How it works when inless loans money
When a business borrows from other lenders...
It fixes:
- how much it will borrow
- how long it will borrow it for
- the rate of interest it will pay
- the regular monthly repayments this will result in, or the lump sum repayment charge it will incur.
When a business borrows from inless...
It:
- fixes how much it will borrow
- can retain that loan for up to 5 years.
- or can repay as soon as it wishes to, without penalty.
- pays us a percentage of any profit it records, proportional to the size of the loan in relation to the value of the business’s assets, in each month that it has the loan and records a profit.
- makes no payment at all in any month in which it does not record a profit.
FAIRER
We share the risk with you.
CHEAPER
It costs less to borrow money from inless.
FASTER
Superfast online approval and advance.
FLEXIER
Flexibility is built in to our model.
Borrowing from inless costs less
We’ve run the numbers.
We’ve tracked the key competitive UK business lenders (banks and fintech lenders).
If a typical business borrowed £15,000 from inless for 12 months, it might expect to pay a total of £468.50 in profit share – an APR of 5.77%
The same business borrowing the same sum for the same period from a UK high street bank or major fintech lender might expect to pay between £558.18 (6.87% APR) and £5,183.00 (63.79% APR) in interest.
BORROW
£15,000
for 12 months
PAY inless
£468.50
APR 5.77%
PAY ANOTHER LENDER*
£558.18 - £5183.00
APR 6.87% – 63.79%
Investors. The opportunity is now.
inless invites interest from investors with a taste for revolution.
Inless Limited
Scale Space
White City Imperial College Campus
58 Wood Lane
London
W12 7RZ
United Kingdom
+44 758 788 4358
contact@inless.co.uk
