Compare Unsecured Business Loans

  • Unsecured loans are a popular option for business borrowers
  • Below you can compare unsecured loans from leading UK business finance specialists

Choose a type of business loan to compare...

    • THINK Business Loans Unsecured Loans logo
      Broker

      THINK Business Loans Unsecured Loans

      • THINK's matching platform compares hundreds of unsecured business loans and facilities instantly
      • 5 Years rates from 1.8% APR with no early repayment fees
      • THINK compares the whole market
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £25,000 to £1,000,000
      • Available Terms
        3 months to 5 years

      Company details

      • THINK's funding platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
      • THINK are the UK's leading business 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

      Eligibility criteria

      • Must have a least 12 months' trading History
      • PGs not always required
      • No CCJs or previous liquidations
    • NatWest Small Business Loans logo

      NatWest Small Business Loans

      • Borrow from £1,000 up to £50,000 at a fixed rate
      • Suitable for most types of small to medium sized businesses
      • No arrangement fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £1,000 to £50,000
      • Available Terms
        1 to 10 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

      • Director's guarantee may be required
      • Over 18s only
      • Product fees may apply
      • Subject to status
      • For Business users only
    • Funding Circle Unsecured Loans logo
      Peer To Peer

      Funding Circle Unsecured Loans

      • Borrow without giving security on any business assets
      • A fast way to access capital, apply in 10 minutes and get a decision typically in 24 hours
      • Personal guarantee will be required
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £10,000 to £500,000
      • Available Terms
        6 months to 5 years

      Company details

      • Simple online form and a dedicated account manager
      • Get a decision in as little as 5 hours
      • Rates from 1.9% per year - no fees for full early repayment

      Eligibility criteria

      • At least two years filed accounts with Companies House or formally prepared accounts for non-limited businesses
    • Fleximize Unsecured Loans logo

      Fleximize Unsecured Loans

      • Competitive interest rates starting from 1.5% per month
      • Funds deposited within 48 hours of submitting full application
      • No hidden fees or early repayment penalties
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £250,000
      • Available Terms
        1 month to 3 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

      • Must have a minimum of six months' trading history
      • Director guarantees required
      • At least one director must reside in the UK
      • Loan amount must be a maximum of 2 x monthly revenue
      • UK companies only
    • Yorkshire Bank Unsecured Loans logo

      Yorkshire Bank Unsecured Loans

      • 4-step Online Business Loan application can be completed in 10 minutes
      • You'll get an automated decision of approved, referred or declined straight away
      • No charge for early repayment, full or part repayment accepted at any time
      • Minimum Turnover
        No minimum
      • Available Amounts
        £10,000 to £150,000
      • Available Terms
        1 to 5 years

      Company details

      • Apply online in just 10 minutes
      • Get a fast decision and funds available within days
      • Rates from as low as 3.5% - and no arrangement fees

      Eligibility criteria

      • Available to a Private Limited Company incorporated in the UK (excluding Northern Ireland, Channel Islands and Isle of Man)
      • Must have been trading for a minimum of 12 months
      • Must have an annual turnover not exceeding £2 million
      • Must have no County Court Judgements or court decrees within the last 3 years
      • Applicants must be a Director with a 50% shareholding in the Company, over 18, not be, or have been, bankrupt in the last 6 years, have no County Court Judgements or court decrees in the last 3 years and be able to provide a personal guarantee.
      • Fee applies.
    • Nucleus Unsecured Loans logo

      Nucleus Unsecured Loans

      • 2 minute eligibility check
      • Fast - Quick decisions, receive your funding in 24 hours
      • Award-winning business finance
      • Minimum Turnover
        No minimum
      • Available Amounts
        £25,000 to £150,000
      • Available Terms
        3 months to 3 years

      Company details

      • Fast service - receive your funding in 24 hours
      • Unsecured and secured business loans
      • 7 products tailored to your business

      Eligibility criteria

      • Proven profitability in recent accounts
      • Minimum 3 years trading history
      • Company registered in England and Wales
      • Homeowner in England and Wales
    • Esme Unsecured Loans logo

      Esme Unsecured Loans

      • Unsecured business loans from Esme
      • Technology-based process allows rapid assesment of your application to provide you with an offer in a matter of minutes
      • Rates from as low as 10.01% APR
      • 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

