Self employed loans for small businesses

Take control of your future with finance from the business loan specialists. Apply in 10 minutes today.

  • Apply online in 10 minutes
  • Decision in as little as 1 hour
  • Borrow £10,000 to £500,000
  • Rates from 2.9% - 12.1% p.a.
British Business Bank

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). .

Business loans for small business owners

Our self employed loans provide a simple, low-cost way to borrow money for your business and with fixed monthly repayments it is easy to plan for the future.

What does it mean to be self-employed?

Being self-employed means that you work for yourself, rather than working for an employer, which gives you more freedom to choose a way of working that’s right for you.

Types of self-employment loans

There are three types of self-employment that each have different benefits:

Sole trader loans:A self-employed sole trader is the simplest way to start your own business. Sole traders work on their own and are personally liable for any loans or debts.

Partnership loans:A self-employed partnership is a minimum of two people that share responsibility for a business. Each person’s income and liability is proportional to their share in the business.

Limited company loans:A limited company is when the business is a separate legal entity from the owners. The company itself is liable for any loans or debt, rather than the owners having to be personally liable.

At Funding Circle we’re currently accepting applications from limited companies and LLPs that have been trading for 2 or more years.

Self Employed Loans:
  • Boost your cash flow
  • Pay business expenses
  • Help with payroll
  • Manage uncertainty
  • Grow your business
  • Cover revenue gaps

Check your eligibility in 30 seconds with our online form without affecting your credit score.

Amy at Strings Club’s self-employed loan enabled her to expand her business to 6 clubs across the country and keep up with increased demand. Read more.

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.

  1. Check if you qualify in 30 seconds

    See if you’re eligible without affecting your credit score.

  2. Apply online in 10 minutes

    Tell us about you and your business with our simple application.

  3. Get your decision

    If approved, you’ll receive a no-obligation, personalised quote.

  4. Your loan is funded

    Once you accept, we run some final checks to process your loan and deposit the money straight into your account.

Apply now

Here to help if you need us

Our UK-based team are here to help throughout your loan.

0800 048 2467

Need help? Call us.

Brilliant service and every step is made to be as easy and straight forward as possible.
Mel, March 2021

118,000 businesses have financed their goals by borrowing £13.1 billion through Funding Circle.

£13.1 billion
Lent to businesses

Related resources

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

Resource centre

Find guides, tips and more in our dedicated resource centre for small business owners.

Learn more

Business loans

Learn what you can borrow for, how to apply and how we’ll help you with a quick decision.

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How it works

See how our business loans work and how we can help you go further.

Learn more

Recovery Loan Scheme

Apply for the Government's Recovery Loan Scheme

Learn more

Secured or unsecured loans

Understand the difference between the two and find the right option for your business.

Learn more

We’re here to help

Contact our team if you have any questions.

0800 048 2467

Need help? Call us.