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Check if you qualify for a business loan in 30 seconds
Free, no obligation quote
Find a Business Loan from £10k to £500k
Are you a business owner?
Free, no obligation quote
Find a Business Loan from £10k to £500k
- Borrow between £10,000 and 500,000
- Apply online in 10 minutes
- Decision within 1 hr
- UK-based Account Manager Support
Lender Panel
Business Loans Compare
It's as easy as 1-2-3
Its quick and simple to compare Business Loans with us
Fill out the quick form
Talk to a friendly advisor about your needs and your eligibility checked
Various lenders compared and the options are put forward to you
Over the past 20 years, our team have approved over £3 billion of finance of clients and here are some reasons why they absolutely love us ❤
Loans of £5,000 - £500,000
Overe 50,000 clients per year
Fixed monthly payments
Early settlement discounts
4 hour decision
Secured finance
All credit scores
Delicated contact
Funds within 24 hours
Competitive rates
We're direct lender
No affect to credit score
The types of business finance available
Unsecured Business Loans
This type of loan enables businesses to borrow money and the lender doesn't require you to offer any assets as security.
Asset Finance
Asset finance solutions allow your business to borrow money against your assets based on their value. The assets could be machinery, IT equipment or fixtures and fittings..
Secured business loans
A secured business loan will ask you to provide assets as security to cover the amount being borrowed. For example, this could include company shares or property.
Bridging Loans
A bridging loan is for short term funding and it is mainly used on development and property projects, but it can also be utilised for business loan purposes.
Commercial mortgages
This is a loan specifically for commercial property, for example an office building. The loan can be used to develop or refinance a property.
Peer-to-peer loans
A peer-to-peer loan is when your business borrows from investors rather than from a bank. This is normally arranged by a P2P lending platform.
Frequently Asked Questions
Business loans are very common and one of the first options for businesses looking to raise finance.
The lender provides money that you, as the borrower, pay back, with interest, over an agreed period.
Business loans are a very versatile form of finance, capable of supporting everything from covering major business expenses like buying new equipment to boosting the working capital reserves of your business.
Given that business loans are so versatile, it’s not surprising that they come in a variety of different forms, depending on what you would like to do with the funds.
A business loan is intended for business use only such as buying stock or upgrading equipment, whereas a personal loan is intended for personal use, such as financing a car or making home improvements.
Business loans can take different forms and provide specific needs for specific types of businesses and business needs. Types of business loans include:
- Recovery Loan Scheme (RLS)
- Unsecured Business Loans
- Working Capital Loans
- Company Loans
- Self Employed Loans
- Asset Finance
If you have been refused a business loan in the past there are a few steps you can consider before you apply for another loan:
- Review your financials
- Improve your credit score
- Address any outstanding debts
- Once you’ve taken these steps you may be in a better position to reapply for a small business loan again.
We want to help as many businesses as we can get access to finance, and approve thousands of loans every year. To make it easier for business owners, we’ve made applying for a small business loan fast and hassle-free. You can apply for business lending online.
It probably comes as no surprise, but when obtaining a business loan, the simplest way to access the best rate is to compare your options. This can be time-consuming, but there is a way to speed up this process. Using a comparison service allows you to quickly and easily get a clear understanding of the best company loan interest rates available.
Business Loan interest rates differ depending on your circumstances. Businesses with great credit scores are more likely to gain access to better business loan interest rates, whereas those with bad credit might not be able to take advantage of the best rates on the market.
Yes, we do work with many Small Business Loan lenders to help you secure an SME loan. Typically, businesses with a higher turnover can access better rates, loan amounts and terms, but if your business's credit score is good, you should still be able to access a great loan offer.
As long as you have the relevant information to hand, accessing fast business loans should be easy. Using a comparison service such as the one we offer at Business Loans Compares can help, as you won't have to spend time checking what's available from multiple lenders. You can get a quick quote with access to your funds in as little as 48 hours.
Yes, some of our partners do offer business loans for start ups. However, because business loan eligibility is based on the circumstances of your business, including your business's credit score, you may find that Start Up Business Loans don't include the same rates and terms available to businesses with a more established operating history.