^£750k Construction Business Loan – Apply and Get Approved

Secured term loans (lump sum) are commonly positioned for lenders assessing proven delivery and payment history. Eligibility is often built around financial capacity to meet repayments, reasonable gearing and evidence of work completed or being delivered. Loan terms are frequently 24 to 84 months, depending on how the instalments amortise against contract cashflow and the strength of the security position. Initial credit decisions are often around 2 to 6 weeks when documentation is complete.

For contract-focused secured term loans, lenders look for a clear contract value and payment terms, supported by cashflow forecasts tied to that project. Where you can show stable delivery and credible contract timing, a £750k facility can be structured as a “single-project” sized amount. Terms are often 18 to 72 months, with instalments profiled to the project lifecycle. Decision times are roughly 3 to 8 weeks and can extend where lenders review contract details, variation risk or retention mechanics.

Secured asset-backed loans focus on equipment and plant, with eligibility influenced by how reliably assets can be valued and realised if needed. Lenders typically assess asset schedules, ownership evidence and practical ability to maintain and use the equipment productively. This route can help contractors buy or refinance plant to meet tender capacity, reduce expensive hire, or support hire-to-own transitions. Terms often run 24 to 72 months, with initial asset-backed decisions around 2 to 5 weeks when asset details and documentation are ready.