We can complete finance for Ltd companies and sole traders. Our minimum finance amount for sole traders is £25,000.00. Due to the size of our funding panel, we can also complete finance for businesses who have a poor credit score, whilst competing with some of the cheapest finance houses for established companies.

Pronto can have a decision from our funder(s) within 24/48 hours.

When applying for finance our funders will carryout a soft credit search which will only be visible to you, not other funders.

We can get up to £10million of funding for UK businesses, subject to the strength of the application. The lender will provide you with an acceptance for a funding amount they are happy with based on your business’s financial information (latest filed accounts, latest business bank statements and management information if necessary).

Typically, on asset finance there is a standard deposit of x1 monthly repayment upfront. Some funders will ask for a larger deposit, depending on their lending criteria, the strength of the business or the residual values of the asset you are purchasing. You can also increase the deposit should you wish to decrease your monthly repayments.

The answer is yes, however this is subject to the funders lending criteria. Both Pronto and our funder will carry out due diligence checks on the said supplier prior to payment being released. Suppliers who are based overseas will need to be well established with a clear trading history.

If you are purchasing a VAT applicable asset you can either pay the VAT upfront to the funder (Hire Purchase) or the funder can pay the VAT to the supplier for you and spread the VAT across the term of your agreement (Lease). You would then pay VAT on top of your monthly repayments.

You can finance any asset, from new or used machinery to mezzanine flooring or software.