When an opportunity will not wait, an unsecured business loan lets you move. Borrow what you need while keeping your property and equipment out of the equation.
An unsecured business loan is funding provided without needing to put company assets such as property or equipment up as security. It is often the fastest route to capital for established companies that don’t have physical assets or want to preserve their property’s flexibility. Lenders base their decision on the strength and performance of your business instead.
You borrow an agreed amount and repay it in fixed instalments over a set term, typically between one and six years. Because there is no security to value, decisions and payouts tend to be quicker than secured lending. What you can borrow depends on your turnover, profitability, trading history and value of personal guarantee.
If your need is tied to specific equipment or a property, take a look at our Asset Finance and Property Finance pages, as those routes may offer better terms for the same goal.
You receive a lump sum and repay it monthly over an agreed term with interest. No assets are required as collateral. Lenders assess your accounts, bank statements and trading history to decide the amount and rate and a personal guarantee from a director is often requested.
Unlike traditional bank lending, commercial finance can be tailored around the specific circumstances and objectives of the business.
It varies by lender, but usually up to £1M with a term of up to six years . Usually unsecured business loans range from £5,000 up to £500,000 for established businesses. Turnover, profitability and time trading all play a part in how much you can get and for how long. We compare options across our panel to find the strongest fit for your circumstances with the best interest rates.
Some unsecured facilities complete within days once documents are in. More complex cases take longer. The earlier we talk, the faster we can move when you need to.
A good conversation costs nothing and often opens more doors than you would expect. Tell us where you want to take your business, and we will show you how the right funding can help you get there.
