Compare Business Loans

  • Business loans are available for companies of all sizes and industries
  • You can compare loan amounts and term lengths in our comparison tables

Choose a type of business loan to compare...

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THINK Business Loans
Call THINK Business Loans today -
  • THINK work with over 200 Commercial Lenders to find the right loan for your business
  • MINIMUM 6 Months trading History
  • Unsecured Business Loans from 1.9% APR
    • THINK Business Loans logo
      Broker

      THINK Business Loans

      • THINK's iFunds matching platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
      • THINK are the UK's leading SME lending specialists; their experts are on hand to guide you through the process
      • Find the perfect loan in minutes - Make the lender work for you
      • Minimum Turnover
        £100,000 p.a.
      • Available Amounts
        From £25,000
      • Available Terms
        1 month to 30 years

      Company details

      Eligibility criteria

    • Funding Circle logo

      Funding Circle

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £5,000 to £1,000,000
      • Available Terms
        6 months to 5 years

      Company details

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees

      Eligibility criteria

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees
    • iwoca logo

      iwoca

      • No hidden fees or long term commitments
      • Apply online in minutes
      • Approval within 48 hours, in some cases instantly
      • Minimum Turnover
        No minimum
      • Available Amounts
        £1,000 to £150,000
      • Available Terms
        up to 12 months

      Company details

      Eligibility criteria

    • Yorkshire Bank logo

      Yorkshire Bank

      • Quick and easy online business loan application for short and long-term finance options
      • Apply in 10 minutes with an instant response and if approved, funds are sent on the same business day
      • Rates from as low as 4.5% - no charge for early repayment
      • Minimum Turnover
        No minimum
      • Available Amounts
        £10,000 to £150,000
      • Available Terms
        6 months to 5 years

      Company details

      • Quick and easy online business loan application for short and long-term finance options
      • Apply in 10 minutes with an instant response and if approved, funds are sent on the same business day
      • Rates from as low as 4.5% - no charge for early repayment

      Eligibility criteria

      • Lending is subject to status and eligibility
      • Security may be required
    • NatWest logo

      NatWest

      • NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
      • If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
      • Eligibility criteria apply for all funds and schemes
      • Minimum Turnover
        No minimum
      • Available Amounts
        £1,000 to £10,000,000
      • Available Terms
        1 to 25 years

      Company details

      • NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
      • If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
      • Eligibility criteria apply for all funds and schemes

      Eligibility criteria

      • NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
      • If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
      • Eligibility criteria apply for all funds and schemes
    • Ferratum Business logo

      Ferratum Business

      • Free and no obligation application process, competitive rates
      • Complete the application form in 5 minutes, loan disbursed within one day of completed application
      • Decisions based on cash flow, not credit scores
      • Minimum Turnover
        £75,000 p.a.
      • Available Amounts
        £2,000 to £50,000
      • Available Terms
        6 to 18 months

      Company details

      • Free and no obligation application process, competitive rates
      • Complete the application form in 5 minutes, loan disbursed within one day of completed application
      • Decisions based on cash flow, not credit scores

      Eligibility criteria

      • Sole traders, partnerships and limited companies all welcome to apply.
      • Your company must have been trading for 2+ years.
      • Business owners must be UK based.
      • You must have a dedicated business bank account.
      • Business must have a physical presence.
    • Ultimate Finance - The Ultimate Loan logo

      Ultimate Finance - The Ultimate Loan

      • Over £1 billion funded to date
      • 16 years working with UK businesses
      • 9 products to meet your needs
      • Minimum Turnover
        No minimum
      • Available Amounts
        £5,000 to £100,000
      • Available Terms
        Up to 12 months

      Company details

      • Over £1 billion funded to date
      • 16 years working with UK businesses
      • 9 products to meet your needs

      Eligibility criteria

      • Available to limited companies or LLPs with 2 years minimum trading
      • Personal Guarantee required
    • Liberis logo

      Liberis

      • Your business must process credit and debit card transactions to apply for this product
      • Supported by the UK Government-owned British Business Bank Investments
      • The UK's first provider of the Business Cash Advance
      • You must have at least one card terminal (chip and PIN machine)
      • Minimum Turnover
        £2,500+ card transactions per month
      • Available Amounts
        £2,500 to £300,000
      • Available Terms
        4 to 12 months

      Company details

      • The UK's first provider of Business Cash Advance
      • Only paid back when your customers pay you
      • Backed by the UK Government - British Business Bank and Gov.uk

      Eligibility criteria

      • Your business must have been trading for at least 4 months
      • You must have at least one card terminal (chip and PIN machine)
      • You must take at least £2,500 per month in card transactions
    • Capital on Tap logo

      Capital on Tap

      • This is a business MasterCard
      • Credit limits up to £25,000 with no monthly or annual fees
      • 0% Interest on all card purchases, when balance cleared in full each month
      • Minimum Turnover
        £24,000 p.a.
      • Available Amounts
        £1,000 to £25,000
      • Available Terms
        1 month to 2 years

      Company details

      • Capital on Tap specialises in supporting the UK's SME's with business cards.
      • Offering Credit limits up to £25,000 with rates as low as 8.9%.
      • Since 2012, Capital on tap has provided more than 200M to over 30,000 UK businesses.

