Nucleus Commercial Finance

Nucleus Commercial Finance is a UK business lender offering alternative funding to small and medium-sized businesses. Its three core products are Nucleus Business Loans (unsecured term loans of £10k to £500k, up to 60 months), Enable (flexible funding of £10k to £350k, up to 48 months, offered when Business Loans criteria are not met) and Credit Builder (£3k to £25k, up to 12 months, weekly amortisation). The company also lists invoice finance, asset based lending, property and construction finance, and business cash advance among its categories.

Customers are UK businesses that need finance, which the company assesses through its credit specialists and relationship managers. Deals can also be submitted by brokers and introducers, who receive commissions for the business they bring in. Products carry interest rates and broker fees of up to 5%, depending on the product.

The company was registered in London in 2022 and its website states that it was founded in 2011 with a mission to offer UK SMEs alternative funding options. It states that it has lent over £2.9bn to businesses across the UK. Leadership named on the site includes founder Chirag Shah and Managing Director Mark Goldman. Its careers page lists openings in risk management, financial analysis, marketing and broker support.

Product: Unsecured SME term loans (Nucleus Business Loans, Enable flexible funding, Credit Builder short-term loans) with broker and introducer submission.