Frequently Asked Questions

How long do business loans take to get?

Business loans from banks take 8 weeks from application to having the money in your bank account. There are other options of course which we can talk through.

What period do you typically have to repay business loans over?

The shortest business loan is theoretically an overdraft which gives you ultimate flexibility. In terms of an actual loan the shortest term is typically 1 year. Commercial mortgages on the other hand can be spread over 25 years. Again, we can talk through the options with you.

What interest rates are charged for business loans?

Bank interest rates for small business loans are typically 13-15% APR. Always make sure you get the APR as lots of provides may refuse to quote on this basis. There are cheaper options from new providers which have entered the market since the banks entered their difficulties.

Does Business Loans UK charge any fees for their services?

We do not charge any fees to you the business. Lenders, such as banks, will pay introducers such as us a commission. Think of it as an alternative to them spending money on marketing. It is typically 0.5%-1.0% of the loan value.

How do I get in touch with Business Loans UK?

Complete the business loan form and we will be in touch before you know it.