      • Must be aged 18 or over
      • Must be the director of your business
      • Must be able to provide personal guarantee
      • Must be a limited company trading for 18 months or more
      • Must have an annual turnover of at least £15,000
    • Royal Bank of Scotland Small Business Loans logo

      Royal Bank of Scotland Small Business Loans

      • Borrow from £1,000 up to £50,000 at a fixed rate
      • Suitable for most types of small to medium sized businesses
      • No arrangement fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £1,000 to £50,000
      • Available Terms
        1 to 10 years

      Company details

      • Royal Bank of Scotland 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

      • Security may be required in the form of a director's guarantee. Over 18s only.
      • To apply you must be a UK resident with a business registered in the UK.
      • Product fees may apply

    Suppliers that don't offer Unsecured Business Loans but may offer suitable alternatives:

    • 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 £200,000
      • Available Terms
        up to 12 months

      Company details

      Eligibility criteria

    • 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.
    • Lombard Business Loans logo

      Lombard Business Loans

      • Lombard is one of the UK's oldest and largest asset finance partner
      • They help thousands of businesses invest in their future every day
      • Lombard have won Best Leasing and Asset Finance Provider at the Business Moneyfacts Awards every year from 2009 to 2018
      • Minimum Turnover
        No minimum
      • Available Amounts
        £6,320 to £150,000
      • Available Terms
        1 to 7 years

      Company details

      • Lombard is one of the UK's oldest and largest asset finance partner
      • They help thousands of businesses invest in their future every day
      • Lombard have won Best Leasing and Asset Finance Provider at the Business Moneyfacts Awards every year from 2009 to 2018

      Eligibility criteria

    • Capital on Tap logo

      Capital on Tap

      • This is a business MasterCard
      • Credit limits up to £50,000 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 £50,000
      • Available Terms
        1 month to 2 years

      Company details

      • Capital on Tap specialises in supporting the UK's SMEs with business cards.
      • Offering Credit limits up to £50,000 with rates as low as 9.9%.
      • 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
    • Together logo

      Together

      • Your loan must be secured against your property
      • Lending for over 40 years
      • Award winning specialist lender
      • Offering short-term finance, auction finance, personal, commercial and buy-to-let mortgages
      • Minimum Turnover
        No minimum
      • Available Amounts
        £25,000 to £5,000,000
      • Available Terms
        6 months to 30 years

      Company details

      • Lending for over 40 years
      • Award-winning specialist lender
      • Fast, flexible short-term finance, auction finance, and personal, commercial and buy-to-let mortgages

      Eligibility criteria

    • Liberis logo

      Liberis

      • Your business must process credit and debit card transactions to apply for this product
      • Competitive pricing tailored to your business
      • Approval in as little as 5 mins, and funds can be yours within hours
      • 9 out of 10 customers would recommend Liberis
      • Minimum Turnover
        £2,500+ card transactions per month
      • Available Amounts
        £2,500 to £300,000
      • Available Terms
        4 to 12 months

      Company details

      • Approval in as little as 5 mins, and funds can be yours within hours!
      • Competitive pricing tailored to your business. No APR or hidden fees.
      • 9 out of 10 customers would recommend Liberis

      Eligibility criteria

      • Trading for 4+ months
      • Average £625+ a week in card payments
    • 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
    • Spotcap logo

      Spotcap

      • Your business must have been trading for 3+ years and be profitable to be eligible
      • Fully unsecured business loan - no personal guarantee needed
      • Apply online in 15 mins, decision in one working day
      • No withdrawal fee. No early repayment fee
      • Minimum Turnover
        £500,000 p.a.
      • Available Amounts
        £50,000 to £250,000
      • Available Terms
        1 month to 2 years

      Company details

      Eligibility criteria

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 Unsecured Loans FAQ

What is a business unsecured loan?

How does a business unsecured loan differ from other business loans?

How does a lender decide whether or not to offer a business unsecured loan?

How much interest will I have to pay on a business unsecured loan?

Will the interest rate on a business unsecured loan fluctuate?

How much will I be able to borrow with a business unsecured loan?

How long can I borrow the money for?

How do I choose the right business unsecured loan for my company?

Are there any alternatives to business unsecured loans?