Funding options
New equipment. A bigger space. Breathing room between invoices. Understand how six business funding routes work, what they cost, and what you’re committing to.
Plain-language guides. No application. No credit check.
Start with what your business needs.
Explore by purpose
Start with the job the money needs to do. Explore the structure, costs, and commitments behind each route.
6 educational routes · General categories, not an eligibility result
Borrow once. Plan ahead.
A fixed amount borrowed once and repaid over a set period in regular instalments, secured or unsecured.
Room for the in-between.
A limit you can draw down, repay and draw again, with interest charged on what is outstanding.
Put the next tool to work.
Funding tied to a specific item of equipment or a vehicle, structured as hire purchase or a lease.
Work done. Payment pending.
Money advanced against invoices you have already issued, repaid when your customer pays.
Understand the full cost.
A lump sum repaid as a fixed share of daily or monthly takings until an agreed total is repaid.
A defined purpose. A clear exit.
Borrowing secured against commercial or, in some cases, personal property, often short-term.
Side by side
A general comparison of purpose, repayment, and risk. Individual provider terms can differ.
| Funding route | Repayment | Typical purpose | Security | Principal risk |
|---|---|---|---|---|
| Business term loan | Fixed installments | One known cost | May require assets or guarantee | Paying for the full sum from day one |
| Business line of credit | On the amount drawn | Recurring timing gaps | Varies by facility | Limit may change at review |
| Equipment & asset finance | Across the asset term | Equipment or vehicles | The funded asset | Obligation can outlast useful life |
| Invoice finance | When customers pay | Invoice timing gaps | Invoice ledger and possible recourse | Unpaid invoices may return to you |
| Merchant cash advance | Share of takings | Urgent short-lived need | Often a personal guarantee | Fixed cost can be expensive when repaid fast |
| Property & bridging finance | Usually on a dated exit | Purchase, refinance or bridge | Commercial or personal property | Property is exposed if the exit slips |
Make it practical
Look beyond a headline rate. Explore the cost of borrowing before comparing individual offers.
Use the funding cost calculatorWork through a practical checklist of the business records that help tell your story.
Open the preparation checklistNoDocMoney is a business funding advisor, not a lender. These guides are educational, not offers of credit. Eligibility, documentation, pricing, and terms depend on the provider and your circumstances.
