Unsecured business loans up to £500,000

Get business funding without a personal guarantee or putting down assets as security.

  • Unsecured small business loans
  • Borrow up to £500,000
  • Terms from 2 - 5 years
  • Decision in as little as 5 hours
  • No upfront or early settlement fees
Working with British Business Bank

Funding Circle is accredited by the Government-owned British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). .

Unsecured Business Loans to keep your business moving forward

Unsecured 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 without needing to put down property or assets as a security, and there’s no fee if you want to pay off your unsecured loan early in one go.

What is an unsecured loan?

Unsecured loans allow you to borrow without giving security on any business assets, such as property or equipment. They’re a quick and easy way to get an affordable cash injection for your business.

As part of the Government’s Coronavirus Business Interruption Loan Scheme, no personal guarantee is required on loans up to £250,000. The business is liable for the full loan amount but, if the business is unable to repay, the scheme provides a guarantee to the lender.

Is an unsecured business loan right for me?

If you are a UK based business owner with a turnover of over £200,000 and a minimum of 3 years of trading history, then an unsecured loan could be a great option for you and your business.

To find out if you qualify for an unsecured business loan apply here.

Unsecured loans up to £500,000

Unsecured loans of up to £500,000 are available through Funding Circle. That means that even if you don’t have valuable assets, you can still make a significant investment in your business.

If you’ve been trading for 2 years or more, you could get an unsecured loan from £50,001 to £500,000 for almost any purpose, including working capital and asset finance. You can apply online and you’ll get a decision in as little as 5 hours.

Unsecured Loans for Almost Any Purpose
  • Boost your cash flow
  • Invest in your business
  • Refurbish premises
  • Manage uncertainty
  • Buy new assets
  • Cover expenses

Pete from Hackney Brewery was able to increase his ale production after taking a £30,000 small business loan to buy a new fermenter. Read more.

How do I apply for an unsecured business loan?

It’s quick and easy to apply online and you’ll receive a fast decision to take your business forward.

  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. Decision in as little as 5 hours

    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. 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 credit@fundingcircle.com

COVID-19 helpline 0203 966 1186

Business customer support email loanservicing@fundingcircle.com

Open Mon-Fri, 9am-6pm

By far the quickest and easiest small business loans. Professional service and a personal account manager. We will definitely use Funding Circle again.
Spiral Gymnastics Ltd. - Jan 2016

To help increase stock and upgrade their website, Christine Johnston at The Kite, Surf & SUP Company has taken two small business loans.

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.

Learn more

How it works

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

Learn more

Coronavirus loans

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
City A.M.
Funding Circle has teamed up with insurance giant Aegon in a small business lending partnership.
City A.M. August 2017

We’re here to help

Contact our team if you have any questions.

0800 048 2467

Need help? Call us.