Fleximize business loans – 2020 review

With an emphasis on flexibility, Fleximize provides loans of up to £500,000 to SMEs and can top £1 million for larger companies.


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Fleximize is a direct lender (not a broker) launched in 2014 with the aim of providing small and medium-sized enterprises (SMEs) with the sort of financing options usually reserved for larger companies. The Ipswich-based lender says that banks and other big financial institutions have made it much harder than it needs to be for companies to get working capital.

With penalty-free early repayments and top-ups plus a repayment holiday facility, Fleximize is all about – you guessed it – the flexibility. It lends to a variety of industries including retail, construction, manufacturing and property.

Fleximize coronavirus business loans

Fleximize is an accredited lender for the purposes of the government’s Coronavirus Business Interruption Loan Scheme (CBILS). This means it is able to provide business loans to those that have been seriously impacted by the crisis.

Fleximize unsecured loans at a glance

Loan typeFixed rate unsecured loan
Loan amounts£5,000 to £250,000
Loan terms1 month to 2 years
Loan rate typeFixed
Funding speedFleximize states that funds are deposited within 48 hours of submitting a full application
Personal guaranteeA personal guarantee is required
Repayment holiday
Arrangement fee
Early repayment fee
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Fleximize will lend up to a maximum of two months’ revenue, so if your typical monthly revenue is £10,000, it’ll be able to lend up to £20,000.

Interest rates are fixed for the duration of your repayment period. However, the rate you’re offered will depend on factors like the amount you apply for, the term of the loan, the performance of your business and its credit rating. This may differ from the advertised “representative APR”.

You’ll benefit from ongoing support from a dedicated relationship manager plus exclusive discounts on market-leading business tools from Fleximize’s network of B2B partners.

Ticking yet another flexibility box, Fleximize can also review your company for a lending top-up provided you’ve met your first three monthly repayments on time.

Fleximize’s secured loans

Below £250,000, Fleximize can often provide loans with just a personal guarantee, but for all loans over this figure, it’ll need security.

Loans of £500,000 to £1m+ are also available to established companies on a tailored, case-by-case basis.

Am I eligible for a Fleximize business loan?

You should only apply for an Fleximize business loan if you’re certain you can meet the repayment terms. You must also meet the following eligibility criteria:

Minimum turnover£60,000
Minimum trading requirement6 months
Business typesLimited Company
Limited Liability Partnership
Additional eligibility infoFleximize will lend up to a maximum of two months' revenue.
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How can I apply?

  1. Complete the online application form with some details about your business. Fleximize will ask for all bank statements covering the previous 3 months of trading, the most recent set of management accounts and a summary of your previous 12 months’ revenue. You can upload these via the website once you have submitted your application. Depending on the complexity of your business, Fleximize may ask for further documentation.
  2. Receive a decision in principle within 24 hours.
  3. You will be allocated a relationship manager who will call you and take you through a proposal customised to your needs.
  4. When it gets your application, Fleximize will carry out a credit and affordability assessment based on the information you have provided, plus a search from a credit reference agency.
  5. After you’ve signed your finance agreement, your funding will be sent to your bank account within a few hours.

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The bottom line

With decent early repayment terms, the option to top-up loans and even to take “repayment holidays”, Fleximize is best-suited to companies with cash flow that isn’t 100% regular that would benefit from flexibility in paying back finance.

Frequently asked questions

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