FAQs

We offer business loans from £10,000 to £150,000.

Loans are advanced over a period of 1 to 7 years, subject to criteria.

Your business should be located in or around the West Midlands.

For us, no viable business should go unsupported. Please fill out an enquiry form. Every case is assessed upon its own merits, so please discuss your situation with a BCRS representative when we contact you. This will normally be within 48 hours of receiving your enquiry form.

• The following security will be taken
• Debenture for Limited companies
• Personal Guarantees from all key parties

Further security may be requested if we think it prudent – usually for loans in excess of £50,000.  Every case is assessed upon its own merits, so please discuss this requirement with your Loan Officer.

On average our turn around time is two weeks. However, this is dependent on how quickly you send all required documentation over to us and the complexity of your loan application.  Every case is assessed upon its own merits, so please discuss with your Loan Officer.

Please contact the office on 0345 313 8410 or email enquiries@bcrs.org.uk

We always want the information we hold about you to be up to date and accurate.  If any of the information we hold is either incorrect or out of date, please contact us on 0345 313 8410 or email enquiries@bcrs.org.uk and we will amend it straight away, or complete the form in the ‘contact us’ section.

You can talk to us at any time. Please contact the office on 0345 313 8410 and ask for Vickie Roberts. Alternatively, please email Vickie.Roberts@bcrs.org.uk

In the first instance please contact your Loan Officer that helped you on your previous application. However, you can also contact the office on 0345 313 8410 where someone will be very happy to help.

We do not charge early repayment fees. We want your business to be a success so for us it doesn’t make sense to charge you for paying off your loan early.

Yes, you can. Please contact the office on 0345 313 8410 or email enquiries@bcrs.org.uk where one of the team will give you the required bank details to help you make your payment.

You have the right to request a copy of the information that we hold about you. If you would like a copy of some or all of your personal information, please email on customerrelations@bcrs.org.uk or write to us at BCRS Business Loans Limited, Technology Centre, Wolverhampton Science Park, Glaisher Drive, Wolverhampton, WV10 9RU.  We may make a small charge of £25 for this service.