Bluesky Business Loans, trading as Blue Sky Capital Funding, is an alternative finance provider operating since 2014. It serves UK small and medium-sized enterprises (SMEs) with a variety of flexible business funding products. The lender acts both as a broker and direct lender, offering unsecured and secured loans among other financial solutions. Its offerings may suit businesses seeking access to fast funding beyond traditional banks, although the lack of FCA authorisation means it operates outside regulated consumer lending. For those exploring options, see our business loans overview and alternative finance loans for broader context.
Key features of Bluesky Business Loans
Bluesky Business Loans presents several practical service elements designed to aid borrower experience and flexibility. These include digital tools, client support, and a broad funding portfolio aimed at different types of business finance needs.
- Wide portfolio including unsecured business loans and asset finance options
- Rapid approval, with decisions often within 24 hours, linked to quick business finance processes
- Digital applications supported by online tools and client portals
- Soft credit searches for initial quotes, reducing impact on credit scores while exploring working capital loans
- Dedicated relationship managers available by phone, email, and messaging apps, helping with loan terms and ongoing support
Funding eligibility with Bluesky Business Loans
You may qualify for Bluesky funding if your business meets typical trading and turnover thresholds, which vary by product. Minimum trading periods usually range from six to twelve months, with annual turnovers starting around £50,000. Some sectors, such as gambling and cryptocurrency mining, are excluded. Check your specific qualification by reviewing our business loan qualification guidance or use our eligibility tools to verify criteria.
Loan options available through Bluesky Business Loans
Bluesky offers a suite of financing options to suit different business needs, from short-term working capital to asset-backed facilities. Below are key product features with representative amounts, terms, and rates, all linking to detailed product pages.
- Unsecured Business Term Loan: £10,000 to £500,000, terms from 3 months to 5 years, with APRs from 9.9% to 39.9%. More information: Unsecured Business Loans.
- Secured Business Loan: £50,000 to £2,000,000, with 1 to 7 year terms and interest rates from 6.5% to 15.9% APR. Details at Term Loans.
- Business Line of Credit / Revolving Facility: £5,000 to £250,000 with open-ended 12-month agreements. Interest ranges from 0.8% to 2.5% monthly. Refer to Revolving Credit Loans.
- Asset Finance (Hire Purchase & Finance Lease): £15,000 to £1,000,000, with 12 months to 6 years terms, interest 7.5% to 18% flat rate. More on Asset Finance.
- Invoice Finance (Selective Invoice Discounting): advance limits up to £2,500,000, rolling 30-day facilities. Interest 2% to 3.5% over base rate. See Invoice Financing.
- Merchant Cash Advance: £5,000 to £300,000, terms linked to turnover of 3 to 12 months, with factor rates equivalent to 30% to 50% APR. Information at MCA Loans.
- Short-Term Bridging Loan: £100,000 to £5,000,000, 1 to 24 months terms, monthly interest 0.55% to 1.25%. Details at Bridging Loans for Small Businesses.
How to apply with Bluesky Business Loans
The application process is fully online and supported by phone. Expect rapid initial decisions, digital document submission, and fast funding upon approval. Required documentation varies by loan type.
- Submit an online application form via the web portal, including business and director details
- Provide recent financial documents: last 6 months bank statements, filed accounts or management accounts, identification for directors, and asset details if applicable.
- Undergo soft credit and Open Banking checks to support underwriting decisions
- Review and sign loan agreements electronically; typical funding occurs within 1 to 5 working days after acceptance
Funding Agent’s view on Bluesky Business Loans
Bluesky Business Loans offers SMEs access to a broad and swift range of business finance products. Its unobtrusive, digital-first approach suits companies needing rapid cash flow or those excluded from traditional bank lending. However, the absence of FCA authorisation reduces borrower protection, and pricing may be less competitive for well-established firms sensitive to costs. Prospective borrowers may wish to evaluate eligibility and compare current rates via our loan calculators.
