Small business loans from £50,001

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 from 1.8%-7.4% 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 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 as little as 5 hours.

How much can you borrow for a small business loan?

At Funding Circle we offer unsecured business loans from £50,001 up to £500,000. Apply now to find out how much you are eligible for.

Can I get a small business loan if I already have a Bounce Back Loan?

If you have a loan under the Bounce Back Loan Scheme (BBLS) you can still apply for a small business loan of £50,001 up to £500,000. If your application is successful, we’d then ask you to settle your Bounce Back Loan.