      Eligibility criteria

      • Limited Companies, Sole Traders, Partnerships and Limited Liability Partnerships all welcome to apply
      • No Outsanding CCJs
      • Minimum 12 months Trading History
    • Fleximize logo

      Fleximize

      • Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
      • Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
      • Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £500,000
      • Available Terms
        1 month to 4 years

      Company details

      • Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
      • Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
      • Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day

      Eligibility criteria

    • Esme Business Loans logo

      Esme Business Loans

      • Simple, fast & fair business loans from Esme Loans
      • Hassle-free, paperless application takes just 10 minutes
      • Funds are sent within the hour if approved and you can receive faster payments
      • Minimum Turnover
        £15,000 p.a.
      • Available Amounts
        £10,000 to £150,000
      • Available Terms
        1 to 5 years

      Company details

      • Simple, fast & fair business loans from Esme Loans
      • Hassle-free, paperless application takes just 10 minutes
      • Funds are sent within the hour if approved and you can receive faster payments

      Eligibility criteria

      • Limited Companies Only. Applicants must be a Director of the Business, over 18 and be able to provide a personal guarantee.
      • Must be actively trading for at least 18 months with a current turnover of at least £15,000.
    • Nucleus logo

      Nucleus

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee
      • Minimum Turnover
        No minimum
      • Available Amounts
        £5,000 to £20,000,000
      • Available Terms
        3 months to 8 years

      Company details

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee

      Eligibility criteria

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee
    • 365 Business Finance logo

      365 Business Finance

      • Your business must process credit and debit card transactions to apply for this product
      • A flexible business funding alternative
      • Cash advanced against card transactions
      • Pay back an affordable % of your card transactions
      • Minimum Turnover
        £5,000+ card transactions per month
      • Available Amounts
        £5,000 to £200,000
      • Available Terms
        4 to 18 months

      Company details

      • Get between £5,000 and £200,000
      • Pay back through your customer card transactions
      • A single all inclusive charge that never changes
      • No interest, APRs or hidden extras

      Eligibility criteria

      • Your business must have been trading for at least 6 months
      • Your business must accept debit and credit card payments
      • Your business must take at least £5,000 per month in card transactions.
    • Spotcap logo

      Spotcap

      • Fully unsecured business loan - no personal guarantees needed
      • Apply online in 15 mins, decision in one working day - funds available immediately
      • Early repayments are free
      • Minimum Turnover
        £250,000 p.a.
      • Available Amounts
        £10,000 to £250,000
      • Available Terms
        1 to 15 months

      Company details

      Eligibility criteria

    • The Start Up Loans Company logo

      The Start Up Loans Company

      • Interest rate of fixed 6% per annum
      • Receive business mentoring and support after drawing down your loan
      • No application fees or early repayment fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £500 to £25,000
      • Available Terms
        1 to 5 years

      Company details

      • Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
      • Start Up Loans have helped over 40,000 businesses get started in the UK
      • Free application support
      • Free post-loan business mentoring

      Eligibility criteria

      • Business is based in the UK
      • Trading for under 24 months
      • 18 years and over
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Business Loans FAQ

Business loans are a form of finance designed for companies in need of financial capital, whether they need the money to make their entrepreneurial ideas a reality, or to expand the next stage of their operations. These loans can range anywhere from a few thousand to hundreds of thousands of pounds.

Business loans are available in both secured, and unsecured terms. While unsecured options allow for more peace of mind within the business, as you're not borrowing against the assets of your company, secured loans generally permit lower interest rates and cheaper financing solutions for organisations with tight budgets. There are also short-term and long-term business loans to choose from depending on your company's specific needs.

Below are some of the most frequently asked basic questions about business loans.

Who are business loans for?

Business loans exist as an option for almost any kind of business - regardless of how big or small that company may be. Though business finance is usually required by limited companies, it can also be a requirement for small, sole-traders too.

To apply, you need only be a UK-resident, aged 18 or older, and not currently bankrupt or taking part in a debt arrangement scheme.

Where can I get a business loan?

Commonly, business loans are provided by banks. Many companies will talk to the bank that they conduct their day to day business with as a first port of call before enquiring with other providers. Comparing and contrasting different lenders will help you to get the best deal.

Do business loans require credit checks?

Yes. All business loans will require a credit check. Though credit checks won't necessarily be carried out on the shareholders or directors of the business, banks will still need to determine the ability of a business to make repayments, and therefore your company's credit check will impact the terms and interest rates that you are offered.

For established businesses, it is the company's records that are the focus of attention. However, some lenders will check the personal credit rating of the owners too, particularly in the case of a start-up business which does not yet have any financial history.

What is a Start-Up Loan?

A Start-Up Loan is a type of business loan that can be used to help you get your business off the ground. This type of loan is given for the purpose of business, and applications are considered according to the needs of the company in question.

Should I get a long-term or short-term business loan?

The question of whether to get a long-term, medium-term, or short-term business loan can only be answered with a close consideration of your own personal circumstances. For instance, a medium to long-term business loan can help to offset some of the costs associated with starting a business, while keeping your monthly repayments low by spreading costs over a longer period of time.

Some businesses find that long-term loans are better for helping them get their business up off the ground.

On the other hand, short-term loans can help to reduce the amount of interest that you end up paying overall by speeding up repayment.

How much interest will I pay?

The amount of interest that you should expect to pay on a business loan will depend largely on your personal circumstances, as well as a number of factors, including how much you'd like to borrow, and the amount of time you would like to borrow the money for.

If your business is just starting out, then the lender you choose to work with will usually look at your personal credit rating for an indication of your responsibility in managing money as well as your business plans.

The higher your credit score is, the better chance you'll have of being offered a competitive rate of interest.

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