Compare Business Loans

Loans for businesses of every size and industry, from top UK lenders including:

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Please note:
We are showing you a range of business finance options that match your search criteria . This doesn't mean you have been checked for eligibility for these products nor does it indicate the suitability of the product. Some products operate differently to others in the table. Always confirm any terms and conditions before entering into any credit agreements with the lender.

Please note:
We are showing you a range of business finance options that match your search criteria. This does not mean that you have been checked for eligibility for these products. We are not aware of your specific requirements, it is your responsibility to ensure that any options presented meet your requirements. Always read any terms and conditions before entering into any credit agreement with a lender.

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You may have other borrowing options such as credit cards or personal loans
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14 providers

Nationwide Finance Business Finance
Nationwide Finance help 35,000 businesses get finance each year

Direct funder - not a broker

Same day decision, funds within 24 hours
Minimum turnover

No minimum

Available amounts

£8,000 to £500,000

UK Available terms

1 to 5 years

See Deal
- Funding Circle
  
  Your business must have a minimum of 12 months’ trading history
  
  Short & long term business loans from £10,000 to £500,000 at fixed rates
  
  Apply online in minutes, get a decision in as little as 1 hour and funds typically within 48 hours
  
  Rated 'Excellent' on TrustPilot - apply online in minutes, quick decisions, UK-based support team
  
  Minimum turnover
  
  £25,000 p.a.
  
  Available amounts
  
  £10,000 to £500,000
  
  UK Available terms
  
  6 months to 6 years
  
  See Deal
- - Funding Circle Line of Credit
    
    Minimum turnover £65,000 p.a.
    
    Available amounts £2,000 to £250,000
    
    Available terms No min/max terms
    
    See Deal
  - Funding Circle Unsecured Loans
    
    Minimum turnover £25,000 p.a.
    
    Available amounts £10,000 to £500,000
    
    Available terms 6 months to 6 years
    
    See Deal
  - Funding Circle Short Term Business Loans
    
    Minimum turnover £25,000 p.a.
    
    Available amounts £10,000 to £50,000
    
    Available terms 1 to 2 years
    
    See Deal
- 3 more from Funding Circle
  
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- Broker
  
  Funding Options
  
  Funding Options have helped 13,000+ businesses secure £650m+ in funding. Excellent rated service
  
  Access up to 120 lenders via a single application in minutes
  
  Instant offers and quotes available. Team of Finance Specialists are on hand to help
  
  Minimum turnover
  
  £50,000 p.a.
  
  Available amounts
  
  £1,000 to £15,000,000
  
  UK Available terms
  
  1 month to 6 years
  
  See Deal
- - Funding Options Bridging Loans
    
    Minimum turnover No minimum
    
    Available amounts £10,000 to £1,000,000
    
    Available terms 6 months to 6 years
    
    See Deal
  - Funding Options Credit Line
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £5,000,000
    
    Available terms No minimum or maximum term
    
    See Deal
  - Funding Options Recovery Loan Scheme
    
    Minimum turnover £50,000
    
    Available amounts £5,000 to £500,000
    
    Available terms 1 to 6 years
    
    See Deal
  - Funding Options Asset Finance
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £10,000 to £15,000,000
    
    Available terms 6 months to 6 years
    
    See Deal
  - Funding Options Secured Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £15,000,000
    
    Available terms 3 months to 5 years
    
    See Deal
  - Funding Options Short Term Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms 3 to 24 months
    
    See Deal
  - Funding Options Unsecured Loans
    
    Minimum turnover £50,000
    
    Available amounts £5,000 to £10,000,000
    
    Available terms 1 month to 6 years
    
    See Deal
- 7 more from Funding Options
  
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- Broker
  
  Tide
  
  Tide works with a number of partners who offer a range of flexible business funding solutions
  
  They will run pre-eligibility checks, without affecting your credit score, to show you credit options tailored to your business
  
  Connect your business bank account in minutes to see your credit options
  
  Minimum turnover
  
  Varies
  
  Available amounts
  
  £500 to £15,000,000
  
  UK Available terms
  
  1 month to 6 years
  
  See Deal
- - Tide Unsecured Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £10,000 to £500,000
    
    Available terms 6 months to 6 years
    
    See Deal
  - Tide Short Term Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms 1 month to 2 years
    
    See Deal
  - Tide Business Cash Advance
    
    Minimum turnover £1,000+ card transactions per month
    
    Available amounts £500 to £1,000,000
    
    Available terms No min/max terms
    
    See Deal
  - Tide Start Up Business Loans
    
    Minimum turnover No minimum
    
    Available amounts £500 to £100,000*
    
    Available terms 1 to 5 years
    
    See Deal
- 4 more from Tide
  
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- iwoca
  
  YOUR BUSINESS MUST BE A LIMITED COMPANY WITH A MINIMUM OF 6 MONTHS TRADING HISTORY
  
  Flexible finance for small businesses from £1,000 to £500,000
  
  No long term commitments and flexible repayments to fit for your business
  
  Apply online in minutes for a decision (some decisions may take up to 24 hours)
  
  Minimum turnover
  
  £50,000 p.a.
  
