FAQs
Any other questions?
We know this world can be confusing, we're here to help!
PlayterBoost is a short term cashflow loan, allowing you to invest in areas of your business to help plug cashflow gaps, as well as invest in growth.
How does PlayterBoost benefit my business?
By giving you a short term liquidity, Boost can help you through tougher cashflow times, but also allow you to invest in the areas of your business that you know will generate growth. It's quick, easy and competitively priced!
How do I know if my business is eligible?
If you're a UK Limited Business, with a minimum of £250k in turnover and have been trading for at least one year, it's likely we will be able to help!
Do I have to offer a personal guarantee?
To access the Boost loan, a personal guarantee is required. You need to be a UK homeowner with enough equity in your property to cover the loan.
What are the fees associated with a Boost loan?
Our prices start at 1.5% per month, meaning we are nearly 60% cheaper than the market standard with other alternative lenders.
What is the maximum repayment length?
You're able to choose repayment terms from 2-12 instalments, with the maximum being 12 months.
What can I use the loan for?
You can use the loan for practically anything. If you are refinancing another loan, we need to understand the other details of the loan to help offer you a competitive rate.
What happens if I miss a payment?
We strongly advise you to keep up to date with all payments, but we're here to work with you if you're unable to make payments on time. Please reach out to your account manager for more details.
What securities do you take?
Although Playter in unsecured, we sometimes ask for Personal and Corporate Guarantees, depending on the business risk. Right now, we do not take any charges on your business or properties.
Boost your cashflow today
Boost your business growth and say goodbye to cashflow problems with Playter's short term, cashflow loan.