Exclusive Unsecured House Purchase Product

Today we launch a new unsecured loan product designed for for homeowners who are moving job or need extra space for a growing family and want to move home but are finding it difficult due to having negative or limited equity in their existing property.

If you or any clients of yours have a need for such a product then please see the outline criteria below

• Maximum Loan £100,000
• Minimum Loan £5,000
• Fixed Interest Rate 14.9%APR ( irrespective of loan amount )
• No Early Repayment Charges
• No Penalty for Overpayments (reduces the loan term)
• Prime homeowners only (not tenants)
• Fixed Repayment Term 15 years
• No current or historical adverse
• Employed:- permanent employment for at least 1 Year
• Self-Employed:- must have up to date “Certified Accounts”
• Surplus monthly income of at least £250 needed
• Bank statements required to prove customer affordability
• Loan to be completed in conjunction with a regulated 1st Mortgage
• Fixed Fee Conveyancing Package included 

To find out more initially just complete our basic home loan application form and we'll get someone to call you back to discuss your requirements in more detail.

Money Solutions Uk and being transparent with customers

Having worked for a business that didn't often put transparency and honesty too high up the agenda when dealing with its business introducers I felt it key when developing the various services offered by Money Solutions Uk that we'd aim to be as transparent as possible. Many of the services on offer are quite often outsourced to carefully chosen partners in both commercial finance and consumer lending. 

If a business client is looking to offer their customers the option of paying for goods on finance then we have ties  with a well known retail finance business that can offer a facility to a broad spectrum of retailers whether they be SME's turning over £100,000 a year or national companies turning over millions. The process works to for customers buying instore or online and is totally paperless. It doesn't get much better than that based on my personal experience! If the business falls outside of traditional lender criteria then we aim to present viable alternatives.

We have been working closely with a commercial asset finance business for a number of years now, a company local to us with national coverage that has over 50 years combined commercial lending experience. Frankly what they don't know about structuring a leasing or asset finance deal isn't worth knowing.

Our payday or wageday loan process is also an outsourced broker model and is not beholding to one lender. We use a panel of lenders to maximise customer conversions and lending options for potential customers. 

Other services such as residential or commercial mortgages are available, we have a wide range of insurance comparison products online, a mobile phone service, commercial factoring, car finance and a large panel of personal and homeowner loan lenders such as guarantor loans or loans secured on property. These are all considered quite mainstream products but for businesses or individuals looking to raise funds quickly then we also have some niche lending products. 

If you are in possession of a valuable piece of art, a luxury car or boat, designer watch or gold and even an expensive wine collection you can use this as collateral against a short term loan that involves no credit search and can be paid out to you in a couple of days! For loans secured against art and the various other niche products just visit the web page for more information.

If you are a shop, restaurant or hotel owner and looking to borrow money for any purpose whether it be cashflow injection or buying stock or equipment then again we may have the solution for you. Merchant Cash Advance suits businesses who run at least one pdq machine for the majority of their transactions, usually at least £4,000 per month and can be turned around within a matter of weeks.

We constantly strive to add more financial products and offerings to our business and consumer customers and equally have no qualms in dropping a commercial relationship if it doesn't sit comfortably with our ethos of trying to tell customers the truth, even if in some cases it means not doing a particular deal. Having been a "firefighter" dealing with retailer complaints it's a lot easier to work in such a way as to not generate complaints in the first place, much better for your health and your conscience too! 

More information on all our services at Money Solutions Uk

Accessing funding for small businesses

Far too many Small businesses are unable to access funding and are relying on unsustainable forms of finance, such as personal loans from families and friends, according to new research from one of our commercial funding partners.

Their findings revealed that fewer and fewer Small businesses are now applying for external funding – just 31% did so in the past 12 months, which suggests a greater variety of commercial funding options are needed to help support businesses.

With this in mind, Bibby Financial Services has launched Flexidraft, a new flexible funding facility for businesses with a turnover of up to £1m. Flexidraft will act as a viable alternative to the bank overdraft, providing firms with quick access to the cash they need.

Andrew Dixon, Bibby’s new product director, said: “Businesses’ reliance on the banks for finance has reached crisis point, as they are finding their ability to survive and grow severely restricted by a lack of funding.

“SMEs need more and faster support from traditional and alternative lenders. The government’s newly-launched Funding for Lending scheme will hopefully lead to an increase in bank lending to small businesses, but ultimately it still fails to address the issue that SMEs have become too reliant on the banks.

“New solutions, such as Flexidraft, will be vital to ease the pressure on the banks and traditional lending methods.”

If you want more information on this scheme or on other forms of commercial finance please contact us today.