How long does it take to approve a business loan?

The length of time it takes to approve a business loan depends on the type of funding you have applied for. Some products, such as Merchant Cash AdvanceFlexible Loans or revolving credit have a very short turnaround and the approval process can take as little as 2 business days. Other types of funding, such as Start-Up Loans or Equity and Grant finance have a much longer approval process which can take several months. are the most common type of shares, and most companies use ordinary shares in British pounds (GBP). If you need more than one type of share, you’ll need to use a different service to register your company as Tide only offers applications using ordinary shares. Ordinary shares give a shareholder the following rights;

• One vote per share on company decisions

• Receive a share of profits as dividend payments

• Receive a share of capital, for example, if the business closes down