Business Loans

Business Loans

We have funders available who offer Unsecured Business Loans from approx £5K – £300K. The loans are generally from a few months to 5 years.

Decision making is generally a fast process and will involve a simple form, accounts, ID checks and bank statements with funds released quickly if approved.

What the loans can be used for

Most business purposes are OK. Recently businesses have been using loans to fund VAT repayments (not suitable if arrears exist), Corporation Tax, Deposits on hire purchase assets.

Interest rates on Business Loans

The main thing to remember about these loans is that they are unsecured, therefore it is likely that the interest rate may well be higher than a loan from your bank who has the benefit of security to rely on – however in the past some of the rates quoted we’ve seen have been comparable.

If you think a Business Loan may be helpful to your company please get in touch with us, we will put you in contact with a local manager of the funder who will progress your application.