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.
You’ll get a provisional funding offer within a few days, if your application is approved.
Receive your funds
We fast-track the paperwork to help you get the money fast.
When you’re serious about business growth, you’re also serious about raising funds to achieve it. Secured business finance helps you get access to these funds, by leveraging the value of assets already in your business. You’re turning past purchases - of property, machinery and equipment - into future opportunities.
We provide finance to business owners who have the vision and drive to take their already profitable company to the next level. Our secured finance helps them achieve their goals, using existing business assets as security.
Growing your business demands investment in more people, more products or more premises. This investment can often be raised more cost-effectively through secured business finance, where you’re using existing assets as collateral for the funds.
Our finance, of up to £500k over five years, can be secured against all the assets of your business, or against specific, high value property or equipment. By offering assets as security, you’re giving yourself a better chance of raising higher levels of funding at an overall lower cost.
How would finance of between £200,000 and £500,000 transform your business? This additional working capital can unlock a host of opportunities.
You can access larger amounts of finance through using your existing assets as security.
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.
Fast decision making
You need quick answers to your funding questions and our team works hard to deliver these.
You stay in control
It’s your choice how you use the funds you raise through us. You know your business better than we do.
Finance is free of interest charges
A fee for the arrangement is agreed in advance. You pay no interest on the funds you receive from us.
We provide funds for small and medium-sized firms across many industries, which are serving their communities by providing valuable products, services and jobs.
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
Invest in business growth to unlock new opportunities in your market.
Invest in your future
A fresh injection of working capital can ease cashflow pressures and give you more space to lay and implement plans for the months and years ahead.
Invest in your team
With the extra funds you could hire and train more people, giving you more capacity to serve a growing customer base.
Invest in new systems
Boost efficiency and productivity by upgrading your critical business systems, such as stock control, manufacturing, ecommerce or accounting. 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 in your industry or region. Use our secured business finance to seize them and to thrive.
We charge an arrangement fee ranging from 5% to 7% that is paid by the small business seeking financing on drawdown of the funds. In practice, it will be retained from the advance.
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:
Unsecured business loans typically include a personal guarantee. A personal guarantee (when referring to unsecured loans) is a type of unsecured loan agreement.
Unlike a secured loan agreement, an unsecured loan does not obligate the business receiving the loan to give up collateral (business assets) if the business defaults on payment.
The lender may still be able to take your collateral, but not without a court’s permission. It is typical for non-Sharia-compliant businesses to charge a higher interest rate for unsecured loans; whereas secured loans have lower interest rates.