Art Business Loans: Finance For Art Businesses And Galleries

Merchant Cash Advance

Through our merchant cash advance, your art business can receive a cash advance between £5,000 and £500,000 quickly and conveniently. Our online application is nice and simple and takes just a few short minutes to complete. Once you have applied for funding with us, you will receive a phone call from one of our account managers, and after all the documents have been submitted and approved, you can expect to see funding in your bank account within as little as 24 hours. Repayments will be taken automatically, from a small percentage of your monthly card sales revenue. Your art business will retain all revenue generated through cash sales, and there will be no interest rates to pay.

Art Business Loans

SME Loans can also provide you with art business loans. You can look to borrow anywhere between £1,000 to £500,000 through our unsecured art loans, providing your business with the financial support it requires to thrive. Funding will, again, be supplied rapidly to your account within as little as 24 hours, your repayments will then be made in monthly installments, at a pre-agreed interest rate.

Can I Get A Loan For My Art Gallery Business?

Because we look at the bigger picture and base approval largely off the financial performance of your business, we are able to offer finance to a whole host of businesses. As such, our funding products are widely accessible, and we even offer bad credit business loans especially designed to provide financial support to businesses who are struggling to secure funding due to their credit rating not quite being what it should.

What Can I Use Art Business Loans For?

An art business loan can be used in whatever way you require, benefiting your company’s growth and expansion. Our business loans are popularly used to support marketing campaigns, rebranding, equipment purchases and simply to rapidly improve cash flow and provide security during financial emergencies.

Is My Art Business Eligible?

Qualifying Criteria

To find out whether your business is eligible for funding with us, check that your business:

• Is registered in the United Kingdom
• Has been actively trading for a minimum of 6 months
• Has a monthly turnover or monthly card sale transactions of at least £5,000
• Has a business owner over the age of 18 years
• Is a limited company and/ or a sole trader

How To Apply

Step 1:

Click to apply. We will initially ask you to provide us with the following details:

• The name of your art business
• How long your company has been trading
• Your business’ average monthly turnover
• The amount you are looking to borrow

Step 2:

The next step involves disclosing your personal information. We will require from you:

• Your title, first name and surname
• Position in the business
• Contact details

Step 3:

Take time to carefully read through our terms and conditions and click ‘get my quote’. From here your application will be reviewed by one of our approved business finance suppliers, who will help find the best lender for your art business loan.

Step 4:

Please expect a call and email from one of our dedicated account managers to discuss the terms of your loan agreement.

Step 5:

Read through the terms of agreement thoroughly, sign the relevant documentation and return it to the lender. You will then be able to access the funds in your account in just 24 hours.