^100k small business loans – Apply Now

Unsecured business loans are designed for businesses with a minimum trading history of 1 year and a consistent revenue record. They’re ideal for those seeking £100k finance quickly and without pledging assets. Typical lending terms run from 6 to 60 months, with APRs between 6% and 15%. After a short credit assessment, funds are released within 1 to 5 business days. Applications suit retail, hospitality, or service companies focused on immediate cash flow and rapid growth.

Secured loans are best for companies that can offer collateral, such as property or equipment, in exchange for larger sums. These loans suit capital-intensive sectors or established businesses looking for extended repayment terms (12 to 84 months) and lower interest rates, typically 4% to 10% APR. The process includes a valuation of assets and detailed underwriting, with funds available after 2 to 4 weeks. Sectors like manufacturing or construction find this option beneficial.

Merchant cash advances are suitable for established UK businesses (minimum six months trading) that accept card payments, such as retail or hospitality. Instead of fixed repayments, the advance is paid back as a set percentage of future sales, making it adaptive to seasonal or variable turnover. Decision times can be as quick as 1 to 3 business days. Factor rates range from 1.1 to 1.5, and funding helps cover stock, marketing campaigns, or gaps in cash flow.