Russell Gould, COO, Everline, said: “We’re continually reviewing our product to make sure it matches the changing needs of our small business customers. Our increased loan term will provide small businesses with even greater flexibility to access working capital for whatever their business need – be it cash flow, growth plans or stock opportunities.
“The increase also allows businesses to reduce their monthly repayments by spreading the cost of their loan over a longer term. If they choose to repay early, they can still do so with no additional fees and will only be charged for the time the money is borrowed for.”
Everline is the UK’s largest business e-lender having provided over £70 million and over 6,000 loans to help small businesses turn opportunities into reality since 2012.
Their smart lending platform cuts through old-fashioned finance practices to offer a real-time, transparent and convenient means for UK small businesses to access business loans any time of the day, any day of the year, from anywhere in the world.
