Frequently Asked Questions

Depending on the product, you can borrow anything from a minimum of £1000 up to £25m.

This very much depends on the specifics of what you’re hoping to borrow and the health of your business.
We can provide an indicative quote based on some key information and will always endeavour to find the best deal for you.

We’ll start with a fact-finding call to establish the rationale behind borrowing funds and to gain a good understanding of your business.

Be prepared to provide additional supporting info such as annual accounts, management accounts, 3 months recent bank statements and a Personal Net Worth (PNW) statement.

We understand it is vital for us and the companies we work with to ensure your personal information is protected and we have Terms of Business that detail our Data Protection policy.

You can also read our privacy policy here: https://acornbusinessfinance.co.uk/privacy-policy/

We’ve sourced data protection advice and developed a series of best practices to build a world class system safeguarding your personal and financial information from outside intruders.

We aim to provide an indicative quote of what we think we can achieve for you based on the strength of your business. We will always confirm the final deal costings upon receiving a formal acceptance before raising documentation.

We work with a diverse panel of independent finance houses and challenger banks allowing us to provide funding to a wide range of businesses with a strong assortment of funding products.

We have a panel of funders offering a selection of products suited to different businesses and we aim to match you with the most suitable product/funder. This ensures the best chance of your application being accepted.

If, during our fact find, any of your circumstances or any of the information you provide suggests a lender would be unlikely to accept your application for funding, we will advise you before applying. It may be that an application at that point is not something we would recommend; in which case we will discuss options with you.

The Financial Conduct Authority is an independently run financial regulatory body, focussing on the conduct of financial services firms to promote competition and protect consumers rights.

Their objective is to:

  • Protect consumers
  • Protect financial markets
  • Promote competition

Our FCA accreditation informs and influences every action we take, governing our processes, communications, standards of reporting, data security and the fairness with which we treat all customers.

Not usually. Any fees payable will be discussed with you prior to proceeding with any finance option on offer

Certain products, such as bridging finance, may require an up-front payment but this will be fully explained before an application and confirmed prior to acceptance.

From the initial phone call to the money in your bank, 92% of our successful applications pay-out within 5-7 days, but we have had applications pay out in as little as 24 hours.

Working capital is an invaluable asset for any business and protecting it means you can use it to invest in other areas of your business. Using finance means you don’t need to compromise your working capital and can have minimal impact on cash-flow.

You can contact us directly on 01242 395 507 and one of our consultants would be happy to provide an indicative quote.

Tax funding is the only product that we’re able to fund in an individual’s name, for this they must be an equity director of a UK business and a homeowner.

Ready to get started?

Eddie

Eddie

Eddie brings a wealth of experience and knowledge from the finance sector.
Since building up and successfully selling on his own vehicle leasing brokerage, he joined Acorn Business Finance 5 years ago as a consultant covering the North of the country. Based in South Cheshire, he is ideally located to assist SME clients
around the whole area. 

He enjoys building long term relationships with clients and helping them achieve their targets by providing creative funding solutions and watching their businesses grow. Outside of work Eddie enjoys escaping to North Wales to get wet and cold up various mountains, sampling some good food and beer once he gets down again, and spending time with his family – mainly chasing his 2 young sons around.