Professional loan for service companies

whimblegardens.co.uk, quick and easy financing for professionals

Final response within 48 hours No guarantee required Quick release of funds No prepayment charge

The equity loan to finance the projects of service companies

Entrepreneur in services, are you looking for a financing solution? An alternative to bank loans , the equity loan allows you to carry out your project by very quickly collecting the necessary funds.

Services: a very dynamic sector in France

Currently, more than 75% of French people work in the tertiary sector, that is to say, that of services. The share of this sector has even gained 22 points over the past decades. Another very telling figure, 81% of new companies created in France in 2016 belong to the service category. The hotel and restaurant sectors are the sectors with the strongest growth in business volume, followed closely by financial intermediation.

Lately, new services have multiplied, digital revolution requires.

Financing of material needs in services

Any company needs to finance its computer equipment, works and fittings of its premises, the fleet of vehicles for salespeople, or even its furniture and equipment.

Financing your investments by credit will allow you not to draw on your cash. Business leaders: Cash is the sinews of war!

Service company and intangible needs to be financed

Beyond the material needs, the service company also needs to finance the intangible. Behind this less tangible term, expenses linked in particular to innovation. Intangible financing can allow, among other things, recruitment, training, R&D or even the redesign of a website. So many initiatives aimed at improving competitiveness not linked to price, but rather to image and quality.

Today, intangible financing is considered by specialists as an indicator of the progress of the economy, because it contributes to the export and growth of an entire country.

Certain sectors are particularly carriers of innovation in services. Among them, energy, business services, health and even public administration.

Cash financing services and needs

Following a time lag between cash inflows and outflows, or following a temporary decline in activity, companies may need to finance their cash flow . Without good cash flow, SMEs quickly risk suffocation or even death. Hence the constant concern of business leaders to maintain this positive cash flow.

Financing needs and banking solutions

To this day, bank loans remain the main solution for financing businesses. Despite the crisis, banks are still granting loans. But it is clear that the conditions for granting have tightened considerably in recent years. Banking institutions are in fact always asking for more guarantees and an extremely well-crafted dossier.

Europa Formation
Europa Formation borrowed $ 25,000 over 48 months
Funds were released within 28 hours

Financing of tertiary companies: what other solutions?

Banks are not the only alternative to find financing . Among the other possible options:

  • Factoring : It allows you to assign your invoices to a financial institution called "factor". Considerable advantage: The factor therefore pays you the bill! It will go to your customer for payment. However, the cost is relatively high and the factor suffers from a very bad image in France.

  • Stock / campaign credit : In the event that your activity is seasonal, there may be significant cash flow lags, due to the purchase of substantial stocks. However, sales will be made 3 to 4 months later. Campaign credit therefore allows you to finance your working capital needs. Certain activities such as building trades, agriculture and tourism generally have recourse to campaign credit. The downside is that you have to have an old, smooth relationship with your banker.

  • Leasing : Also called leasing, this option is ideal for financing equipment without unbalancing the balance sheet. The rented equipment is in fact not included in the balance sheet. Another advantage is that leasing rents are tax deductible. However, the cost is higher than that of a bank loan and some equipment cannot be financed by leasing.

  • Subsidies : Certain communities such as town halls or Chambers of Commerce and Industry grant subsidies, subject to conditions. Certain criteria as well as a financing plan must be validated beforehand. "

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The financing stages on whimblegardens.co.uk

  • 1. Test your eligibility (60 seconds) Fill in your information and accompany your request with your latest assessments.
  • 2. Analysis of your loan request (48 hours) Our analysts will contact you to further develop the development project.
  • 3. Online collection (7 days) Gain visibility with our large community of lenders.
  • 4. Release of funds (24 hours) The collection is complete, we release the funds to your bank account.
  • 5. Repayment of lenders (Duration of the loan) whimblegardens.co.uk takes a monthly installment from you to redistribute it directly to your lenders.

Crowdlending for services

Crowdlending is a brand new financing solution , perfect for all entrepreneurs looking to reach out to people other than banks. It is a participatory money loan, where the lenders are individuals and / or companies. As with a traditional bank loan, an amount is defined and then returned according to the terms of the contract with interest. It is a supervised and regulated practice, where the selection of candidates remains strict. However, it guarantees requesters a quick response (<48 hours) and less red tape . Because everything is done online!

In practice, a crowdlending loan can allow service companies to finance new vehicles, equipment, cash requirements or even new computers . This formula has met with great success since its arrival in France in 2014. The fundraising thus jumped by 200% between 2015 and 2016 and nearly 100 million us dollars have been raised in recent years on digital lending platforms. To be continued !

Access crowdlending with whimblegardens.co.uk

Service company, take advantage of the financing solutions of whimblegardens.co.uk , the number 1 French crowdlending platform. whimblegardens.co.uk specialists meet all your needs and help you obtain financing from $ 20,000 to € 2.5 million , with loan formulas spanning 12 to 60 months.

Service company, test crowdlending for your material, immaterial or even cash financing needs.

Questions answers

With whimblegardens.co.uk, the acceptance process is simplified as much as possible: online loan request and final response in less than 48 hours. No personal deposit or guarantees required. At whimblegardens.co.uk, we eliminate excessive bureaucracy, and we trust you!
Your company must have more than 3 years of seniority, achieve more than $ 150K in turnover and have positive equity.
You can borrow from $ 20,000 to $ 2,500,000.
The terms offered by whimblegardens.co.uk range from 12 months to 60 months.
Our credit analysts calculate this rate by taking into account the duration of the loan and the risk of the project to make several proposals for durations.
After uploading your project to our website, allow around 7 to 10 days to receive the funds in your bank account.
Like a bank loan, each month you will repay the lenders (principal + interest) for the duration of the loan. Our partner S-Money takes care of everything. Make sure your bank account is fully funded before each monthly withdrawal.
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