FINANCE OPTIONS

^£1M Unsecured Business Loans - Apply Now

Q: What is the maximum amount available with a £1M unsecured business loan?

With £1M unsecured business loans, UK businesses can typically borrow amounts ranging from £50,000 up to £1,000,000. The exact figure will depend on your credit score, annual turnover, and trading history as assessed by the lender.

Q: How long does approval and funding take?

Approval usually takes between 1 and 4 weeks, depending on how quickly you supply complete documentation and the lender’s processing speed. Once approved, funds are often released immediately so you can move forward with your plans.

Q: What interest rates apply to £1M unsecured business loans?

Interest rates typically range from 5% to 15% APR for unsecured business loans. The rate you are offered depends on your business’s credit profile, loan size, terms, and prevailing market conditions. Origination fees of 1% to 3% may also apply.

Q: What types of £1M unsecured business loans are available?

Key options include fixed-term unsecured loans, revolving credit facilities, and peer-to-peer unsecured loans. Each offers different features, eligibility requirements, and typical borrowing ranges so you can choose the format that fits your needs and business profile.

£1M unsecured business loans offer UK SMEs the chance to secure significant funding without pledging company assets. This type of loan uses your business’s credit strength and financial performance as the basis for lending decisions, rather than physical collateral. Unsecured business loans are popular for rapidly supporting high-value growth projects, working capital needs, or capital investments when flexibility and speed are essential. This option enables businesses to access large sums for important initiatives without risking valuable assets, making it a valuable resource for ambitious companies.

Secure up to £1,000,000 in Unsecured Business Loans with Funding Agent.

Secure up to £1,000,000 in Secure up to £1,000,000 in Unsecured Business Loans with Funding Agent. with Funding Agent.

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Loan disbursed within 24 hours
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^Benefits of £1M Unsecured Business Loans

Unsecured business loans up to £1M give UK companies meaningful advantages, from preserving assets to securing funds quickly. The terms, rates, and speed depend on your business’s credit profile and chosen lender, creating a flexible route to significant capital for businesses ready to invest and grow.

Access to funds

Flexible repayment options

No collateral required

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of £1M Unsecured Business Loans

Fixed-Term Unsecured Loan

These loans offer a lump sum, repayable over a fixed term with regular payments. Suitable for established businesses with solid credit and financial history needing £50,000 to £1,000,000.

Fixed-Term Unsecured Loan

Fixed-term unsecured loans are ideal for businesses planning for significant expenditures, such as expansion, buying equipment, or funding large projects. With terms from 12 to 60 months and rates of 7% to 15% APR, eligibility usually requires at least 2-3 years’ trading, strong credit, and supporting financial documents. The process typically takes 1 to 2 weeks from application to decision and is available across many sectors, especially those with stable cash flows.

Revolving Credit Facility

This facility provides ongoing access to funds up to a set limit, supporting short-term needs or fluctuating expenses for businesses with a proven credit history.

Revolving Credit Facility

Revolving credit offers flexibility, letting businesses draw only what they need and pay interest on the amount used. Limits range from £10,000 to £500,000, with variable interest rates (5% to 12%). It suits businesses needing liquidity for managing cash flow, payroll, or purchases, with annual reviews and decisions taking 2 to 4 weeks. Commonly used by wholesale and e-commerce firms, it helps manage regular expense changes without overspending.

Peer-to-Peer Unsecured Loan

This type connects businesses and investors through online platforms, offering alternatives to traditional bank loans, especially for younger companies.

Peer-to-Peer Unsecured Loan

Peer-to-peer unsecured loans are accessed via online marketplaces where investors review and fund business loans of £5,000 to £250,000. These loans are typically available to businesses with a minimum of two years’ trading and a good credit profile. Interest rates run from 6% to 14% with terms of 12 to 36 months, and approval can take 1 to 2 weeks. This approach is popular for startups or innovative SMEs when banks are less willing to lend.

Typical Funding Journeys on Funding Agent

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How to Get a £1M Unsecured Business Loan Through Funding Agent

Apply Online

Fill in our quick online application form with your business details, financials, and funding requirements so we can start matching you to lender options.

Receive Offers

We present multiple unsecured loan offers that suit your business profile, letting you compare the rates, fees, and terms side by side before making a decision.