Business Loan

Business Loan

Business Loan Options From £1,000

Loan Type
Royal Bank of Scotland Business Loan
APR/APRC
9.99% APR
Representative (£15,000-£24,999)
Loan Term
1 to 10 Years
Borrow
£1,000 to £50,000

Call FREE on 0333 455 1259

Representative Example:The Representative APR is 9.99%. Based on an assumed loan amount of £15,000 over 48 months at an interest rate of 9.56% p.a. (fixed). Monthly repayment £377.28 & total repayable £18,109.30.

Loan Type
NatWest Business Loan
APR/APRC
9.99% APR
Representative (£15,000-£24,999)
Loan Term
1 to 10 Years
Borrow
£1,000 to £50,000

Call FREE on 08081 636 080

Representative Example:The Representative APR is 9.99%. Based on an assumed loan amount of £15,000 over 48 months at an interest rate of 9.56% p.a. (fixed). Monthly repayment £377.28 & total repayable £18,109.30.

Loan Type
Business Loan For Growth
APR/APRC
7.20% APR
Loan Term
1 to 10 Years
Borrow
From £100,000 to £2 Million

Call on 0203 880 8890

Clifton Private Finance are an independent broker

Loan Type
Invoice Finance
Minimum Turnover
£50,000 pa
Invoice Finance From
£3,000
Fast Decision

Call on 0203 880 8890

Clifton Private Finance are an independent broker

How To Get A Business Loan

In finding a suitable loan for your business it is important to understand the different types of business loan available and to ensure you are getting the right finance suited to your requirements.

Business loans can be categorized under the following:

Government Loans

Your business may be entitled to a Government business loan or grant depending on the nature of your business and location. The Government start up scheme funds and mentors entrepreneurs where a low cost unsecured loan is made available over a 5 year term for qualifying businesses. Interest is paid on the loan and capital repayment holidays are available.

Unsecured Business Loans

Some lenders will consider providing a business if it has a strong trading record an unsecured loan although most lenders will want some form of security for larger loans. A number of new lenders using smart technology to analyze your monthly accounts and business model can offer loans for qualifying businesses on a unsecured basis. For start up businesses unsecured loans are usually capped.

Secured Loans

A business secured loan is where generally the assets of the business are used as security for a loan.

Business Bridging Loans

Typically loans between 1 and 12 months business bridging loans provide short term finance to cover a short term gap in funding. Use our bridging loan service to find the most cost effective deals in the market.

Business Loan Service

Business Loans For Growth

  • Loans From £100,000
  • For businesses with a 15 month+ trading record
  • Market leading rates
  • Fast application

Call on 0203 880 8890 

A lender will look at a number of factors before deciding to lend to your business.

Your business credit profile is a key consideration in this decision making.

UK credit agencies record 5 elements in working out your profile:

  • Your payment history
  • Your total amount of debt
  • Time & length of credit
  • Types of finance you already have
  • Recent applications for finance

1 and 2 contribute most to your business credit rating. As well as the factors above there are also other considerations that come into play e.g. amount of existing credit you have, number of credit cards held, time you have had a credit history.

As you build up your business credit score is more about your business rather than your personal situation.

If you wish to improve your credit score you should consider:

  • Making any credit payments on time
  • Make sure you are on the electoral register
  • If you are a limited company you file full rather than abbreviated accounts at Companies House
  • Build up use of your business current account to evidence turnover
  • When inquiring about finance ensure only that you get quotes until you are ready to proceed.

Things to avoid include:

  • Making multiple finance applications with different lenders – credit searches or “footprints” show on your credit record. Multiple searches can have a negative impact on your credit rating.
  • Exceeding your overdraft limit with your bank without prior approval
  • Missing payments on a loan or credit card

NatWest Small Business Loan

Small Business Loans

  • Loans up to £50,000
  • Fixed rate of interest
  • Fast application

Call FREE on 08081 636 080