Credit4 Dual Growth Funding

Credit4’s Dual Growth Funding has been developed to provide UK SMEs with flexible funding to unlock growth. Our Dual Growth Funding provides two different types of financing which SMEs might otherwise have to approach different lenders to obtain.

Our Dual Growth Funding is available in amounts of between £30,000 and £100,000, for terms of between 12 and 24 months.

If agreed, you will have access to a term loan in addition to our Flexible Facility for the agreed term. You can think of it as a term loan and a revolving credit facility in one product.

As with the Credit4 Flexible Facility, a suitable Personal Guarantee (PG) from all Director/Principals of the business is required.

For more information, visit our FAQ page.

How It Works

  • Apply for the level and term of funding based on your businesses growth needs, the funding must be used for business purposes, and to unlock growth / value.
  • In addition to our application  documentation, we’ll want you to demonstrate the need for the funding by letting us have some financial information, including a cash flow forecast.
  • For funding up to £60,000 the funding is split half as a flexible facility and half as a term loan.
  • For funding between £60,000 and £100,000 the funding split is £30,000 (maximum) flexible facility with the residual funding as a term loan.
  • The term loan is drawn immediately and is repaid monthly over the term of the funding.
  • The flexible facility element allows you to draw funds, repay and redraw up to the limit of your facility as many times as you need during the term (subject to minimum amounts), giving you access to funding as and when your business needs it. Interest and costs on the flexible facility element are serviced fortnightly.
  • All principal amounts outstanding at the end of the term under the flexible facility must be repaid by the end of the term. You can repay in lump sums or one bullet repayment. You must, therefore be confident that your business can afford the repayment or that you will be able to arrange alternative financing at the end of the term.