Yes — if your business is a UK limited company or LLP registered or trading in Coventry, you can apply for a company loan that sits entirely on the balance sheet of the business, with no director personal guarantee. The loan is extended to the company, not to you personally.
Why Coventry businesses seek alternative finance
Coventry has a strong manufacturing, logistics and professional-services base, and many directors find that high-street banks move slowly or attach personal-liability conditions that put their home at risk. A company-only loan keeps personal assets separate and lets the business carry the debt on its own footing. As an illustrative example only (not a quote), a Coventry engineering firm might borrow to cover a gap between a large contract invoice and a supplier payment run — a typical short-to-medium-term working-capital use.
What can the funds be used for?
- Working capital and cash-flow smoothing between contracts
- Equipment purchase or lease deposits
- Stock or raw-material acquisition ahead of a large order
- Premises fit-out or expansion costs
- Hiring ahead of confirmed revenue growth
How to apply from Coventry
Applications are handled digitally — there is no requirement to attend a branch. You will need your company registration number, recent filed accounts or management accounts, and your Companies House director information. Decisions are typically faster than a traditional bank because underwriting focuses on the company's trading position rather than a director credit file.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Business finance for Bradford SMEs, Working capital loans for Derby limited companies.