Is there any obligation to proceed after receiving matches or a Decision in Principle?
No obligation to proceed after lender matches or a Decision in Principle. DIPs are indicative; Quick Quote is free—you're always in control.
Category Business Loans
Can I apply if I already have BBLS, CBILS or other business loans?
You can often apply for new business finance despite BBLS/CBILS if affordability, payment conduct and a clear funding purpose meet lenders' criteria.
Is our data handled securely, and will you sell or share it beyond this enquiry?
We handle your data securely under UK GDPR, never sell it, only share minimal details with relevant lenders for your enquiry - you control access.
Can we repay a business loan over years or longer?
Many UK business loans can be repaid over multiple years — unsecured 1–7 yrs; secured and commercial mortgages up to 25 yrs. Choose term by purpose.
What is the minimum and maximum loan size you can help us explore?
Explore funding for established UK businesses from about £5,000 to £25m+ using our AI matching—introducing you to lenders; free Quick Quote.
What is the minimum trading history or turnover most lenders require?
Most UK lenders want 12+ months' trading and c.£75k–£250k turnover; banks prefer 24 months. Invoice finance/MCA can work from 3–6 months.
Am I eligible for the Growth Guarantee Scheme as a hospitality business?
Most UK hospitality businesses — pubs, restaurants, hotels, cafés — may qualify for the GGS, subject to lender criteria, affordability and docs.
Do you charge any fees to submit a Quick Quote or eligibility check?
Quick Quote or eligibility checks are free and without obligation; we introduce you to lenders/brokers, and any later provider fees are disclosed.
Are you a lender or an introducer/broker?
Best Business Loans is an independent introducer, not a lender — AI-matching helps UK SMEs find lenders or FCA-authorised brokers. Quick Quote free.
What happens if my first application is declined — can you re-match me with other providers?
If your first application is declined, we can quickly re-match you with UK lenders by refining your profile, prioritising soft checks and funding.
Can I get funding if my business has an adverse credit history?
Adverse credit doesn't bar funding - lenders focus on affordability, assets, invoices or card takings; expect tighter terms, more documentation.
Do you run soft or hard credit searches during the matching process?
We don't run credit searches during matching. Providers may use soft searches, bank statements/Open Banking with your consent; hard checks come later.