- Unsecured loans £10k – £500k
- Secured loans up to £1m
- Borrow over 6 mths – 5 yrs
- Decision in as little as 5 hours
- No fees for full early repayment
The Government-owned British Business Bank is lending up to £150m to UK small businesses through Funding Circle, alongside thousands of people and other investors.
Our types of loan
Unsecured loans up to £500,000
Unsecured loans allow you to borrow without giving security on any business assets, such as property or equipment. They’re a quick and easy way to get an affordable cash injection for your business.
A personal guarantee will be required, which means the directors will be required to pay back the loan if the business is unable to. We do this to protect the investors who lend to you.
If you’ve been trading for 2 years or more, you could get an unsecured loan from £10,000 to £500,000 for almost any purpose, including working capital and asset finance.
Secured loans up to £1 million
Secured loans can help you borrow more for your business as you can use business assets as collateral. If your business can’t pay back the loan in full, the proceeds from the sale of assets can be used to pay off the outstanding amount. You could get a secured loan up to £1 million, so it’s a great option for small business finance if you want to borrow a large amount.
There are different assets you can use depending on the value and purpose of your loan:
- Typically secured against all assets of the business
- Property and large assets can also be used as security
- May also require a personal guarantee
Unsecured and secured loans for almost any purpose
- Boost your cash flow
- Grow your business
- Refurbish premises
- Cover a one-off cost
- Buy new assets
- Hire extra staff
Quick and easy to apply
We specialise in secured and unsecured business loans, so you can get the finance you need to take your business forward in just a few days.
Check if you qualify in 30 seconds
See if you’re eligible without affecting your credit score.
Apply online in 10 minutes
Tell us about you and your business with our simple form.
Decision in 24 hours
If approved, you’ll get a personalised quote typically in 24 hours.
Your funds arrive
Once you accept, you’ll have the money in your account in days.
Here to help if you need us
Your dedicated account manager can help explain your options in more detail. They’ll also be on hand to help throughout your application.
Funding Circle, the largest peer-to-peer company in the UK, has received authorisation from the Financial Conduct AuthorityThe Financial Times, May 2017