Crispcap

Crispcap, a finance brokerage for SMEs in the United Kingdom

Crispcap is a business loan brokerage operating in the United Kingdom that presents itself as an intermediary between SMEs and a panel of lenders. The firm states that it has over ten years of experience as a broker and works with a panel of exclusive lenders, handling the necessary arrangements to obtain finance. Its offering is aimed at companies incorporated as limited companies, as the website expressly states that it does not arrange finance for sole traders.

Available finance products

The brokerage's catalogue covers various types of loan designed for specific business situations:

• Small business loan: aimed at SME growth and reaching new goals.
• Short-term business loan: a quick cash injection to keep the business running.
• Cash flow loan: a financial buffer to cover temporary dips in cash flow.
• Unsecured business loan: no guarantee or security is required for approval.
• Long-term business loan: to finance sustained growth plans.
• Corporation tax loan: allows you to pay your HMRC bill in monthly instalments instead of a single payment.
• VAT loan: splits your VAT bill into monthly payments.
• Merchant cash advance: repaid through future card sales.

Loan terms and features

According to the information published, available amounts range from £10,000 to £500,000, with terms ranging from 3 to 72 months and fixed interest rates, so the interest does not change over the life of the loan. The application takes about 30 seconds to complete and funding can be obtained in as little as 4 hours. The company highlights that it works with clients of different credit profiles and that a good credit score is not always essential. Eligibility is assessed based on three factors: the strength of the business, its trading length, and the credit score. Most funding requires a personal guarantee.

Documentation and application process

After an initial conversation, the brokerage requests the latest set of full filed accounts and the last three months' business bank statements. The website also offers a business loan calculator and an initial form asking for the desired amount, trading length, annual turnover, name and company name, whether the applicant is a homeowner, phone number and email address.

Typical uses of the finance

The loans arranged can be used for a wide range of purposes related to the company's activity. Uses mentioned on the website include paying taxes and VAT, hiring skilled staff, paying wages on time, buying stock, marketing and advertising, purchasing equipment, servicing new contracts, covering cash flow needs and attending networking events.

Corporate and regulatory information

Crisp Capital Limited, trading as crispcap, is a limited company registered in England and Wales with company number 11312813 and registered office at The Old Forge, Wendens Ambo, Saffron Walden, England, CB11 4JL. The trading address shown on the website is 3 Brindley Place, Birmingham, B1 2JB. The company is registered with the ICO under number ZB564324 and acts as an appointed representative of Woodley Limited, authorised and regulated by the Financial Conduct Authority under FRN 918604. The firm states that it receives commission payments from lenders and master brokers for arranging finance.

Location and contact

3 Brindley Place, Birmingham, B1 2JB · Phone: 0121 7599 919 · Email: team@crispcap.co.uk · Hours: Monday to Friday 09:00 to 17:00