Funding Growth
(For growth, investment and development purposes inc.
Acquisitions and MBOs)
Fixed Rate
(6% to 12%)
No Security
(no Warrant, PGs, ICA, Debentures or Guarantees)
Repayment Profile
(5 to 8 year amortising)
Simple Process
(no legal or third party financial due diligence)
Success fee
(1.5-2%)²
Fast Turnaround
(30 days)³
Reporting
Semi-annual or quarterly within 21 days of period end
We'll get back to you straight away
¹ BNP Paribas Asset Managment UK Limited acts as an advisor to the initial lender SME Alternative Financing DAC which includes approving or declining loan applications on behalf of the lender.
² Fee payable to Swoop for arranging the loan. This is instead of an arrangement fee payable to the lender.
³ Subject to receipt of all required information, including but not limited to, three years historical financials, up-to-date managment accounts / MI forecasts (or integrated financial model) and business plan.
Basic criteria – minimum total assets £1m, minimum turnover £1m, either maximum total assets or turnover less than £50m, at least two directors or shareholders.
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