GRID business loans are designed to be short-medium term finance and are most suited for working capital purposes. The loans are designed to be a rolling credit facility over time and once onboarded you will be building up information and credit history with GRID to support further applications. Each individual loan(s) runs for up to 12 months but we can design funding solutions with multiple drawdowns over time (tranches).  Shorter term finance solutions may also be more suitable for your business i.e. to replenish your stock more frequently and your GRID facility will be repaid in time for when you want to complete a new stock order.

You can apply for additional facilities during the course of your GRID loan by simply accessing your GRID account, GRID will also contact you when you have repaid your current loan sufficiently to invite renewal applications.