Long term debt, completely unsecured

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.