Hitachi coronavirus business loans
Hitachi 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 and finance options to those that have been seriously impacted by the crisis.
Founded over 100 years ago, Hitachi is a Japanese company with 11 different business components, including financial services. Its mantra is “Inspire the next”, and it was voted the UK’s Best Direct Loan Provider by Your Money for the past four years.
Hitachi offers several different types of finance to support your business. It’s straightforward to apply via Hitachi’s website.
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Hitachi business finance options
Hitachi offers different types of financing for your business, including asset, invoice and franchise finance. Whether you’re starting a new business or looking for a boost to the next level, Hitachi offers funding of up to £500,000.
Asset finance. If you’re a small or medium-sized enterprise (SME), asset finance can help you spread the cost of business purchases, such as manufacturing equipment or software.
Invoice finance. When you invoice a customer, Hitachi will be able to pay you a chunk of the money straight away, with the rest of the money being paid to you when the customer pays. This means you won’t be left out of pocket when you are waiting for a customer to pay, although you will have to pay a small charge.
Franchise finance. This funding option from Hitachi allows you to spread the cost of either starting or expanding your franchise.
How does Hitachi compare to other asset finance providers?
Compare invoice finance from lenders like Hitachi
How can I apply?
Hitachi offers a quick online application form, and says it will give you a decision in minutes.
If you want to apply, simply visit the website and fill in the online application form. You will need to provide both your personal and business details, and more information might be required before a decision.
When applying, it is helpful for you to have the following information close by:
- Business name and address registration number
- 3 sets of accounts filed at Companies House
- Director guarantees
Frequently asked questions