Once you've created your account and paid your onboarding fee; we'll review your account and upload your application to the FCA. It will take around 3-5 days for Kanda to review you and up to 30 days for the FCA, but typically it's much faster than that.
We have no minimum turnover requirements and sole traders can absolutely use Kanda. You do need some online trading history or clear evidence of your business trading - which most people have.
Your customers can finance anywhere between £250-£25,000 over our various finance options. Then can also match that with a deposit of the same amount.
It takes less than 30 seconds for your customer to be approved and they will need around 5 minutes to complete the application form. It really is finance in 5 minutes.
No, you will become an introducer appointed representative or 'IAR' of Kanda. This means you can introduce customers to Kanda so they can obtain credit.
Kanda was started by an electrician from Worcestershire named Richard. He was frustrated to quote for work only to find out that customers didn’t have any way to pay. He didn’t just want more work — he wanted better work — and quality customers.
Who are Kanda? We’re English. We’re contractors. And we’re here to help you grow your business.