Compare business loans
We compare hundreds of UK providers to find the loans that match your needs.
- Find funding options in minutes.
- Get approved in as little as 24 hours.
- Loans matched to your business needs.
Partners you can count on
We’ll search 150+ trusted lenders to find the best funding for your business.
89%
of those who applied via a journey on money.co.uk are eligible for funding*. Find a loan
Get loan options fast
Share some business details and unlock tailored loan choices in just a couple of minutes.
1
Tell us about your business
Answer a few simple questions about your business.
2
Explore your options
Compare top loan offers tailored to your needs – all in one place.
3
Apply and get a decision
Complete your application and receive a response in as little as 24 hours.
Business loans at a glance
- A business loan means you can borrow a specific sum of money and pay it back, with interest, over a defined period of time.
- The loan must be used for business purposes, for example paying for stock, hiring employees or marketing.
- To be eligible for a loan, you'll need to be 18 or over, a UK resident with a UK registered business and able to pass relevant credit checks.
“A business loan can be the key to launching your idea or scaling an established venture. By preparing the right documents and checking your eligibility upfront, you can streamline the process and focus on achieving your goals.”
“A business loan can be the key to launching your idea or scaling an established venture. By preparing the right documents and checking your eligibility upfront, you can streamline the process and focus on achieving your goals.”
“A business loan can be the key to launching your idea or scaling an established venture. By preparing the right documents and checking your eligibility upfront, you can streamline the process and focus on achieving your goals.”
How to apply for a business loan
Before choosing your business loan, consider the following steps:
Why choose Us?
Share some business details and unlock tailored loan choices in just a couple of minutes.
Free to use
Our platform is completely free to use and we can help you find the right loan for your business just by answering few questions.
Competitive rates
We work with some of the biggest brands that offer business loans at competitive rates.
Experts in finance
We’ve been around for nearly two decades and a lot has happened during that time, but our commitment to supporting businesses hasn’t changed.
Get approved quickly
We understand that you might need a business loan quickly, so we work with partners that can help you to get approved in as little as 24 hours.
Government-backed start-up loans
The Start Up Loan scheme from the government aims to help small businesses via a loan of £500 to £25,000. This is not a traditional business loan as it is a unsecured personal loan that requires a credit check.
However, there’s no application fee and no early repayment fee, and you can repay the loan over a period of time up to five years with a fixed interest rate of 6% per year. The government also offers free suport and guidance for your business and there’s an opportunity for a year of free mentoring.
To apply for this type of loan you’ll need to live in the UK, be over 18, and either have a UK-based business or plan to start one.
Start Up Loans charge a fixed interest rate (per year) of
0
%
Other types of business loans available
FAQs
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.
Do I need a business account for a business loan?
Whether you need a business account for a business loan depends on the lender and the type of loan. Some banks may require you to have a business current account with them before they approve your loan application. However, certain loan programs, such as the government-backed Start Up Loan, may allow the loan to be deposited directly into your personal bank account instead. Always check the specific requirements of your lender to understand their policy on business accounts.