Do I need to provide security or a personal guarantee?
Whether you must give security or a personal guarantee depends on lender, loan type and credit; negotiate limits and seek legal advice.
Category Business Loans
How much can my company borrow?
Estimate your company's borrowing power — from a few thousand to millions — based on profits, assets, credit and loan type. Try a Quick Quote.
What are the minimum eligibility criteria (turnover, trading history)?
Typical UK business lending needs 12–24 months trading and ~£100k–£250k turnover; specialist, asset-backed or brokered options accept lower thresholds.
Can sole traders or franchises apply through you?
Best Business Loans doesn't accept sole traders or most franchise enquiries via our AI matcher. Incorporated franchisees may qualify—use Quick Quote.
Do you provide financial advice or just introductions?
Best Business Loans matches UK businesses to lenders and brokers using AI - we're an introducer, not an FCA-authorised regulated financial adviser.
How does your AI matching choose lenders for my business?
Our AI matches your Quick Quote with vetted lenders using rules, ML and human oversight—ranked by fit, speed, price and compliance for best results.
What information do I need to complete the Quick Quote?
Complete our Quick Quote with business identity, funding purpose & amount, recent financials, credit/existing borrowing details, and consent to share.
Will my Quick Quote affect my credit score?
Quick Quote uses soft searches and anonymised matching, no impact on personal or business credit. Hard searches occur only if you proceed.
How long does funding typically take after submitting a Quick Quote?
After a Quick Quote, funding can range from same-day for fast advances to 6-10+ weeks for secured deals. Prepare documents and be responsive.
How quickly can I get a Decision in Principle for a business loan?
Get a Decision in Principle for a business loan in minutes to days—digital lenders and brokers are fastest. Prepare docs, use Quick Quote to speed up.
Do you promise the lowest business loan rates on the market?
We don't promise the lowest loan rates. Best Business Loans matches UK businesses with lenders/brokers, focusing on fit, transparency and cost.
Do lenders usually require personal guarantees from directors?
Many lenders ask directors for personal guarantees, especially for smaller or riskier businesses; guarantees can sometimes be negotiated or limited.