Compare Business Credit Lines
- Lines of credit are available for businesses that need an ongoing source of additional capital
- You can compare a selection of UK business credit line providers in the table below
- Compare available loan amounts, terms and features to find a suitable lender
Choose your business loan type
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EJ Finance
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
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Minimum Turnover
£50,000 p.a.
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Available Amounts
£10,000 to £10,000,000
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Available Terms
1 months to 10 years
Company details
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Eligibility criteria
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
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Funding Circle
- Borrow £50,001 to £500,000 with the Government's CBIL scheme
- Nothing to pay until 2022 - No upfront fees - No early settlement fees
- Simple online application & decisions in as little as 5 hours
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Minimum Turnover
£200,000+ p.a.
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Available Amounts
£50,001 to £500,000
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Available Terms
2 to 5 years
Company details
- Funding Circle, supporting small businesses for over 10 years
- Used by over 57,000 UK businesses
- All Funding Circle do is small business, as a result 9 out of 10 of their businesses would come back first next time
Eligibility criteria
- UK-based business - 3 years of trading history - Adversely affected by coronavirus
- Loan primarily for trading in the UK
- Annual turnover from £200K+ up to £45 million - Over 50% of turnover from trading activity (e.g. not from investments)
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Fluidly
- Instantly see funding products your business is eligible for, from across the market (no credit checks)
- A dedicated 5-star rated Funding Specialist on hand to support your application end-to-end (no hidden fees)
- Range of products available including CBILS, unsecured loans and asset financing
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Minimum Turnover
£100,000 p.a.
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Available Amounts
£50,000 to £10,000,000
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Available Terms
1 to 10 years
Company details
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
Eligibility criteria
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
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Swoop Funding
- Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating
- Experts in CBILS – borrow from £50k to £250k with no personal guarantee, no fees, no repayment for 12 months, no early settlement fee
- Speak to Swoop's team of experts – five-star Trustpilot rated
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Minimum Turnover
£50,000 p.a.
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Available Amounts
£1,000 to £10,000,000
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Available Terms
3 months to 6 years
Company details
Eligibility criteria
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Fleximize
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Rates from 0.9% per month (10.8% per annum), with no additional fees
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Minimum Turnover
£60,000 p.a.
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Available Amounts
£5,000 to £500,000
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Available Terms
3 months to 4 years
Company details
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Apply online in minutes, receive funds in as little as 24 hours.
Eligibility criteria
- Minimum annual turnover of £60,000 p.a.
- Borrow between £5,000 and £500,000
- Business activities must be UK-based and impacted by Covid-19
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Portman Asset Finance
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
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Minimum Turnover
£150,000+ p.a.
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Available Amounts
£10,000 to £10,000,000
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Available Terms
Up to 5 years
Company details
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
Eligibility criteria
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
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Nucleus
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
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Minimum Turnover
£60,000 p.a.
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Available Amounts
£3,000 to £50,000,000
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Available Terms
3 months to 8 years
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility criteria
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
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Start Up Loans (British Business Bank)
- Interest rate of fixed 6% per annum
- Receive business mentoring and support after drawing down your loan
- No application fees or early repayment fees
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Minimum Turnover
No minimum
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Available Amounts
£500 to £25,000
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Available Terms
1 to 5 years
Company details
- Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
- Start Up Loans have helped over 40,000 businesses get started in the UK
- Free application support
- Free post-loan business mentoring
Eligibility criteria
- Business is based in the UK
- Trading for under 24 months
- 18 years and over
Suppliers that don't offer Business Credit Lines but may offer suitable alternatives:
Also for Business
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Business Credit Lines FAQ
Also known as 'lines of credit', credit lines are available to businesses that need ongoing access to extra capital. Our selection of frequently asked questions below covers the basics of credit lines and whether they are suited to your business needs. Just click on the question headings for your answers.
What are credit lines?
A credit line is a source of finance that is available for businesses to borrow from when they're in need of additional capital. Also known as lines of credit, these financial solutions have maximum limits, and give borrowers the option to access as much cash as they need up to that limit.
