Everline is a small business loan company. Similar to iwoca they lend to companies in the UK that pass certain criteria, although are slightly less ‘cutting-edge’ like iwoca.
They are owned by Wonga, and Everline is the trading name for the business wing of the parent company. The firm prides itself on being able to offer a small business loan fund within 5 minutes of approval.
Everline offer business funding from £3,000 to £120,000 although more or less is available with a little more detail. The application process for Everline is very simple. Send through your bank details, driver’s license or passport, explain what the money is for and your bank statements.
If you are accepted quickly then the money can be with you within minutes. If you are not accepted then they will try and help fund your business with a higher rate loan, for example, if you have CCJs or a bad credit history. They may offer less money or a shorter time-frame, but they will endeavour to help you out.
There are no hidden fees. The online login page shows you exactly how much you will pay in interest, when your loan repayments are due to be paid to Everline, and when you can top up the loan – usually after a good portion of the loan is repaid.
Being paperless, you can apply for a loan at any time of day. There are no interviews, although if you application is tricky then they might email you a few times.
The beauty of Everline business loans is that you borrow money directly off them, no brokers here.
They are transparent and upfront about exactly how much interest you will pay each month on top of the repayment amounts.
You can repay early with no additional charges.
You have a personalised account so you can apply for funds or pay early any time you wish. The account is simple to use, easy to read and well-designed.
The simple online application process takes just a minute or two; no business plans or meetings. No stress, in other words.
24/7 support by phone or email.
Business loans from 1 to 24 months and up to £120,000.
9.2 out of 10 on TrustPilot.
If this sounds like a company you would like to use, then get in touch with small business loans company and inject cash into your company.