In our experience, the biggest factor in how quickly you’ll get finance is you. Most lenders will reply quickly (within 48 hours), and  HMT will work hard to keep things moving. If you’ve got all the documentation ready, it’s often possible to get the deal done within a day or two.

First, you’ll need to give us the key details about your business and what you’re looking for. This will only take a few minutes, and you can do it on our website or give us a call.

• Lenders we work with are much faster than the banks
• Takes seconds to see your options
• Offers back within 24–48 hours for most cases
• Money in account within days if you’ve got documents ready

There are many different factors that affect how much you can get approved for when applying for a business loan, and each provider has their own process for determining eligibility.  As a rule of thumb, the maximum most providers will lend is about 10-30% of your annual turnover.

There are many ways of paying back a loan or line of credit, and the type of repayment depends on the lender. Some lenders will give you a repayment schedule with fixed monthly instalments, while others might be more flexible and accept early repayments.

Often, there’s a fixed amount you have to pay back, but sometimes the repayment can vary, depending on the distribution of interest.

Some lenders allow you to make early repayments without charging a prepayment penalty. However, it’s important to bear in mind that there might be extra costs if you decide to make early repayments, or even pay back all at once.

The best way to get an accurate estimate of how you can repay is to make an application with us — we can give more detailed information once we’ve found you the business finance that’s right for you.