FINANCE OPTIONS

60k Unsecured Business Loans - Apply Now

Looking for £60,000 in unsecured business loans? This option works well for UK businesses that need a quick cash boost without using assets as security. Many companies use £60,000 unsecured business loans to smooth cash flow, invest in growth, hire staff, or cover short-term costs. Lenders usually look at turnover, trading history, and credit profile rather than property, which keeps the application simple. If your business is trading steadily, this type of unsecured finance can be a fast and flexible way to move forward.

Secure up to £60,000 in Unsecured Business Loans with Funding Agent.

Secure up to £500,000 in Secure up to £60,000 in Unsecured Business Loans with Funding Agent. with Funding Agent.

  • Quick and easy application process
  • Loan disbursed within 24 hours
  • No additional charges for early repayment
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What are the benefits of 60k Unsecured Business Loans?

The benefits of unsecured business loans are clear: no need for collateral, quick access to funds, and flexible usage options. Our services streamline the process, ensuring decisions in days and funds available shortly after approval. Explore how we facilitate working capital solutions tailored to your business needs.

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Quick access to funds
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No collateral required
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Flexible repayment terms

SCALE YOUR BUSINESS TO NEW HEIGHTS

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What are the different types of 60k Unsecured Business Loans?

Term Loan

Term loans are suitable for businesses with a steady income. Amounts range from £5,000 to £250,000, with terms from 6 to 60 months. Eligibility typically requires UK-based operation for at least two years. Consider our term loan options for expanding your business.

Term Loan

Term loans offer set repayment schedules and are ideal for specific business objectives like expansion or new equipment purchase. Interest rates range from 6% to 25% APR, with decision times from 1 to 5 business days. Examples include retail shops expanding chains. Explore more through our detailed options.

Business Line of Credit

A business line of credit provides a revolving loan for flexible spending, typically reviewed annually. Available amounts range from £2,000 to £100,000. Eligibility requires a solid financial foundation and trading history over two years. Discover more about this flexible option through our line of credit offerings.

Business Line of Credit

Ideal for managing cash flow and short-term costs, a business line of credit offers flexibility akin to a credit card for businesses. Interest rates range from 7% to 30% APR, with decisions in 2 to 7 business days. This is especially beneficial for tech companies or hospitality venues managing seasonal trends. Learn more at our business loan page.

Invoice Financing

Invoice financing provides funds linked to your unpaid invoices, up to 90% of their value. It’s a solution for businesses with annual invoicing over £50,000. Check out our invoice financing details to enhance cash flow.

Invoice Financing

This option is advantageous for industries with delayed payments, such as manufacturing firms. With interest typically at 1% to 3% per month, funds can be available within 24 to 72 hours. Discover the benefits of invoice financing through our sector-specific solutions.

What is a 60k Unsecured Business Loan?

Application Process for Unsecured Loans

Applying for an unsecured business loan involves submitting financial statements and undergoing credit checks. Decisions are usually made within 1 to 7 days, with funds available soon after. We specialise in quick, efficient processes, supporting your scaling needs. Discover more through our guide on unsecured loans.

Regulatory and Compliance Considerations

Unsecured loans must comply with FCA regulations, ensuring responsible lending and borrower protection. Lenders conduct affordability assessments, safeguarding your financial health. Trust us to navigate these regulations effortlessly. More on compliance is available in our loan eligibility guide.

Borrowing Capacity and Rate Information

Unsecured loans have a typical range from 6% to 30% APR, influenced by your credit score and lender policies. Understanding this can greatly impact your borrowing capability. Our competitive offerings ensure you find the best fit for your needs. Explore these dynamics at working capital loans.

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FAQ’S

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