Business & Professional Loans
Business & professional loans are typically used to cover expenditure that can’t be paid for on a hire purchase or lease agreement.
Available to established professionals and businesses including:
- Dentists
- Doctors
- Opticians
- Vets
- Accountants
- Solicitors
- Architects
- SME Businesses
TeleLease arranges loans to cover:
- Building work, plumbing, electrical and refurbishment costs
- Shop fit-outs
- Flooring and carpets
- Partitioning and glazing
- Computer software & software development
- IT infrastructure
- Air conditioning and heating systems
- Income tax and corporation tax bills
- Deposits for new machinery
Qualifying for a Professional Loan
Loans are considered unsecured lending and the underwriting criteria tends to be more rigorous than for secured loans. You will therefore need to be an established business with a good credit rating and good accounts for your application to succeed.
When do you receive the money
One of the nice features of a loan is that the funds are paid to you ahead of the work being carried out. You can then pay the supplier an advance payment and the balance when you’re ready.
Applying for a Loan
The process is simple and straightforward.
You tell us what the loan is for and provide some background financials and we will get the application underway without delay.
When approved we will send the documents in the post (or meet if you prefer) and the loan will be paid directly into your bank account.
Find out more…
We would be pleased to hear from you so why not call us today on 0800 054 6194 or complete the contact form and we will call you for an informal discussion.