Got big ideas for your business? We’re here to help you achieve your business dreams, big or small, with our business expansion loans designed specifically for big thinkers.
We’ve worked with enough business owners to understand that each has their own philosophy and approach to running a successful venture. That’s why our business funding is flexible enough to cater to the needs of those who are ready to take the next big step towards expansion, or as we like to call them, the big thinkers of the business world.
Funding designed for big thinkers
Over the years, we've helped big thinkers across multiple industries, such as hospitality and logistics, grow their businesses and increase their revenue by:
1. Hiring additional members of staff
Often, hiring a new member of staff involves spending some money upfront (such as on recruitment fees, onboarding and training, and paying initial wages) before the employee begins to bring in revenue to the business. However, many small businesses simply do not have the cash reserves to pay for these initial onboarding costs. This means business owners can often find themselves stuck in a position where they're ready to grow operations but unable to access the funds to do so.
Our products are perfect for businesses who need short-term capital to cover the initial cost of growing their team; our Penalty-Free Promise means that businesses can pay off the loan in full as soon as the new employee begins to bring in revenue and cover the cost of their recruitment.
2. Purchasing new equipment to increase production
We've found that many business owners often need help paying an initial deposit towards asset finance for pieces of equipment that will allow them to fulfil larger projects and work more efficiently in the long-run.
This also extends to companies that require funds to purchase vehicles such as logistics, couriers and coach hire businesses who need a cash flow injection to serve more customers and make more revenue. In other cases, we've also helped businesses purchase software upgrades or programmes which are not fundable on asset finance.
In such cases, our business loans can be carefully tailored to support business owners with purchasing equipment to increase production, with both unsecured and secured options available.
3. Premises expansion
Small businesses can quickly outgrow their premises, and finding the funds to facilitate a move can, at times, prove tricky. If you're looking for ways to fund the relocation of your business to a larger space, a small business loan could provide you with the working capital to pay for the initial deposit on the new premises, plus costs associated with moving.
Similarly, a refurbishment for a restaurant or hotel can be a great way to attract new customers and justify an increase to your price list. Our loans are also perfect for purchasing soft furnishings or to fund decorating work and extensions.
For example, our recent customer Olivia Crighton, Founder of Hackney-based Glasshouse Salon, was in a position to grow her business but was struggling to find a finance provider who would lend her the funds to assist with a premises move for her hair salon. After her broker introduced her to Fleximize, Olivia was able to move to larger premises, take on double the amount of staff, and enjoy better facilities. Listen to her experience in her own words below.
Olivia Crighton used a Fleximize business loan to move to larger premises and take on more staff
How Fleximize can help
Whether you're looking to move to new premises, hire more staff to increase production, or launch a new product to widen your offering, our award-winning loan options and processes have been carefully designed with your needs in mind.
Our Flexiloan product is great for businesses that have been trading for 12+ months, whilst our recently launched Flexiloan Lite is designed for businesses that have been trading for 6+ months. We can offer you up to £500,000 over a term of 3-48 months, and funds can be with you in as little as 24 hours.
Here's how we go the extra mile to support you with your business expansion plans:
- Top-ups & repayment holidays – we understand that sometimes expansion projects don't always stick to their original schedule, which is why we offer top-ups and repayment holidays as standard during your loan term. This means you'll have breathing space built into your loan so that it can adapt to your specific expansion project and needs.
- Repay early, repay less – our Penalty-Free Promise means that you only pay interest for the time you had the loan, so if you find that your expansion project comes in under budget or ahead of schedule you can repay early for free and you’ll also repay less overall. This means you can take out a short-term loan to help expand your business and repay in full as soon as you're ready.
- A lower rate the second time you borrow - our Loyalty Pledge means that we promise to offer you a lower rate if you come back to us for more funding after your initial loan or £100 cashback, so we're always available to help if you want more finance to support other expansion projects later down the line.
At Fleximize, we love helping small business owners achieve their growth plans. If you run a small business and need a funding partner to help you secure the finance to move to bigger premises, purchase new equipment, or hire more staff, drop us a call on 020 7100 0110, and our team will be happy to answer any questions you may have and talk you through our products.
Or, if you're ready to get started with your next expansion project, you can apply for our award-winning business loans through our simple online form.
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