We’re Powering Automotive Growth with Our New Business Lending Division

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We’re Powering Automotive Growth with Our New Business Lending Division

We’re Powering Automotive Growth with Our New Business Lending Division 1200 628 Payment Assist Blog

As the UK’s leading provider of Buy Now Pay Later (BNPL) and retail finance solutions for the automotive sector, we are thrilled to announce a brand-new business lending that is designed to boost the growth of businesses across the UK.

Supporting Your Business

Through this new offering, you can get access to fast, flexible business lending directly through Payment Assist, which helps you invest in new tools, expand operations, and manage cash flow with ease.

This comes in the form of business loans, merchant cash advances, invoice finance, and business credit cards, all to give you access to fast, flexible funding when you need it.

“This is more than just a product launch, it’s a natural evolution of how we support the industry. By offering broader finance solutions alongside our core BNPL platform we’re making it easier than ever for our merchants to grow with confidence.” – Marcus Gregory, CEO of Payment Assist.

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Why We’re Offering Business Lending

Providing business loans for companies across the UK is all about giving you more control. We’ve always said we’re here to support the trade, and now that support goes beyond customer finance.

With these new lending options, we’re backing your business directly, which helps you to grow on your own terms with funding that fits your operation. If you’re a small independent business or a busy multi-site organisation, our goal is to make your business finance easier, faster, and more useful.

Flexible Business Lending, Built for You

We’ve made it quick and straightforward to access funding, with flexible options ranging from £1,000 to £10 million. Whether you’re covering short-term cash flow or planning a bigger investment, we connect you with a network of trusted UK lenders in just a few clicks.

There are no upfront fees, and checking eligibility won’t impact your credit score. Just tell us how much you need, answer a few simple questions, and securely link your business bank account. Our smart technology instantly compares quotes from top lenders to show you tailored offers that match your needs.

You stay in total control throughout the process, but we’re on hand to guide you through exploring your options to completing the application. There’s no jargon, and there aren’t any hidden costs, just finance that works for the way you run your business.

 A middle-aged businessman in a suit and glasses discusses a document with a colleague across the table in a bright office.

Want Smart Business Loans for Your Business?

If you’re ready to grow, we’re here to help. Our new business lending options are built for the real-world needs of companies across the UK. You can check your offers in minutes, compare terms, and choose the funding that works for you without any pressure or hassle.

To find out how we can help you, get in touch with us today or head to our business lending page to learn more.

FAQs

What types of business lending are there?

We offer business loans, merchant cash advances, invoice finance, and business credit cards. All are designed to help automotive businesses access fast and flexible funding.

Do I have to be an existing Payment Assist partner to apply?

No, our business lending options are open to any eligible business, whether you already use our customer finance tools or not.

Will this affect my current Payment Assist setup?

Not at all. If you already use our buy now, pay later, or 0% finance options, nothing changes. Business lending is an additional service you can choose to use.

How quickly can I access the funds?

Once approved, funds can often be made available within 24 to 48 hours, depending on the lender and the product you choose.

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