Welcome to Swishfund
Quick financial power for your business
Funds can be in your account in 24 hours
Repayment term up to 24 months
Apply for £10,000 up to £400,000
Applications can take just 3 minutes.
We are Swishfund...
For entrepreneurs, by entrepreneurs
We understand the ambition to grow your business.
That’s why we can provide you with the right business loan,
giving you the confidence to take your next step.
Your business loan in
3 easy steps
1. Your loan amount and purpose
Make an online application through the link below and let us know how much you want to borrow.
2. Your business' financial information
We'll need the most recent full set of filed Accounts (i.e. with the P&L and Notes), and a PDF of a recent business bank statement.
3. Twelve months of business bank transactions
Through a secure bank connection, you grant permission for us to link to your bank in order to download your banking transactions. We will then be able to quickly assess affordability and eligibility for funding. We're fully transparent and we'll always give you a complete explanation for our pricing and decisions!
Swishfund in numbers
Swishfund Ltd is a subsidiary of our Dutch parent company, Swishfund B.V. (a regulated business in the Netherlands).
As a Group of Companies, we have the following results so far....
financed
businesses
loans issued
Trustpilot
The Swishfund Group has helped 7,000+ entrepreneurs
Swishfund UK is internationally recognised for our flexible, pragmatic and respectful
values and culture.
Contact us today
Do you have questions or need assistance with your business loan application? Our expert team is here to help.
We’re available on weekdays from 8:00 a.m. to 6:00 p.m.
Want to know more?
Once you have accepted an offer from us, there are a few Know-Your-Client steps that we must take, but for loans up to £75k we can have the funds in your bank within a couple of hours of your acceptance. For loans above £75k up to £400k, we can deposit the money into your business account within 48 hours.
The application itself takes 3 minutes. After a working day, we will contact you by email or phone to discuss the first results. Based on this, we may request additional information. We strive to have the money in your business account within 24 hours for loans less than £75k, and within 3 working days for loans up to £400k.
For more information on the application process click here.
You can only use the loan to finance any legitimate business activities. Due to our very favourable early-settlement terms, Swishfund is the“perfect working capital bridge” for your financial needs. You can read more about our loan purposes here.
Yes, you can.
If you wish to make a bulk payment, we can (a) apply those funds to the end of the loan, thereby saving you some interest, or (b) apply those funds to the next few payments, pausing the direct debit until the funds are used up, or (c) reduce the amount of each of your future repayments.
You can always repay the whole of the loan earlier too. We do not charge any early settlement fees, but you still must pay the agreed interest to the end of the calendar month of settlement. We charge interest on a straight-line basis (rather than amortising like many other lenders), which means that we do not front-load the interest, and when you are halfway through the term of a Swishfund loan you will have repaid half of the amount you borrowed.
The cost of your loan comprises a one-off arrangement fee and a monthly interest rate. The amount of these costs is a percentage and therefore depends on the amount you wish to borrow. The arrangement fee is added to the loan, so you do not need to make any payment to have your application assessed or to receive the funds.
The arrangement fee covers our marketing and operational costs. The amount of the arrangement fee may be split with your finance broker, if applicable.
The monthly interest is determined based on your company's risk profile and ranges between 1.1%-3% per month based on the total loan amount. You can read more about how interest is calculated here.
We only provide loan funds to limited companies that are registered at Companies House in the United Kingdom, and that have a business bank account. In addition, our customers must have a turnover of at least £50,000 in the past year, and have filed at least one set of Annual Accounts at Companies House.
For more information on the necessities for a loan application click here.