Just Cash Flow quadruples lending limits to £2m
Fintech lender Just Cash Flow has increased the upper limit across all finance facilities from £500,000 to £2 million.
"The £2 million upper limit applies to new customers and we will provide finance significantly in excess of this on a case by case basis "
John Davies, director of Just Cash Flow, commented: "We are committed to helping well-run SMEs invest and grow. The excellent news is that many of our customers now have the confidence and well-thought out business plans to invest considerably more that our previous upper limit of £500,000.
"The £2 million upper limit applies to new customers and we will provide finance significantly in excess of this on a case by case basis - we are currently arranging a £6 million facility with a leather goods manufacturer.
"Our experience is that time-starved business owners are looking for a relationship and a financial partner that both understands their businesses and can proactively support their growth plans.
"They are also looking for timely decisions and we constantly receive feedback that this is something traditional lenders are struggling to provide."
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