FINANCE OPTIONS

^290k Unsecured Business Loans - Apply Now

Q: How much can I borrow with an unsecured business loan?

With unsecured business loans, you can borrow between £1,000 and £500,000, depending on factors like your business income and credit score.

Q: How quickly can I receive a decision?

Decision times for unsecured business loans typically range from 1 to 7 business days, with funds available within 24 hours to 5 days after approval.

Q: What are the interest rates for unsecured business loans?

Interest rates for these loans vary between 3% and 20% APR, depending on credit score, loan term, and economic factors.

Q: What are the eligibility requirements?

Eligibility includes having at least a year of trading history, good credit score, and in some cases, a minimum annual revenue. Applications usually require business financials and credit checks.

Unsecured business loans up to £290,000 offer UK SMEs a method of financing without the need for collateral. These loans depend heavily on the borrower's creditworthiness and the business's financial health, offering advantages such as quick and flexible access to funds to support business growth.

Unsecured Business Loans

Secure up to £500,000 in Unsecured Business Loans with Funding Agent.

Quick and easy application process
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

What are the ^benefits of 290k Unsecured Business Loans?

The key benefit of unsecured business loans is the ability to obtain funds rapidly without collateral, supporting business flexibility. Businesses can typically receive funding amounts from £1,000 to £500,000 with decision speeds as fast as 24 hours. Explore our business funding application process for more details.

Flexible financing options

Quick approval process

No collateral required

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of 290k Unsecured Business Loans?

Term Loans

Term loans range from £5,000 to £500,000 with lending terms of 6 to 60 months, ideal for businesses trading for at least a year. Learn more about eligibility at term loan options.

Term Loans

With interest rates between 3% to 15%, term loans provide a quick decision timeframe of 1–7 business days. They are suitable for operations expansion or inventory purchases, particularly in sectors like retail and tech. Visit our detailed guide on term loans to understand more.

Business Line of Credit

A business line of credit offers £1,000 to £250,000 on a revolving basis, with each draw lasting 6 to 24 months. Check qualifications at line of credit solutions.

Business Line of Credit

Interest ranges from 7% to 20% APR. Approval typically occurs within 3–5 business days, assisting sectors like hospitality manage cash flow fluctuations. Our line of credit page has more insights.

Merchant Cash Advances

Merchant cash advances range from £2,500 to £300,000, ideal for businesses with card sales histories, such as retail. Explore our merchant cash advance options.

Merchant Cash Advances

With rates equivalent to 20% to 50% APR and approvals in just 48 hours, they suit businesses in retail or dining. Delve into our comprehensive guide on cash advances for further details.

What is a 290k Unsecured Business Loan?

Application Processes

Applications require financial statements and credit checks. Decisions are often reached within 1-7 business days. Visit our unsecured loans guide for application tips.

Regulatory Requirements

Lenders must comply with FCA regulations, ensuring fair practices. Our expertise in navigating these regulations is detailed on the business loans compliance page.

Borrowing Capacity and Rates

Amounts range from £1,000 to £500,000, influenced by business income and credit score. Rates vary based on term length and risk. Learn about competitive offerings on our business loans page.