Category Archives: Products

Commercial SME Loans

With the increased funding and flexibility that is now available to Kingsway, we’re able to offer our Brokers and Introducers a Commercial Loan product for their SME customers.

The minimum loan amount is £25,000 and the maximum is £75,000. Terms between 1-3 years are available and Directors Guarantees are mandatory. Non-Regulated loan business only and a 1% Administration Fee applies.

Certain sector exclusions apply in line with Kingsway’s Underwriting Guidelines and strictly no adverse. Speak to your Broker Manager today for more information on the required criteria and rates.

Sale & Lease/HP Back now available for invoices up to 5 years old!

Kingsway is now able to consider equipment that was purchased up to 5 years ago for Sale & Lease back and Sale & Hire Purchase back.

We will consider proposals where the original invoice is available for our retention, it is no more than 60 months old and proof of original payment is evidenced.

Guarantees are mandatory for all corporate entities and generally a minimum IRR of 14% will apply.

This facility can also be used in circumstances where the equipment supplier is based outside the UK and the customer has had to make payment in advance of the equipment being dispatched. Standard rates will apply in this event and guarantees will not be mandatory.