Will submitting a Quick Quote affect my credit score?

No. Submitting a Quick Quote to Best Business Loans does not involve a credit check. If you choose to proceed with a provider, they may run a soft or hard check with your consent. Providers will explain their process and any impact on your credit file beforehand.

When might fees apply later in the process?

Some lenders or brokers may charge arrangement, brokerage, valuation, legal, or administration fees if you decide to proceed and complete a facility. These fees are set by the provider, disclosed in writing, and you can decline if you are not comfortable. Best Business Loans does not charge a fee to submit an enquiry.

How does Best Business Loans get paid?

We may receive an introducer commission from a lender or broker if you complete funding through them. This does not create any fee for you to submit a Quick Quote or be introduced.

Are there any hidden fees or obligations?

No. There are no hidden submission fees and no obligation to proceed. Any potential costs from providers will be disclosed upfront before you commit.

Do you charge any fees to submit a Quick Quote or eligibility check?

Q: Do you charge any fees to submit a Quick Quote or eligibility check?

No. Submitting a Quick Quote, Decision in Principle or initial eligibility check with Best Business Loans is free and without obligation. We do not charge an enquiry fee at any stage of the initial matching process.

1) The short answer: No — submitting a Quick Quote or eligibility check is free and without obligation

No, Best Business Loans does not charge any fees to submit a Quick Quote, Decision in Principle, or initial eligibility check. Submitting your details on our site is free and comes with no obligation to proceed.

We’re an independent introducer that helps established UK businesses connect with suitable lenders or brokers. We don’t provide loans directly, and we do not take any payment from you for making an enquiry or being introduced to finance providers.

What you can expect from us is a fast, secure, and transparent way to understand which funding routes may fit your business. You stay in control at every step.

What “free to submit” means in practice

No fees to fill in our Quick Quote form.
No fees for our initial AI matching and eligibility guidance.
No obligation to proceed after you are introduced to providers.

If a provider suggests any costs later in the process, those will be their fees — not ours. You’ll be told about them upfront and can walk away if you’re not comfortable.

2) How our free Quick Quote and eligibility check works

Submitting a Quick Quote takes a couple of minutes and is designed to be simple and time-saving. The process is designed to be fair, clear and not misleading, in line with the spirit of UK advertising rules.

We use AI-driven matching to help you find relevant finance providers for your purpose, sector, and profile. This saves you hours of contacting multiple companies and explaining your situation repeatedly.

Step-by-step: what happens after you submit your details

You complete the Quick Quote form with key business facts and funding goals.
Our AI analyses your profile against funding types and provider criteria.
We introduce you to suitable lenders or brokers who may be able to help.
You decide whether to share documents, proceed, or explore other options.

The initial matching stage is free with no commitment to apply. If a provider wishes to perform a credit check, they will ask for your consent first.

About soft and hard credit checks

Early-stage eligibility assessments by providers often use a soft check that does not impact your credit score. If you choose to proceed to a full application, a hard search may be required by the provider, which can be recorded on your credit file.

Providers will explain their approach before running any checks, and you can opt out if you’re not ready. We believe being upfront about this helps you make an informed decision.

Important eligibility notes

We currently support established UK businesses only, not start-ups, sole traders, franchises, property finance, or commercial mortgages. If you’re unsure whether you fit, submit a free Quick Quote and we’ll advise if alternatives may be more suitable.

3) When might costs apply later — and who sets them?

Submitting your Quick Quote through Best Business Loans is free. However, some lenders or brokers may charge fees if you decide to move forward with a formal application, accept an offer, or complete funding with them.

Those fees are set by the finance provider, not by us. You will be told clearly about any costs before you agree to proceed.

Common provider fees you might encounter

Arrangement or facility fees charged by the lender when a loan completes.
Brokerage fees in certain cases, which will be disclosed before you commit.
Valuation, survey, or legal fees where applicable to the product type.
Documentation or administration fees set by the provider, if any.

Not every product carries a fee, and in many cases, costs are built into the facility or paid by the lender. Always check the Key Facts, Offer Letter or facility documentation you receive from the provider.

Our remuneration and your costs

Best Business Loans may receive an introducer commission from a lender or broker if you go ahead with a facility. This does not affect the price you pay to submit an enquiry on our site because submitting is free.

We will never ask you for an upfront fee to submit a Quick Quote or to be introduced. If anyone claims to be us and requests a payment at this stage, do not proceed and contact hello@bestbusinessloans.ai.

Transparency you can rely on

Any potential charges from providers will be shared in writing before you sign. If the terms do not work for you, you are free to decline and there is no fee payable to us for having explored your options.

4) Fair, clear, and not misleading: our commitment to responsible information

While we are not the lender and do not provide regulated credit ourselves, we aim to uphold high standards consistent with the FCA’s “clear, fair and not misleading” principles for financial promotions. Our goal is to help you make informed, confident decisions.

We make no promises of guaranteed approval or the cheapest rate in the market. Instead, we focus on connecting you with relevant providers who are actively lending in your sector and explain costs, risks, and obligations in plain English.

What you can expect from our communications

Clear explanations of what’s free and what may carry a cost later.
Upfront disclosure of provider fees before you choose to proceed.
No pressure selling, no obligation to accept any offers you receive.
Balanced guidance about credit checks and potential impact on your file.

We also follow Google’s financial advertising policies and UK advertising guidelines to ensure accuracy and helpfulness. If you spot anything unclear on our site, let us know and we’ll fix it.

Your data, handled with care

Your information is handled securely and shared only with relevant finance professionals for your enquiry. We never sell your data and we only introduce you to providers who may genuinely be able to help.

We operate as an independent introducer and our role is to help you find a suitable direction — quickly, transparently, and without unnecessary complexity.

5) Next steps, quick FAQs, and how to get started

If you need clarity on costs before you invest time, here it is again in one line. Submitting a Quick Quote or eligibility check with Best Business Loans is free, with no obligation, and no hidden submission fees.

From there, you’ll only see costs if you actively choose to proceed with a lender or broker who clearly discloses their fees. You stay in control at every stage.

Quick FAQs

Is it really free to submit? Yes. Completing our Quick Quote or eligibility check is free and without obligation. You will never be asked to pay us to submit an enquiry.

Will this affect my credit score? Your initial enquiry with us does not involve a credit check. If you proceed, a provider may perform a soft or hard search with your consent and will explain the impact beforehand.

Do you charge broker fees? We do not charge any fee to submit an enquiry. If a broker fee applies later, the broker will disclose it upfront and you can choose whether to proceed.

How do you get paid? We may receive an introducer commission from a lender or broker if you take out a facility. This does not create a fee for submitting your enquiry on our site.

Which sectors do you support? We help many established UK sectors including manufacturing, construction, logistics, healthcare, retail, and hospitality. If you operate in hospitality, see our guidance on restaurant loans to understand common options and eligibility factors.

What to do now

Submit your Quick Quote — it’s free, fast, and secure.
Review introductions to relevant lenders or brokers.
Compare terms, ask questions, and proceed only if it’s right for you.

We won’t claim to have every lender or guarantee the lowest rates. We will, however, help you cut through the noise and find realistic options faster.

Key takeaways

It is free to submit a Quick Quote or initial eligibility check with Best Business Loans.
No obligation to proceed and no upfront fees from us at the enquiry stage.
Some lenders or brokers may charge fees if you choose to proceed, disclosed upfront.
We may receive an introducer commission if you complete funding with a provider.
You control consent for any credit checks and can withdraw at any time before signing.

Updated: October 2025

Ready to explore your options with confidence? Start your free Quick Quote now and let our AI connect you with suitable UK funding providers.