What is a business loan?
A business loan is a fixed sum of money borrowed for a set period, repaid in regular monthly instalments. It can be unsecured (based on the creditworthiness of your business) or secured (backed by assets such as property or equipment).
Business loans are one of the most versatile forms of commercial finance — suitable for growth investment, equipment purchase, acquisition, working capital, refinancing existing debt, or almost any legitimate business purpose.
Who is a business loan right for?
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Growth-focused businesses looking to invest in expansion — new premises, equipment, staff, or marketing.
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Acquisition-minded businesses wanting to buy a competitor, supplier, or complementary business.
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Businesses refinancing existing high-cost borrowing into a more structured, lower-rate facility.
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Companies needing working capital for a specific project, contract, or seasonal demand.
Secured vs Unsecured — what's the difference?
Unsecured Loans
- ✓ No assets required as security
- ✓ Faster decisions and drawdown
- ✓ Usually up to £250k–£500k
- ⚠ Higher rates than secured
- ⚠ Often requires personal guarantee
Secured Loans
- ✓ Lower interest rates
- ✓ Higher amounts available
- ✓ Longer repayment terms
- ⚠ Asset at risk if you default
- ⚠ Longer process to arrange
What do lenders look at?
Every lender is different, but the core factors they assess include:
📊 Business turnover and profitability
📅 Time in business (usually 12m+)
💳 Personal and business credit history
🎯 Purpose of the loan
📈 Business plan and projections
🔒 Available security (if secured)
Get Expert Help
Tell us about your requirement and we'll identify the best-fit lenders for your business.
Speak to a Specialist →
📞 01392 241669
No obligation. We'll come back to you with clear options — usually within the same working day.