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Is Nest Business Loans trustworthy?

nestbusinessloans.co.uk

Nest Business Loans is a UK business lending platform that matches companies with funding from a network of more than 200 lenders. It covers unsecured loans, government-backed schemes and finance for cashflow, invoices and assets. The company has been around since 2015 and is based in Ingatestone.

Checkuno helps you determine if a business can be trusted based on reliability signals, experiences and business information.

Checkuno Score

How is the Checkuno Score calculated?

The Checkuno Score gives an indication of how much a business can be trusted. The score is determined using various reliability signals, such as business information, domain data, reputation indicators and other relevant factors. The score is meant as an aid in assessing a business and is not a guarantee or definitive judgement.

92 /100
Very positive

Score Breakdown

Visual representation of the Checkuno Score.

Excellent
70%
Good
23%
Average
3%
Poor
2%
Bad
2%

Checkuno Insights

Application process

How the application is handled is a recurring discussion point. Interactions with staff during the process are mentioned regularly.

Speed of funding

The speed of securing funds is a recurring theme. Turnaround times and completion of applications are discussed regularly.

Communication

Communication throughout the process is a recurring topic. How information is explained at each stage is raised regularly.

Guidance

Guidance during the funding process comes up across many experiences. Updates at each stage are mentioned regularly.

General impression Mostly positive

The overall picture is largely positive. Experiences centre on the application, speed and communication.

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Alerts & Warnings

No active alerts

There are currently no active warnings for this business.

Company Information

Category
Finance
Registered since
2022
Domain age
4 years
Country
United Kingdom
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About this business

Background

Nest Business Loans is a business lending platform based in Ingatestone in the United Kingdom. The company has been around since 2015. It is authorised and regulated by the Financial Conduct Authority. It is also a member of the National Association of Commercial Finance Brokers.

Funding products

The platform compares lenders and matches businesses with funding suited to their situation. It offers unsecured business loans ranging from £10,000 to £5m. It also provides access to the Growth Guarantee Scheme of government-backed loans. Further options include cashflow facilities and merchant cash advances. Invoice finance and asset finance for equipment or vehicles complete the range.

How it works

The company works with a network of more than 200 lenders. Its application can be completed quickly and offers can follow within a short window. The platform evaluates businesses on measures such as disposable income and expected cashflow. Guidance is provided through each stage of the funding process.