Business Loans
Secured and unsecured business loans from £1,000
Business loans are a very flexible finance option which could be suitable for you for a range of purposes, including:
- Working capital to manage cash flow
- New asset purchase including vehicles, plant and equipment
- Expansion capital
- Refurbishment loans
- Finance for one-off costs such as legal fees or tax liabilities
You can borrow funds from 6 months to 6 years and there are generally no penalties for repaying early.
Anyone with a profitable trading business can have a business loan.
Secured Loans generally are secured against property or business assets. They tend to be more cost effective and you can borrow the funds for a longer period.
Unsecured loans still require a personal guarantee and can have higher interest rates and fees but they do offer more flexibility on what you can use the money for.
