At Meta, our principal aim is to support clients in achieving their long term strategic goals. As such, we are delighted to announce our Partnership with Caple, to access unsecured loans of £0.5m to £5.0m on terms of between 5 and 8 years. Caple Loans offer long term flexible finance to support our clients strategic goals and accelerate growth.
Our relationship with Caple addresses the funding gap in the market where traditional lenders are unable to provide longer term unsecured credit. Caple extends the debt capacity of established SMEs through loans provided against future cash flows rather than security.
Meta and Caple believe loans should be straightforward, processes concise and pricing fair. Loans attract a fixed interest rate of between 6% – 12% and amortise in a straight line over their term. Lending is truly unsecured with no personal guarantees, debentures or warrants and can be used to for a variety of applications including working and development capital, fixed asset investment, acquisitions, management buy-outs, management buy-ins and share buybacks.
If you are an established business with more than two years trading history, as Caple's Partner, we act on your behalf to assess the eligibility of your proposal and prepare your credit submission. This includes developing your strategic and financial plan sufficient to meet the requirements of the Caple credit committee.
Once your submission is made, the lending process takes between two to three weeks and Meta manage the process on your behalf all the way to drawdown. We help you through the term of your loan managing your quarterly reporting requirements – allowing you to get on with growing your business.
For any further information contact Scott Taylor
"Meta certainly helped streamline the process and provided vital co-ordination throughout the sale, particularly during the due diligence phase."