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SimplyFunded is a UK-based lender that provides unsecured business loans to small and medium-sized enterprises, offering funding between £5,000 and £500,000 over fixed terms of up to 26 weeks. The company delivers same-day decisions and drawdowns, allowing applicants to apply online in approximately 60 seconds without providing property as collateral and without an initial impact on their credit score. Its products are aimed at both start-ups and early-stage businesses with at least six months of trading history and at more established SMEs needing working capital for purposes such as covering HMRC liabilities, payroll, larger contracts, or expansion. Repayments are structured on either weekly or monthly automated schedules, and SimplyFunded assigns each borrower a dedicated UK account manager. The company states that all fees are disclosed upfront with no hidden arrangement or exit charges.
- Website
- simplyfunded.co.uk
- Phone
- 01642 057 445
- Address
- E.Volve Business Centre, Cygnet Way, Houghton-le-Spring, DH4 5QY, GB
- Categories
- Financial services