- Unsecured small business loans
- Borrow up to £250,000
- Terms from 2 - 5 years
- Decision typically in 24 hours
- No upfront or early settlement fees
The Government-owned British Business Bank is supporting the UK’s small businesses with the Coronavirus Business Interruption Loan Scheme (CBILS). .
Small business loans to keep your business going
Small business loans provide a simple, low-cost way to borrow for your business. You can borrow for working capital, growth or expansion, and you’ll get fixed monthly repayments so you can plan with confidence.
You don’t need to make any repayments for the first 12 months. With rates between 1.4%-8.9% APR, no upfront fee and no interest to pay for 12 months either, a small business loan can be much more affordable than a business overdraft or credit card. You can also borrow unsecured without putting down property or assets as a security, and there’s no fee if you want to pay off your loan early in one go.
How do you qualify for a small business loan?
Qualifying for a small business loan depends on your situation and we take a number of factors into account. Unfortunately, you won’t qualify for a Funding Circle loan if you have been trading for less than three years.
To find out if you qualify for a small business loan apply here.
Are small business loans hard to get?
We’ve made applying for a small business loan fast and hassle-free. You can apply online and you’ll get a decision typically in 24 hours.
How much can you borrow for a small business loan?
Small business loans for coronavirus:
- Boost your cash flow
- Pay business expenses
- Help with payroll
- Pay a one-off cost
- Grow your business
- Cover revenue gaps
How do I apply for a CBILS business loan?
It’s quick and easy to apply online and you’ll receive a fast decision to take your business forward.
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.
Decision in 24 hours
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. If you’re already a customer and have been impacted by Covid-19, please give us a call on our dedicated line.
Please note that due to an increase in call volumes, wait times are longer than usual. We appreciate your patience.
Loan enquiries firstname.lastname@example.org
COVID-19 helpline 0203 966 1186
Business customer support email email@example.com
Open Mon-Fri, 9am-6pm
Learn more about your options for small business loans
Business loan calculator
Find out how much a loan could cost with our business loan calculator.Learn more
Find guides, tips and more in our dedicated resource centre for small business owners.Learn more
Learn what you can borrow for, how to apply and how we’ll help you with a quick decision.Learn more
How it works
See how our business loans work and how we can help you go further.Learn more
Get a government-backed small business loan to help with coronavirus.Learn more
Secured or unsecured loans
Understand the difference between the two and find the right option for your business.Learn more