Nationwide Finance is a business finance provider based in Buckinghamshire. Finance products include a decision within 2 hours, a personal account manager, and funds transferred within 24 hours if approved. They help over 35,000 businesses to access finance each year and have approved over £3 billion of secured finance over the past 20 years.
Nationwide Finance is not affiliated with Nationwide Building Society.
Nationwide Finance Business Finance
Businesses can raise £10,000 to £500,000 in secured finance and repay it over 1 to 5 years. Nationwide promises to provide potential borrowers with a decision in 2 hours and funds in 24 hours if they’re approved.
Nationwide Finance is suitable for both new startups and established businesses. Your business won’t pay any extra interest or fees if you choose to pay off the finance early. A documentation or credit fee applies from £250.
Nationwide Finance Reviews and Ratings
There are a lot of reviews out there and they’re very positive. Reviewers across Trustpilot, Google, and Reviews.co.uk praise Nationwide Finance for efficiency, good customer service, and smooth processes. A few critics experienced a delay in paperwork but their experience seems rare.
Two articles in The Times were published in June 2019 and February 2020 claiming 100 complaints have been made against Nationwide Finance (also known as Bluerock Secured Finance ltd) for selling ‘high-pressure loans’ and using business owners’ relatives’ homes as collateral. The articles are now the subject of a legal complaint from Nationwide Finance Limited.
- Fast approval and funds within hours.
- Positive online reviews.
- No penalty or fees for early repayment.
- All finance agreements are secured on a property.
- Just one type of loan is available.
Website: Nationwide Finance