UK SMEs where traditional lenders struggle to: we can help loss-making, early-stage firms in exciting sectors that are ready to scale.
A term loan is a loan with a specified repayment schedule and a fixed or floating interest rate. It provides borrowers with a lump sum of cash up front, in exchange for specific borrowing terms.
Term loans are usually unsecured, which means they aren’t secured against your business assets. Because of this, some lenders could ask you to sign a personal guarantee when you apply for a loan.
At BOOST&Co we usually do not require a personal guarantee.
A term loan can be used for anything from equipment, real estate or working capital.
At BOOST&Co, our term loans usually focus on strategies for accelerating growth including investment in R&D, expansion into new markets, acquisitions and refinancing.