Credit lines are often used by governments, businesses, and individuals when borrowing flexibility is essential. If you frequently find yourself in a position wherein you're not sure how much you'll need to access, then a line of credit could be the most versatile financial product available to you.
What are the benefits of credit lines?
Credit lines are convenient. Once you've been approved, you can borrow cash whenever you need to, and you don't need to access the money immediately following approval. With a credit line, you receive a maximum borrowing limit and as long as you do not exceed that maximum, you can continue to access the money you need. In other words, credit lines are not a one-time solution.
What is repayment like with credit lines?
Repayment for credit lines is different to standard loans. In a traditional loan, you generally make a fixed payment each month that is scheduled to last for a specific period of time - perhaps three to five years. With a credit line, on the other hand, you will need to make minimum payments, but you can borrow and repay as much as you like within your agreed limits. Eventually, some credit lines will ask you to slow down your borrowing frequency and begin repaying your debts using a process known as "standard amortising payments". These payments will eliminate the amount you owe over a period of years.
Who are credit lines best suited to?
With credit lines, the interest you are expected to pay will begin once you start borrowing. This is good news if you're not using your credit line, or you're great at paying off your debt quickly. In other words, credit lines are great for businesses that know how to manage their money, but may need access to additional finance on a regular basis.
Credit lines are often used as a safety net to help businesses to avoid cash flow issues, but they are rarely the best tool for long-term borrowing or everyday use.
How can I get a line of credit?
Applying for a line of credit is the same as applying for any other kind of loan. Lenders will determine whether your application should be approved based on various typical lending criteria, including:
- Your credit history
- Your ability to repay the loan with regular cash flow
- The assets your business can offer as collateral
What are draw and repayment periods?
A line of credit often has a draw period, and a repayment period. During a draw period, you will be using money from your line of credit. During a repayment period, you will be expected to repay the interest and principal of the loan.
Do credit lines have closing costs?
Some credit lines will have closing costs. It's important to factor these fees into your considerations when you are evaluating which lenders and financial products are right for you. They differ from case to case.
What are secured and unsecured lines of credit?
As with many loans, credit lines fall into two overarching segments: unsecured and secured. Secured LOCs (lines of credit) are backed by collateral, such as your company's premises, your home, vehicle, or another asset that you or the business owns. Because secured credit lines are less of a risk for the lender, they often come with lower interest rates.
Alternatively, unsecured lines of credit are not backed by collateral. Unsecured LOCs are harder to access and can come with higher interest rates to help counteract the risk for lenders.
What should I consider before applying for credit lines?
When you are applying for any type of credit line, your chosen lender will need to examine your creditworthiness. This means that they will look at your company and your history of being able to pay back loans by assessing your credit score. If you and the business have good credit scores, then your interest rate will be far lower, and your borrowing limit could be increased.
Featured articles
Featured brands
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B2Bfinance.com Business Loans
B2Bfinance.com is a commercial finance brokerage, established in 2005, that covers a wide range of product types and lenders.
Read more -
EJ Finance Business Loans
Broker offering access to over 200 lenders, covering all sectors and business types.
Read more -
Fleximize Business Loans
Flexible business loans with secured and unsecured borrowing options and dedicated support for customers.
Read more -
Fluidly Business Loans
Tailored funding on a range of commercial finance products for all types of business.
Read more -
Funding Circle Business Loans
Commercial peer-to-peer platform that connect businesses in need of funding to willing investors.
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Funding Hut Business Loans
FCA-authorised broker offering a range of finance types and a quick application process.
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Newable Commercial Finance
FCA-regulated commercial finance broker with access to 200+ lenders.
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Nucleus Business Loans
Launched in 2011, Nucleus Commercial Finance is a specialist business lender that offers a range of loan types from asset funding to property finance.
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Portman Asset Finance Business Loans
Business finance broker with specialist sector experience to offer fast and flexible finance solutions.
Read more -
The Start Up Loans Company (British Business Bank)
A subsidiary of the British Business Bank, the Start Up Loans Company was created to provide funding for new businesses.
Read more -
Swoop Funding Business Loans
Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating.
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