Aldermore

Who are Aldermore?

Aldermore is a UK business bank that’s part of the FirstRand Group. It helps individuals, SMEs, homeowners, landlords, and vehicle owners with a range of banking products.

Aldermore offers invoice finance, asset finance, commercial mortgages, development finance, and savings accounts, aiming to make accessing business finance fast and flexible.

What type of funding does Aldermore offer?

Aldermore Bank offers a wide range of business finance options, including:

Aldermore Asset Finance

Aldermore's asset finance allows you to invest in new equipment, vehicles, or machinery with manageable monthly payments. Aldermore offers hire purchase, lease, and refinancing options.

Aldermore Invoice Finance

For those businesses struggling with unpaid or late invoices, Aldermore’s invoice finance service unlocks 90% of those invoices so you can manage your cash flow. With Aldermore’s invoice factoring service, you maintain all communication with your customers, so there’s little disruption for them. You just get to maintain a consistent cash flow cycle.

Aldermore Commercial Mortgages

You can take out an Aldermore commercial mortgage to finance new business premises or as a property investor, with loans available from £1 million upwards and flexible repayment terms.

Aldermore Development Finance

Aldermore's property development finance can help you fund new builds, conversions, and refurbishment costs, with development finance from £1 million up to £25 million.

Aldermore Bridging Loans

If you need short-term finance to bridge a funding gap, Aldermore offers bridging loans for property purchases, auction buys, and refurbishment projects. Bridging finance from Aldermore is designed for situations where speed matters and longer-term funding can be arranged later.

How do you apply for funding with Aldermore?

Applying for funding with Aldermore starts with a simple phone call or by filling in their form to request a callback from their team.

To apply for funding with Aldermore, you must first make sure you meet the minimum criteria for the product you are applying for. Aldermore will look at your financial background to gauge your current business performance, as well as your credit scores.

Applications will be assessed on an individual basis and take into account the strength of your business, your experience, and your future plans for growth and expansion.

Compare Aldermore with other Lenders

When searching for business finance, comparing other lenders before signing on the dotted line is important. That’s where our free loan comparison tool comes in handy. Simply input your loan details, including how much you want to borrow, your reason for borrowing, and the loan term, and we’ll immediately show you eligible loan offers.

There’s no obligation to proceed with any quote you’re shown. Instead, take your time and compare lenders at your leisure. If you find a loan offer you like, you can proceed with your application online. Compare business loans.

Aldermore Reviews

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