Founded in 2000, Accredo provides business finance professionals with greater lending options for new starts, clients with difficult credit profiles and established businesses.
Our underwriting decisions are made by people, not computer programs, so we consider risk and security in the widest sense, seeing the true value of a borrower’s proposal. We work only with approved professional Introducers and crucially give brokers an extra option when regular avenues are closed to their clients. Every proposal is reviewed and underwritten by an experienced Accredo team member and, with no credit scoring or computer-generated decisions, each one has the maximum chance of resulting in a successful and acceptable offer.
Combined with our light-touch application process and quick decision-making, Accredo provides an excellent alternative for business-critical funding.
Our product headlines
- Loans from £25,000 to £1,500,000 only to limited companies but for any commercial purpose
- New start businesses and/or those with difficult or complex credit profiles
- Secured against residential, commercial & mixed use property located in England & Wales
- Buy-to-let and related 3rd party ownership considered
- LTV's up to 70% for residential properties
- LTV's up to 50% for commercial and mixed use properties
- 1st, 2nd 3rd & 4th charges where the equity is available
- Repayment period from 3 months to 10 years
- Always fixed interest rates
- Repayments with flexible terms such as seasonal, low start, deferred payments & payment holidays
- Profiles can be fully amortising or interest only with break clauses
- Competitive rates from 12.9%
What does an Accredo customer look like?
Usually they are one of the following categories:
- New starts - We understand funding new businesses and accept the difficulties that come with starting up, such as no track record, high early operating costs, no financials and no established customer base.
- Debt consolidation and re-financing - Many of the applications we see are to refinance short-term expensive debt over a longer term to reduce the overall interest rate and monthly cost.
- Rapid growth - Often a director will make plans which require substantial investment (be that cashflow or an asset) which are in excess of mainstream lenders appetite. We have funded just about every type of business and our ability to think outside the box means we always try to find the best solution for your clients.
- Crisis funding - Whether it's an unforeseen event or a new business opportunity, there will always be times when your clients need time critical funding.
Why use Accredo?
Our key USPs are flexibility and speed. With over 24 years experience in secured lending and an entrepreneurial mentality we recognize the financial demands of businesses are as distinct as the businesses themselves. We look beyond numbers to find the unique story behind each business. We know a 'one-size-fits-all' approach to repayment plans often doesn't suit and that's why ours are specifically aligned with your client's needs, offering them the flexibility and convenience they want.
