Unsecured business loans
Borrow without putting your property on the line.
An unsecured loan isn’t tied to your premises, home or equipment. We’ll help you understand what lenders ask for instead, and find the ones that suit your business.
- Borrow
- £1k–£1m
- across lenders on our panel
- Repay over
- 1–60 months
- Security
- None
- a personal guarantee is common
- Cost to check
- £0
Ranges reflect lenders on our panel. What you’re offered, and the cost, depends on your business and the lender.
Good for
- Businesses without property or large assets to offer as security
- Owners who don’t want to put their home forward
- Working capital, stock, marketing or hiring
- Bridging the gap while you wait for customers to pay
How it works
- 1
Tell us what you need
Share the amount, the purpose and a few details about the business.
- 2
Talk it through
Your adviser explains what unsecured lenders on our panel look for and what a personal guarantee would mean for you.
- 3
We handle the lenders
We prepare your application and submit it to the lenders most likely to say yes on good terms.
- 4
Choose with the full picture
We set out the cost, term, fees and guarantee for each offer before you decide.
Costs and trade-offs
What it costs, honestly.
How it’s priced
Because the lender takes on more risk without security, unsecured loans can cost more than secured borrowing. Rates and fees depend on your business and the lender. We show the total repayable on every offer so you can see the real cost.
Check the true cost of a quoteWhy people choose it
- No charge over your property or assets
- Often quicker to arrange than secured borrowing
- Fixed repayments you can plan around
Worth knowing
- A personal guarantee means you could be personally liable if the business can’t repay
- Usually costs more than secured lending
- Limits are often linked to your monthly turnover
What lenders usually look for
Every lender is different. If you don’t tick every box, talk to us anyway: part of our job is knowing who might say yes.
- Trading for at least 3 to 6 months, depending on the lender
- Consistent revenue through a business bank account
- A director willing to give a personal guarantee, for most lenders
- A credit history the lender can work with; some lenders consider adverse credit
What is a personal guarantee?
A promise from a director to repay the loan personally if the business can’t. It isn’t security over a specific asset, but it is a real commitment. Your adviser will explain the guarantee on any offer before you sign, and point out lenders that don’t ask for one.
Can I get an unsecured loan with poor credit?
Some lenders on our panel consider businesses and directors with adverse credit, usually on the strength of steady revenue. Tell your adviser where you stand and they’ll focus on lenders likely to consider you.
How much can I borrow without security?
Lenders on our panel offer unsecured loans from £1,000 up to around £1 million for larger, established businesses. Most limits are a multiple of your monthly revenue.
Other routes
You might also consider
- Business loansBorrow a lump sum and repay it in fixed instalments. An adviser looks across our panel, explains what each offer really costs and helps you choose with confidence.
- Merchant cash advanceGet an advance against your future card sales and repay a small share of each day’s takings. On quiet days you repay less; on busy days, more.
- Revolving creditA revolving credit facility gives your business a set limit. Draw what you need, repay it, and the funds are there again next time.
Your next move starts with a clearer view.
Tell us what you need. We'll show you the routes that fit your business and help you take the next step.