Checkatrade Labs, the tech-driven business incubator, has launched Business Loans, a new initiative aimed at helping trades unlock the funding they need to grow. Developed in partnership with Think Business Loans, this new initiative gives eligible Checkatrade members access to various finance options, including asset finance, invoice financing, business mortgages, etc. Trades can now explore funding solutions to support their growth ambitions, whether hiring new staff, investing in equipment, or purchasing a van. Through a co-branded landing page built in partnership with Think, trades will complete a quick eligibility check and receive customised offers from a panel of trusted lenders without impacting their credit score. Checkatrade acts solely as an introducer under an IAR (Introducer Appointed Representative) arrangement, ensuring trades are connected to expert funding advice and services. Trade companies can explore loan options from a panel of over 100 lenders and borrow from £25,000 up to £10 million.
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