  Available amounts
  
  £1,000 to £500,000
  
  UK Available terms
  
  up to 24 months
  
  See Deal
- - iwoca Working Capital Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms Up to 24 months
    
    See Deal
  - iwoca Credit Lines
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms up to 24 months
    
    See Deal
  - iwoca Unsecured Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms Up to 24 months
    
    See Deal
- 3 more from iwoca
  
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- Cubefunder
  
  Only available to Limited Companies in England and Wales with 3+ months' trading
  
  Fast and Flexible funding from £5,000 - £100,000 for Limited Companies within England and Wales
  
  No penalties for Late payments or Early repayment
  
  Apply and receive funds within 48 hours
  
  Minimum turnover
  
  £50,000 p.a.
  
  Available amounts
  
  £5,000 to £100,000
  
  UK Available terms
  
  3 months to 1 year
  
  See Deal
- Before you go
  
  Businesses must return a minimum of £4,000 monthly revenue to be eligible.
  
  If your business does not exceed this amount, please return to the comparison table and choose a different product.
  
  Continue
- - Cubefunder Unsecured Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £100,000
    
    Available terms 3 months to 1 year
    
    See Deal
  - Cubefunder Working Capital Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £100,000
    
    Available terms 3 months to 1 year
    
    See Deal
  - Cubefunder Short Term Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £100,000
    
    Available terms 3 months to 1 year
    
    See Deal
- 3 more from Cubefunder
  
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- Barclays
  
  Flexible borrowing for your business - unsecured (up to £100,000) and secured loans available
  
  Fixed interest rates available on all loans, plus variable interest rates for loans over £25,000
  
  Subject to application, financial circumstances and borrowing history. Eligibility criteria applies.
  
  Minimum turnover
  
  No minimum
  
  Available amounts
  
  From £1,000
  
  UK Available terms
  
  1 to 20 years
  
  See Deal
- - Barclays Secured Business Loans
    
    Minimum turnover No minimum
    
    Available amounts From £25,000
    
    Available terms 1 to 20 years
    
    See Deal
  - Barclays Unsecured Business Loans
    
    Minimum turnover No minimum
    
    Available amounts £1,000 to £100,000
    
    Available terms 1 to 10 years
    
    See Deal
- 2 more from Barclays
  
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YouLend

Your business must take on a minimum of £3,000 per month of card sales
YouLend is Europe's largest revenue finance provider - working with eBay, Shopify and Just Eat

YouLend funds over 5,000 UK SMEs every month including sole traders, partnerships and limited companies

Apply online in minutes, for a decision within 24 hours
Minimum turnover

£3,000 card sales per month

Available amounts

£3,000 to £1,000,000

UK Available terms

1 to 18 months

See Deal
Before you go

Businesses must process card payments to access this product.

If your business does not process card payments, please return to the comparison table and choose a different product.

Continue
- Capify
  
  Your business must have a minimum of 1 years trading history & a monthly turnover of £10,000+
  
  Capify loans are paid back in very small automated regular payment; either daily or weekly
  
  A fast and easy business funding alternative for SMEs
  
  Funds can be used for any business purpose, from managing cashflow through to improving technology
  
  Minimum turnover
  
  £120,000 p.a.
  
  Available amounts
  
  £5,000 to £500,000
  
  UK Available terms
  
  3 to 15 months
  
  See Deal
- - Capify Unsecured Business Loans
    
    Minimum turnover £120,000 p.a.
    
    Available amounts £5,000 to £250,000
    
    Available terms 3 months to 1 year
    
    See Deal
  - Capify Secured Business Loans
    
    Minimum turnover £120,000 p.a.
    
    Available amounts £5,000 to £500,000
    
    Available terms 3 to 15 months
    
    See Deal
- 2 more from Capify
  
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365 Business Finance

Your business must process credit and debit card transactions to apply for this product
Get between £10,000 and £300,000

Pay back through your customer card transactions

A single all inclusive charge that never changes

No interest, APRs or hidden extras
Minimum turnover

£10,000+ card transactions per month

Available amounts

£10,000 to £300,000

UK Available terms

4 to 18 months

See Deal
Before you go

Businesses must process card payments to access this product.

If your business does not process card payments, please return to the comparison table and choose a different product.

