Elect Capital is a UK business finance provider operating under its parent group, Merchant Finance London Limited (Companies House number 16106576). The lender specialises in delivering unsecured, short-term working capital loans and merchant cash advances to businesses operating across the United Kingdom. Rather than requiring physical asset collateral, Elect Capital evaluates business cash flow and revenue data to deliver fast, same-day funding decisions.
Business Finance Products Offered
Elect Capital directly provides business finance designed to assist trading entities with cash flow management and operational growth:
Business Loans: Elect Capital offers unsecured business loans for short-term working capital needs. Because these loans do not require physical asset collateral, approval is based on an assessment of the business's trading performance and financial health.
The provider's core specialisms include business loans, short term loans, working capital loansand unsecured business loans. By assessing live revenue metrics rather than physical security, Elect Capital provides an alternative funding pathway for companies that require rapid access to capital, so your eligibility and the amount you can borrow increases as you show that you can repay.
Elect Capital Overview
The table below provides a summary of Elect Capital's key operational details, product range, and criteria:
Feature | Details |
|---|---|
Provider Type | Lender |
Parent | Elect Capital UK Ltd |
Companies House Number | 16106576 |
Products Provided | Business loans |
Specialisms | Business loans, Unsecured business loans |
Minimum Deal Size | £25,000 (£5K for growth loan) |
Maximum Deal Size | £750,000 |
Minimum Monthly Revenue | £25,000 (£10k for growth loan) |
Trading Requirement | Minimum 12 months (6 month for growth loan) |
Eligible Business Types | UK limited companies and partnerships |
Sole Trader Eligibility | Not stated |
Access Routes | Broker, Direct, Intermediary |
Who Elect Capital Suits
Elect Capital is designed to serve established UK businesses requiring fast access to unsecured working capital. Ideal applicants are limited companies or partnerships that have been trading for a minimum of 12 months and generate at least £25,000 in monthly revenue.
Because the lender relies on cash flow and revenue data evaluation, it is well suited to businesses with strong monthly revenue streams that want to avoid pledging physical assets or property as collateral. Conversely, Elect Capital does not cater to sole traders, newly formed businesses, or companies with less than 12 months of operational history or under £25,000 in monthly revenue.
Eligibility Criteria and Deal Sizes
To qualify for funding with Elect Capital, applicant businesses must meet a defined set of criteria:
Business Structure: Applications are accepted from UK limited companies and partnerships. Sole traders are not eligible.
Trading History: The business must have been trading for at least 12 months.
Revenue Threshold: A minimum monthly revenue of £25,000 is required.
Funding Range: Facility sizes start at a minimum deal size of £25,000 and reach up to a maximum deal size of £750,000.
Collateral Requirements: Elect Capital provides unsecured funding, meaning physical asset collateral is not required. Decisions are based on cash flow and revenue data evaluation to support same-day funding decisions.
How to Access Elect Capital Funding
Businesses looking to secure funding from Elect Capital can access its financial products through three primary routes:
Direct: Applicants can apply directly to Elect Capital via its website (https://electcapital.com/uk).
Broker: Business owners can work with a commercial finance broker like SME Money could submit an application to multiple providers and secure better terms.
Intermediary: Financial advisors and intermediaries can introduce client applications to the lender.
Comparing Funding Options with SME Money
While Elect Capital provides unsecured business loans and merchant cash advances, selecting the right funding partner requires comparing various lenders across the UK market. Different providers offer varying facility terms, structures, and eligibility criteria that may better suit your commercial requirements.
SME Money connects UK businesses with specialist brokers who search over 70 lenders to find the right funding without the bias of a single bank. Whether you are exploring an unsecured business loan or evaluating a merchant cash advance, our broker network can help you review multiple options alongside Elect Capital to secure optimal financing for your business.