Repayments are only made when you get paid so if you have a quieter month, you pay less.
Sanjeev Patel, managing director of CNG Business Services says that this product will appeal in particular to leisure sector clients such as restaurants, hotels, bars, also to the motor trade, hair & beauty salons, florists and dentists in particular.
Funds can be used as required including for premises refurbishment, new stock or business hardware, advertising or cash flow.