Nucleus


Who we are?

We are a leading Fintech ensuring businesses get bespoke funding solutions at lightning speed. We’re armed with the best-in-class technology which enables us to provide decisions and funds rapidly, with accuracy and fairness every time.

With funding between £3k and £50m through both secured and unsecured products, our customers have plenty of choice and flexibility to help them thrive.

Our award-winning tech has meant we’re able to streamline and automate the entire process to deliver a hassle-free, effortlessly simple funding journey for both direct customers and the introducers we work with.

We’ve been supporting UK SMEs for 10 amazing years now and we really couldn’t be prouder.

Who we fund?

  • Any industry
  • £250k-45m turnover

Product range

  • Recovery Loan Scheme
  • £30,001 – £2m
  • 72 month term with 12 month interest only period

Process/time from application to get funded

  • 72 hours

Why do business customers like to work with us?

  • Rapid response and decision
  • Speed of funding
  • Flexibility of funding with a multitude of both secured and unsecured products
  • Ability to refinance CBILS/RLS
  • 12 month interest only period for RLS facilities
  • 72 month term on RLS loans

What types of business/purposes the product is best for?

  • Providing working capital so businesses don’t need to fret about their cash situation again
  • Remove the stress with refinancing/debt consolidation
  • Expanding a business within the UK, whether that means a new premises, product, service or even a bigger team

What happens next and what documents should be provided?

  • Complete Open Banking journey
  • Provide last filed Full accounts including detailed P&L
  • Onfido verification checks

FAQs

  • Q: Are there any setup fees?
  • A: Yes – 5% arrangement fee which is added to the loan

  • Q: Can I repay early?
  • A: Yes – Customer can repay at any time. Repayment penalty is remaining capital on the loan plus one month’s interest
  • Q: Can I apply for RLS if I already have a CBILS, CLBILS or Bounce Back Loan?
  • A: Yes, businesses can apply for RLS even if they already have an existing government coronavirus loan scheme in place

Testimonials

Our Products

Recovery Loan Scheme [£30,001 – £2m]

GET FUNDED