Cashflow loans

Term funding without security against assets.

Unsecured and lightly-secured term loans for growth, acquisitions, and restructure events.

What it is

What cashflow loans means at Bedrock.

Cashflow loans are term debt priced against the business's trading performance rather than its asset register. Underwriting turns on EBITDA, leverage multiple, debt-service coverage, and the quality of the management information that supports the projection.

These facilities are typically used to fund acquisitions, MBOs and MBIs, dividend recapitalisations, and growth events where the company has the earnings to service debt but not the asset base for ABL or commercial mortgages. Pricing reflects the absence of hard collateral.

We work with both clearing-bank cashflow desks and specialist debt funds. Bank cashflow tends to price tighter but covenants harder. Specialist funds price wider but offer more structuring flexibility. The right answer depends on what the borrower values more: the headline rate or the operating freedom.

Who it's for

Common deal profiles.

Three patterns we see most often. The first conversation finds out which one you're closest to.

Growth-stage businesses
Profitable trading companies funding expansion, new product lines, or geographic launch without diluting equity.
MBO and MBI teams
Management buy-outs where the operating business generates the cashflow to service term debt alongside any vendor loan note.
Restructure and refinance events
Replacing a maturing facility, consolidating multiple debts, or releasing equity through a recap.

How we structure it

Facility shape and timeline.

Loan sizes: £500k to £20m+
Typical terms: 3-7 years, often amortising with a balloon payment
Security: Debenture, intercreditor with other lenders, personal guarantees considered case by case
Timeline: Indicative terms once we've sounded out the right funders. Drawdown 4-10 weeks depending on diligence depth.

Sectors