Is it free to submit my details and is there any obligation to proceed?

Short answer

Yes — submitting your details to Best Business Loans is free, and you are under no obligation to proceed with any lender or broker we introduce. We act as an independent introducer that connects UK businesses to lenders and brokers; we do not provide loans ourselves.

What “free to submit” actually means

Clear, no-cost initial enquiry

When we say it’s free to submit your details, we mean exactly that — there is no charge from Best Business Loans to complete a Quick Quote or eligibility check. Completing an online enquiry form takes a few minutes and does not trigger a payment request from us.

We gather basic information about your business and funding needs so our AI can match you to lenders and brokers who may be able to help. That matching and the initial introductions are provided as a free service by Best Business Loans.

Any fees for advice, broker services or lender initiation would only be charged by the provider you choose, and only after you have agreed to their terms. We make this clear before you are connected so you can make an informed choice.

No obligation to proceed: what that looks like

You remain in control

Submitting an enquiry does not create a contract or obligation to take finance. You are matched and introduced to potential providers, and it is entirely up to you whether you continue discussions, apply, or accept any offer.

If a lender or broker contacts you after a match, you can ask questions, seek independent advice, or decline to proceed with no penalty from Best Business Loans. Any contractual relationship and payment obligations would be between you and the chosen provider after you accept their terms.

We encourage businesses to compare offers, check full terms and ask for a Decision in Principle or sample agreement before committing. Our aim is to give you options, not to pressure you into a particular product.

Data sharing, contact and consent

Who sees your information and why

When you submit a Quick Quote we use your answers to match against our network of lenders and brokers. We only share your details with providers who are relevant to your enquiry and who have agreed to receive introductions from us.

We will always seek your consent before sharing sensitive or additional information beyond the initial Quick Quote. You will also be told which provider(s) we propose to introduce you to and why they might be a fit for your business.

How you may be contacted

Providers may contact you by phone or email to discuss your requirements or request further documentation. You can set communication preferences on the form, and you can opt out of further contact at any time.

We will never sell your data. We operate under a clear privacy policy that explains how information is stored, who it may be shared with, and how you can request deletion. This keeps introductions efficient while protecting your confidentiality.

Credit checks, soft searches and potential fees

What to expect regarding credit checks

Initial matching is typically done without a hard credit search, using company-level data and the information you provide. Most initial enquiries result in a soft credit check or no credit check at all, and these do not affect your credit file.

Some lenders or brokers may require a hard credit search later in the process to progress an application or issue an offer. A hard search will only be performed with your explicit consent and after you have agreed to proceed with that provider.

Fees from lenders or brokers

Some brokers charge arrangement or success fees, and some lenders have origination or administration charges. Any such fees would be disclosed to you by the provider before you agree to their service or sign an agreement.

If you prefer to avoid broker fees, tell us on your enquiry and we will prioritise introductions to fee-free lenders or fixed-fee brokers when possible. We also link to specific product pages such as refinance options that can help you compare alternatives like refinancing existing agreements for cost savings: refinance options.

How to proceed safely and next steps

Practical steps after submitting your Quick Quote

Once you submit your Quick Quote you will receive feedback on likely options and, where suitable, introductions to lenders or brokers in our network. You can request a Decision in Principle or ask for more detailed quotes before you commit.

Before you accept any finance, check full terms including interest rate, fees, repayment schedule and whether the product is regulated. If in doubt, seek independent financial or legal advice so you can compare accurately and protect your business interests.

Our platform is designed to make comparison easier and faster, but you decide whether to progress. If you want immediate help, use our Quick Quote form and request an eligibility check or Decision in Principle to understand your position without obligation.

Key compliance and transparency points

Best Business Loans is an independent introducer and is not itself authorised by the Financial Conduct Authority to provide regulated lending. We do, however, follow FCA principles of clear, fair and non-misleading communications in our advertising and customer interactions.

We also encourage providers in our network to be transparent about charges, eligibility, and regulatory status so you can weigh options with confidence. Our website and communications will always aim to present accurate and helpful information to assist decision-making.

Final summary: in short

Submitting your details on BestBusinessLoans.ai is free and carries no obligation to accept any offer. We match you to relevant lenders and brokers, and you remain fully in control of any next steps.

Providers will only charge fees or perform hard credit checks with your express consent. If you want an eligibility check, Decision in Principle or a bespoke quick quote, use our online form to get started — fast, secure and obligation-free.

Key takeaways

• Free to submit: Yes — Quick Quotes and eligibility checks are free from Best Business Loans.
• No obligation: You decide whether to proceed with introductions we provide.
• Data & consent: We share information only with relevant providers and with your consent.
• Credit checks & fees: Hard searches and provider fees occur only after you agree to proceed.
• Support: If you need help, our team can explain next steps before you submit a quote.

Need help now?

If you have questions before submitting a Quick Quote, contact our UK support team at hello@bestbusinessloans.ai. You can also complete the Quick Quote form for an instant eligibility check and fast matches to relevant lenders or brokers.

Best Business Loans helps UK businesses compare finance options quickly, securely and without pressure. Start your free Quick Quote today and see what options are available to your business.