^Get Your £650k IT Support Business Loan Today

Secured term loans are commonly sought when you need scale borrowing around the £650k level. Typical ranges in the market can be roughly £100k to £1.0m, and terms are often set between 36 and 84 months. Broadly, pricing is frequently structured as fixed or variable rates and can fall around 6.0% to 12.0% per annum for UK SME secured term loans, depending on risk and security strength. Decision times are often 2 to 6 weeks, with additional time possible when security and legal documentation are required. When you want to compare lender approaches, explore secured-business loans.

Unsecured and part-unsecured term loans typically range from about £50k to £500k+, with a £650k request possible in some cases but often requiring a part-secured approach, stronger financials or additional guarantees. Terms are commonly around 24 to 60 months. As a broad market guide, unsecured pricing can sit around 7.5% to 14.0% per annum, reflecting credit risk and cashflow volatility. Initial decisions may be 1 to 4 weeks, with overall completion sometimes longer if enhanced checks are needed. For an IT-specific view, compare unsecured business loans for IT support.

Blended or part-revolving structures are less uniform across lenders, but they can be relevant when you want long-term borrowing flexibility for scaling. Typical facility capacities may be roughly £150k to £1.0m, and £650k may be available depending on structure, security and cashflow evidence. Terms are commonly 24 to 72 months for the facility, with variable instalment schedules. Broadly, drawn pricing may be around 6.5% to 13.5% per annum. Decision times are often 3 to 8 weeks due to facility structuring and cashflow assessment. To understand how re-borrowing works, see Revolving Credit Loans.