Apply online in minutes
Tell us about your business using our simple online form.
We approve you based on your business performance. Our soft search does not impact your credit score.
Decision in two days
You’ll get a funding offer in less than 48 hours, if your application is approved.
Receive your funds
Receive the money within 2 days of your offer being funded.
Being Sharia-compliant means our finance solution is managed in line with Islamic principles. In business, these principles are about managing commercial activities in a way that benefits the community. It also means avoiding industries that are considered damaging, such as those involving alcohol, tobacco and gambling. These principles also require the avoidance of paying or receiving interest, which is why our business finance is interest-free.
Any UK-based manufacturer can apply for Islamic finance. It’s simply an alternative to a traditional business loan. While being Sharia-compliant will have a special appeal to Muslim business owners, non-Muslims can also benefit from our ethical approach.
Our funding differs from financial products such as loans and invoice finance because it’s an interest-free method of raising working capital.
Access flexible, affordable finance of between £25,000 and £200,000 to invest in growing your business.
Your valuable manufacturing assets are not tied to the finance as security, leaving you in full control of how you manage them.
Apply in minutes
We don’t ask for very much of your time in the application process - just enough to give us the information that we need, nothing more.
Prompt access to cash
The money is in your bank account within two working days of your offer being fully funded.
You stay in control
It’s important that you determine how the funds are used, because you know your business better than we do.
There are no interest payments. Instead, we do charge a rate (i.e. profit rate) that’s set in advance and a processing fee, which is agreed with you at the start.
Socially responsible finance
We’re committed to providing access to finance for businesses and organisations that make a positive contribution to communities. This includes small and medium-sized firms across many different industries.
It was great working with Qardus for a second time to raise this working capital facility. The additional funding will help support stock control to service the high demand we are currently experiencing. Thank you for making the process from end to end seamless and straightforward, we highly appreciate it.
Shahid Khan, Director, Biomed Care Services
Allow our unsecured funding to help your manufacturing business thrive
Reduce cashflow pressures
Give yourself space to think and plan, without worrying about cashflow during busy production cycles.
Take advantage of larger discounts
With the extra funds, you could buy materials in larger quantities, opening up bigger discount opportunities and economies of scale.
Upgrade your systems
Improve the quality and speed of your production process by implementing newer, faster, more efficient equipment and software.
Invest in growth
You know where the growth opportunities lie for your business. Use our unsecured business finance to seize them and to thrive.
Our fee structure is simple and transparent:
An administration fee of 15% of arrears may be applied to any repayments that are more than 7 days late.
If your facility is placed into default, we may charge an additional collections charge of up to 15% of the outstanding financing amount at the time of default.
Your application to obtain funding on the Qardus platform can take minutes to complete. Once this is done, our credit assessment team will review your complete application and get back to you within 48 hours (2 working days).If your application is approved, you have agreed to your financing agreement and have set up your Direct Debit, your financing request will automatically be listed on the marketplace so that registered Qardus investors can review it and offer to fund your business. Your financing facility can fund over a period of up to 14 days, although most financing arrangements fund in just a few days. As soon as it's 100% funded your listing will close and we will send you a confirmation email. As long as your financing facility is fully funded before 3pm on any working day, we will transfer the funds into your designated business bank account the same day. (NB: Funds can take up to 3 days to reach your account).
The total cost of your financing facility includes the rate you pay to investors, and Qardus fees. The rate (i.e. profit rate) your business pays back is determined by a number of factors, including the risk band your financing facility is given during our credit assessment process, and the length of repayment term. Your facility will be allocated a risk band once you have submitted your complete application to obtain funding on the Qardus platform.
Qardus currently provides the following type of financing: