Business loans
Business loans
Secured and unsecured lending to help your business invest, grow or manage the unexpected. Available from around £25k to £5m+ through our panel of specialist lenders.
A business loan is a set amount of money borrowed by your business and repaid over an agreed term.
Good for
How it works
- 1
Tell us the plan
What you need, roughly how much and what it is for. No essays required.
- 2
We search our lender panel
We match your business with specialist lenders and explain the options in plain English.
- 3
You decide
Like an option? We help you see it through. If not, no hard feelings and no obligation.
The detail
So what exactly is it?
A business loan is a set amount of money borrowed by your business and repaid over an agreed term. Loans can be unsecured, or secured against business or personal assets, and are used for almost any business purpose, from growth plans to refinancing existing debt. The options available depend on your trading history, your finances and each lender's criteria.
What can it be used for?
- Expansion and growth
- Hiring and training
- New premises or a refit
- Marketing and new product launches
- Buying stock or equipment
- Refinancing existing debt
- Business acquisition
What we'll need from you
- A short summary of your business and what the funding is for
- The amount you would like and the term you have in mind
- Recent filed accounts and up-to-date management figures
- Recent business bank statements
- Details of the directors or owners
- Details of any existing borrowing
Questions
What is the difference between secured and unsecured business loans?
A secured loan is backed by an asset, such as premises or equipment, which the lender can rely on if the loan is not repaid. An unsecured loan has no specific asset as security, although lenders often ask for a personal guarantee from directors.
Can a newer business get a business loan?
Some lenders work with younger businesses, although options tend to widen as a business builds a trading record. We will be honest with you about what is likely to be available.
What can a business loan be used for?
Almost any legitimate business purpose, including growth, equipment, stock, refits, refinancing and acquisitions. Lenders will want to understand how the money will be used.
Will the lender want a personal guarantee?
Many lenders ask directors for a personal guarantee, especially on unsecured lending. We will explain what each option involves before you decide.
Business finance only. We only help with unregulated, business-purpose lending, for example to limited companies or for business use. We can't help with regulated mortgages, consumer credit or loans secured on a home someone lives in.
Also see: Working capital and cash flow finance · Invoice finance · Asset finance · Commercial mortgages · Bridging finance · Development finance
Ready when you are.
Get a free, no-obligation quote. Finance subject to status.