Esme believe that no business should have to work hard to get a business loan.
In 2021 Esme loans stopped lending to new customers. Existing customers can continue to log into their customer dashboard as usual to manage their loan on the Esme website.
Founded in 2016, Esme is a platform that allows businesses to borrow a fixed sum amount, quickly and stress-free.
Esme has so far helped hundreds of businesses secure the finance they needed in order to propel their visions forward and make their businesses successful.
Esme offers unsecured business loans that range from £10,000 all the way up to £250,000 over a selectable 1 to 5 year repayment period.
Esme’s loans offer competitive rates and no early repayment charges on full or partial repayments.
Use their online calculator by simply selecting the amount you wish to borrow and the number of years you want to repay over. You’ll be able to see a rough idea of the monthly payments plus fixed interest rates before you move onto the quote.
Esme has a system that allows for an easy and secure application process that takes fewer than ten minutes to complete.
You can first check if you are eligible before you apply. Generally, to be eligible you have to be a sole trader or a director of a UK Limited company, actively trading for at least 18 months. You’ll also need an annual turnover of around £15,000 and of course, be over the age of 18.
If you meet these criteria you can get a free quote by filling in their online form. Esme asks for some simple business details in order to generate a personalised quote. This will show you what your monthly repayments and interest rate will be exactly.
If you’re happy to go ahead, you can apply and receive a quick approval decision. Once approved, you should receive funds without the hour.