- Apply online in 10 minutes
- Decision in as little as 1 hour
- Borrow £10,000 to £500,000
- Rates from 4.3% - 12.1% p.a.
Funding Circle is accredited by the Government-owned British Business Bank to provide business loans of £25,001 to £350,000 under the Recovery Loan Scheme (RLS). .
What’s the difference between secured and unsecured business loans?
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.
Secured loans allow you to 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. It’s a great option for 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
- Manage uncertainty
How to apply for a business loan
It’s quick and easy to apply for small business finance online and our support team are on hand if you have any questions.
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 application.
Get your decision
If approved, you’ll receive a no-obligation, personalised quote.
Your loan is funded
Once you accept, we run some final checks to process your loan and deposit the money straight into your account.
Here to help if you need us
Our UK-based team are here to help throughout your loan.
Funding Circle was the first “marketplace lender” to join the UK’s Coronavirus Business Interruption Loan SchemeThe Financial Times, April 2020