- 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.
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
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.
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
Recovery Loan Scheme
Apply for the Government's Recovery Loan SchemeLearn more
Secured or unsecured loans
Understand the difference between the two and find the right option for your business.Learn more