Acorn Fund

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Acorn is a business-to-business lender providing loan finance to sole traders, Limited companies, partnerships and LLP’s. The minimum loan amount is £50,000. Loans are secured, normally against land or property.

Personal guarantees and debenture required when lending to limited companies. Loans can be for any purpose – such as property purchase, property development, working capital, property alterations etc. Any business sector is considered.

Interest rates typically between 8% per annum to 12% per annum fixed, with maximum loan terms of 10 years. The loan interest can be repaid interest-only or repayment. In some cases, interest can be accrued

A 1% loan arrangement fee of the loan amount is charged as a setting up fee which can be added to the loan or paid separately.

Eligibility Information 

• Any business sector considered
• Minimum 3 years evidence of trading or relevant previous business experience
• Applicants are required to evidence good personal credit history