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Loan Agencies

BCRS Business Loans

BCRS Business Loans is a loan agency that provides financial services to businesses in the United Kingdom. With a location in Wolverhampton, England, BCRS Business Loans offers a range of lending options to help businesses grow and succeed.

Introduction to BCRS Business Loans

BCRS Business Loans is a loan agency that was established in 2002 with a goal to provide financial services to small and medium-sized businesses that struggle to access finance from traditional mainstream providers. The company is unique in that it focuses on supporting businesses that have been rejected by other lenders due to their credit score or lack of collateral. BCRS Business Loans is committed to helping businesses grow and succeed by providing them with affordable and flexible finance solutions.

Services & products

BCRS Business Loans offers a range of financial services to businesses, including loans, invoice finance, and trade finance. The loans range from £10,000 to £150,000 and can be repaid over a period of 1 to 7 years. The company's invoice finance solutions help businesses improve their cash flow by releasing funds from unpaid invoices. The trade finance solutions help businesses manage their working capital by providing them with finance to pay suppliers and improve their cash flow.

Location

BCRS Business Loans is located in Wolverhampton Science Park, which is a hub for technology and innovation. The area is home to a diverse range of businesses, including startups, SMEs, and multinational corporations. Customers can expect to experience a vibrant and dynamic business environment that fosters innovation and growth. The nearest public transportation options are Wolverhampton Science Park Bus Stop (0.1 miles), Wolverhampton Science Park Train Station (0.3 miles), and Wolverhampton Train Station (3.1 miles).

Benefits

Customers should choose BCRS Business Loans because the company offers affordable and flexible finance solutions that are tailored to their needs. The company has a team of experienced professionals who are dedicated to helping businesses grow and succeed. BCRS Business Loans also provides excellent customer service and support throughout the loan application process.

Good to know

Customers should be aware that BCRS Business Loans only provides finance to businesses that are based in the West Midlands, Warwickshire, Worcestershire, and Herefordshire. The company also requires businesses to have a minimum turnover of £100,000 and a minimum of 2 years trading history.

Reviews

Customers have given BCRS Business Loans positive reviews for its excellent customer service, flexible finance solutions, and commitment to supporting businesses. Many customers have praised the company for helping them access finance that they would not have been able to obtain from mainstream lenders. Overall, BCRS Business Loans has a strong reputation for providing affordable and flexible finance solutions to businesses.

Amenities

  • amenity
    loan
  • amenity
    mortgage
  • amenity
    debt consolidation

FAQ

What types of loans do you offer?

We offer a variety of loans, including term loans, lines of credit, equipment financing, and commercial real estate loans. Each loan is tailored to meet the specific needs of our clients.

What are the interest rates for your loans?

Our interest rates vary depending on the type of loan and the individual circumstances of the borrower. We strive to offer competitive rates that are fair and transparent.

What is the application process for a loan?

Our application process is straightforward and streamlined. You can apply online or in person, and we will guide you through the entire process. We will ask for basic information about you and your business, as well as financial documents to help us determine your eligibility for a loan.

What are the requirements for loan approval?

We consider a variety of factors when evaluating loan applications, including credit history, cash flow, collateral, and business plan. While each loan is unique, we generally look for borrowers with a strong credit history and a solid financial track record.

What happens if I miss a loan payment?

If you miss a loan payment, we will contact you to discuss your options. Depending on the circumstances, we may be able to offer a payment plan or a temporary forbearance. However, if you continue to miss payments, we may take legal action to recover the outstanding balance. We always strive to work with our clients to find a solution that works for everyone.

Reviews

  • Rob Moore

    BCRS have being brilliant. Louise Armstrong couldn't do enough for us. She explained the whole process and listened carefully to what we were looking to achieve. Funding was approved and received exactly when they said it would be. We would love to work with them again in the future. A genuine five star service.

    17-04-2023
  • Positive 2008 Limited

    BCRS is better at understanding our business needs than any bank ever could. Lynn is in her perfect role as Senior Business Development Manager, she is so supportive and helpful and guides you through the whole process and her advice is invaluable.

    17-03-2023
  • Shane O Leary

    BCRS helped my business acquire funding to support further growth for my business for the next 2 years+. They sat down with me to understand my business and what i am trying to achieve and advised effectively. I received the funding efficiently and look forward to working with them into the future. Shane Lucro Solutions

    17-02-2023
  • Matt Dawes

    Cannot recommend Lynn and BCRS enough. They have helped our company in ways that no bank or other finance provider could. The personal touch that Lynn provides along with the other members of staff make the whole process easy and transparent. If you're ever looking for any help financially, you have to try BCRS.

    17-11-2022
  • Richard Leigh

    Great service thanks guys. Quick and easy process. 5 stars all the way!

    17-11-2022
  • James Cash

    The team at BCRS are great to work with.

    17-10-2022
  • Charlotte Richards

    Lynn Wyke, is one of the most transparent and elite professionals I have met. She is extremely fast, down to earth and fair! I would choose BCRS in a second for future business... BCRS should be proud of having Lynn and also Mira in their company...

    17-06-2022
  • Karim Wanas

    Steve and his team are friendly, extremely knowledgeable, and do everything they can to support their clients, where mainstream bank lending has not been possible. Happy to recommend BCRS to local businesses needing financial help.

    17-06-2022
  • Gaynor Jones

    BCRS were so easy to deal with. Nothing is too much trouble for them.Explained everything clearly and I would have no hesitation in recommending them to freinds and family.

    17-06-2022
  • Zahri Zahrimohdzin

    Ok

    17-06-2021