Continue
- Uncapped
  
  Your business must have a minimum monthly revenue of £100k
  
  Leading working capital provider for Amazon, ECommerce and SaaS Businesses
  
  Term Loans & Lines of Credit of £100k - £10M without dilution or personal guarantees
  
  Fixed repayments, know exactly how much and when you’ll pay back
  
  Offers in 24 hours
  
  Minimum turnover
  
  £1,200,000 p.a.
  
  Available amounts
  
  £100,000 to £10,000,000
  
  UK Available terms
  
  3 months to 2 years
  
  See Deal
- - Uncapped Line of Credit
    
    Minimum turnover £12,000,000 p.a.
    
    Available amounts £1,000,000 to £10,000,000
    
    Available terms 6 months to 2 years
    
    See Deal
  - Uncapped Fixed Term Loans
    
    Minimum turnover £1,200,000 p.a.
    
    Available amounts £100,000 to £10,000,000
    
    Available terms 3 months to 1 year
    
    See Deal
- 2 more from Uncapped
  
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- Broker
  
  Swoop Funding
  
  Your business must have a minimum of 1 years' trading history
  
  Simple, secure and speedy search of 1,000 funding providers without affecting your credit rating
  
  Free access every type of finance including the Recovery Loan Scheme
  
  Online management allows you to find funding opportunities and track applications
  
  Minimum turnover
  
  £100,000 p.a.
  
  Available amounts
  
  £2,000 to £25,000,000
  
  UK Available terms
  
  1 month to 10 years
  
  See Deal
- - Swoop Funding Asset Finance
    
    Minimum turnover No minimum
    
    Available amounts £10,000 to £10,000,000
    
    Available terms 1 month to 7 years
    
    See Deal
  - Swoop Funding Secured Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £5,000,000
    
    Available terms 2 months to 10 years
    
    See Deal
  - Swoop Funding Unsecured Business Loans
    
    Minimum turnover £60,000 p.a.
    
    Available amounts £2,000 to £1,000,000
    
    Available terms 1 month to 5 years
    
    See Deal
  - Swoop Funding Working Capital Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £5,000 to £25,000,000
    
    Available terms 3 months to 3 years
    
    See Deal
  - Swoop Funding Recovery Loans Scheme
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £25,000 to £2,000,000
    
    Available terms 3 months to 6 years
    
    See Deal
  - Swoop Funding Short Term Business Loans
    
    Minimum turnover £50,000 p.a.
    
    Available amounts £3,000 to £600,000
    
    Available terms 1 month to 1 year
    
    See Deal
  - Swoop Funding Merchant Cash Advance
    
    Minimum turnover £25,000 p.a.
    
    Available amounts £2,500 to £100,000
    
    Available terms 1 month to 1 year
    
    See Deal
- 7 more from Swoop Funding
  
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- Broker
  
  Funding Xchange
  
  Access 70 lenders from one simple funding request
  
  Easily compare the choices available, including RLS options
  
  Apply with confidence, no impact on your credit score
  
  Minimum turnover
  
  £100,000 p.a.
  
  Available amounts
  
  £1,000 to £10,000,000
  
  UK Available terms
  
  1 month to 25 years
  
  See Deal
- - Funding Xchange Asset Finance
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £5,000 to £250,000
    
    Available terms 1 to 5 years
    
    See Deal
  - Funding Xchange Peer-to-Peer Business Loans
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms 1 month to 5 years
    
    See Deal
  - Funding Xchange Credit Line
    
    Minimum turnover £40,000 p.a.
    
    Available amounts £1,000 to £100,000
    
    Available terms up to 12 months (can be renewed)
    
    See Deal
  - Funding Xchange Working Capital Loans
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms 1 month to 5 years
    
    See Deal
  - Funding Xchange Short Term Business Loans
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £1,000 to £25,000
    
    Available terms 3 to 10 months
    
    See Deal
  - Funding Xchange Merchant Cash Advance
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £3,500 to £500,000
    
    Available terms 3 to 9 months
    
    See Deal
  - Funding Xchange Unsecured Business Loans
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £1,000 to £500,000
    
    Available terms 1 month to 5 years
    
    See Deal
  - Funding Xchange Secured Business Loans
    
    Minimum turnover £100,000 p.a.
    
    Available amounts £1,000 to £10,000,000
    
    Available terms 18 months to 25 years
    
    See Deal
- 8 more from Funding Xchange
  
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- MaxCap
  
  Your business must have a minimum monthly turnover of £15k
  
  Unsecured loans up to £200,000
  
  Approval decisions made in 1-2 days
  
  Flexible repayment options, no need to be a home-owner
  
  Minimum turnover
  
  £180,000 p.a.
  
  Available amounts
  
  £3,000 to £200,000
  
  UK Available terms
  
  3 to 12 months
  
  See Deal
- - MaxCap Short Term Business Loans
    
    Minimum turnover £180,000 p.a.
    
