Nucleus Commercial Finance was founded in London in 2011 and offers a range of asset finance, property finance, and business cash advance products. Nucleus combines the credit facilities of a traditional bank with the speed and efficiency of an online alternative lender. Finance decisions are promised within 24 hours. Over £1.3 billion has been lent to businesses so far.
Nucleus Commercial Finance Business Finance
Business Cash Advance
Your business can borrow up to 125% of its monthly card transactions, from £3,000 to £150,000 plus. There’s no fixed repayment amount of period. Instead, a percentage of your customer card payments will be taken automatically by Nucleus until the cash advance is repaid. The cash will be released within a few days.
A secured business loan of £25,000 to £20 million, secured on residential or commercial property. This finance isn’t specifically for raising finance to fund property projects, it’s multi-purpose business finance secured on property.
Cash Flow Finance
An unsecured commercial loan of £25,000 to £200,000 repaid over 3 months to 5 years. Cash flow finance can be used to pay for new premises, unexpected bills, new staff, and general growth. Loans under £75,000 have to be repaid within 3 years.
Nucleus Commercial Finance Reviews and Ratings
Nucleus Commercial Finance’s online reviews are mixed. Some reviewers are happy with the efficient customer service, while others think their interest rates are too high and staff don’t respond to queries quickly enough.
There are no reviews on Trustpilot or Reviews.co.uk.
- Most online reviews are positive.
- Variety of secured and unsecured finance products available, including cash advance.
- Some critics say interest rates are too high.
Website: Nucleus Commercial Finance