Flooring contractors operating through a UK limited company or LLP are eligible to apply for business finance in the company's name. The loan sits with the company, leaving the director's personal assets unaffected.
Why flooring businesses seek finance
Flooring contractors regularly face a gap between ordering materials and receiving payment. On a large commercial fit-out — a hotel refurbishment, an office block or a new-build housing scheme — materials may need to be purchased weeks before installation begins, and final payment can follow 30 to 60 days after completion. That timing mismatch is a natural fit for a short-term business loan. Finance also supports investment in underfloor heating systems, moisture-testing equipment and specialist adhesive tools that expand the range of jobs a company can quote for.
Types of flooring company that can apply
We consider applications from companies focused on hard flooring (LVT, engineered wood, ceramic tile), carpet laying, commercial carpet tiles, resin and epoxy, screeding, and combination contractors who cover multiple surfaces. The trade itself is less important than the company's trading history and cash-flow pattern. A company consistently winning contracts from volume house builders or commercial developers will often present a straightforward case.
How facility size is determined
We assess the limited company's filed accounts, bank statements and revenue trend. As an illustrative example only and not a quote, a flooring contractor with £180,000 in annual turnover might be offered a facility in the range of one to three months' revenue; the precise figure depends on your company's full financial position and existing credit commitments.
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 loans for tiling contractors, Business finance for groundworks companies.