    Available amounts £3,000 to £200,000
    
    Available terms 3 to 12 months
    
    See Deal
  - MaxCap Unsecured Business Loans
    
    Minimum turnover £180,000 p.a.
    
    Available amounts £3,000 to £200,000
    
    Available terms 3 to 12 months
    
    See Deal
  - MaxCap Working Capital Loans
    
    Minimum turnover £180,000 p.a.
    
    Available amounts £3,000 to £200,000
    
    Available terms 3 to 12 months
    
    See Deal
- 3 more from MaxCap
  
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Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. Use the sorting options at the top of the comparison table to order by other criteria.

Other comparisons

What is a business loan?

A business loan is a form of finance that can be used to help support and expand your organisation.

As with personal loans, you borrow a sum of money, and pay it back, with interest.

One of the most important differences between personal loans and business loans is that with a personal loan, you will be personally liable for repaying the amount you have borrowed.

With a business loan, as long as the appropriate company structure is in place, that responsibility falls to the business instead. This will not be the case, however, if you are a sole trader, or you have secured your business loan with a personal guarantee.

You can also typically borrow more through a business loan, while the interest payments on your business loan may be tax deductible unlike payments on a personal loan.

Types of business loan

Secured business loans

Secured business loans require that you put down an asset such as property as security. Secured loans often come with lower interest rates than unsecured loans as they represent less risk for the lender. They may also give you access to a larger loan amount over a longer term. However, secured loans come with the added risk that you could lose your assets if you miss the payments.

Compare secured business loans

Unsecured business loans

Unsecured business loans are a type of finance that does not require security. These types of loans tend to have higher interest rates because there is a greater risk of the lender losing money if you can't pay off what you owe. Unsecured business loans also require a good financial history and credit rating as evidence that the business will be able to repay the loan.

Compare unsecured business loans

Government loans

There may be government-backed business loans you can access. Examples include the Recovery Loan Scheme, introduced to help with the financial stresses caused by the Covid-19 pandemic, which has now been extended. What schemes are available can vary depending on government policy and changing economic circumstances across the country. So it can be useful to regularly check the Department for Business, Energy & Industrial Strategy's search tool for guidance on the business loan schemes available in your region.

Start up business loans

The Start Up Loan Scheme is a government-backed fund that currently offers personal loans of up to £25,000 to UK businesses owners that have been fully trading for less than 36 months or those looking to start a business. You can apply for free, and there are no early repayment charges. If your application is successful, you'll also get up to 12 months of free mentoring. Government Start Up Loans have a fixed annual interest rate of 6% and must be repaid over a period of one to five years.

Compare start up business loans

Small business loans

Small business loans are for start ups and small businesses to access funding. They can be used for a variety of purposes from hiring new staff to managing cash flow. As with all loans, small business loans are repaid over an agreed time period with interest. Large business loans tend to be cheaper than small business loans because there is less perceived risk with lending to a bigger company.

Compare small business loans

How to get a business loan

Decide how much you want to borrow and for how longOnce you’ve decided a business loan is the right option for you, it is important to consider the balance between what you can afford and what you need to help your business.
Compare business loan lenders to find the right fit for your organisationShopping around might help you get a business loan that best suits your needs. You can use our comparison table to search through the business loans available and find the right one for your company.
Submit your application and all relevant documentsThis may include how long you have been trading, details about your finances, and what you want the money for.
Compare business loan lenders to find the right fit for your organisationShopping around might help you get a business loan that best suits your needs. You can use our comparison table to search through the business loans available and find the right one for your company.

Pros & cons of business loans

Pros

It can help companies access funds for daily operations and business growth.
Some lenders offer flexible repayment lengths.
You keep full equity in your business.

Cons

Missed or late repayments can negatively affect your business credit rating.
Business loan repayments may affect your cash flow and long-term business growth.
You may lose an asset if you can't repay a secured business loan.
You may have to pay a legal and valuation costs when applying for a secured loan.

Do I need a business bank account to get a business loan?

While it is not always a requirement, you may find that many lenders will not consider you for a business loan if you do not also have a business bank account. It can also make the application process simpler if you do.

In general, business bank accounts can make it easier to manage your finances, and ensure that there is a clear separation between your personal and business funds. This is especially important when it comes to managing a business loan.

» COMPARE: Business bank accounts

Business loans FAQs

Are business loans tax-deductible?

The interest paid on business loans may be tax-deductible. Tax relief isn’t available on the capital element of a business loan. You should speak to a qualified accountant for specific tax advice.

Can I repay my business loan early?

Some lenders allow you to repay your business loan early without incurring any fees. But it’s important to check whether you’ll be charged for clearing your debt early before applying for business funding, as you may be caught out by unexpected costs if they do.