- Company loans up to £500,000
- No upfront or early settlement fees
- Rates from 1.8%-7.4%
- Decision in as little as 5 hours
Funding Circle is accredited by the Government-owned British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). .
Straightforward limited company loan
If you’re a limited company, applying for one of our loans is fast and straightforward. To save you time, we can collect some of your details directly from Companies House. You can apply for a company loan in just 10 minutes, and you’ll receive a decision in as little as 5 hours.
Our company loans are provided under the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) which means you have nothing to pay for 12 months, and the Government will pay the upfront fee and first year of interest on your behalf. There’s also no fee for full early repayment, and no personal guarantee required up to £250,000.
Benefits of a company loan
- Simple application process
- Nothing to pay for the first 12 months
- Fast decisions
- Fixed interest rates
- No early repayment fees
- Move your company forward
How to get a company loan
Our simple application process means you can quickly get a company loan and then get back to running your business.
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 as little as 5 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 email@example.com
COVID-19 helpline 0203 966 1186
Business customer support email firstname.lastname@example.org
Open Mon-Fri, 9am-6pm
Frequently asked questions
A company loan is a business loan that is lent to a registered limited company.
Company loans start from £50,001 up to £500,000 and can be used for a wide variety of purposes.
To be eligible to for a company loan with Funding Circle you need to meet the following criteria:
- Business must be registered as a limited company
- Turnover of over £200,000
- Minimum 3 years of trading history
- Over 50% of turnover from trading activity (e.g. not from investments)
- Loan is for business purposes
- Loan is primarily for trading in the UK
Use our company loans eligibility check to see if you are eligible for a company loan.
If you’ve already been refused a business loan there are a few steps you can take before trying to apply for a company loan:
- Find out why your application was refused
- Review your business plan and your financials
- Improve your credit score
- Address any outstanding debts
You will likely be in a better position to reapply for a limited company loan once you’ve taken these steps.
Typically, you will get a decision on a company loan in as little as 5 hours. If your application is successful you should receive your loan within 7-14 days.
Yes you can settle your loan early after the first four months of your loan term. There are no fees for full early repayment. If you repay your business loan after the first 12 months, you must pay the interest due until the next repayment date.
Please refer to this article for more details on how to pay back your small business loan early.
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
Funding Circle was the first “marketplace lender” to join the UK’s Coronavirus Business Interruption Loan SchemeThe Financial Times, April 2020