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Business loans provide additional funds for commercial organisations to grow or expand their operations – especially if they do not have the funds readily available to take a business opportunity when it arises. Select a product below to be connected to B2B finance. They offer a brokerage service and have trained advisers to help you secure the best loan for your business.

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Santander Business Logo
Santander Business 123 Business World Loan
Rate
Fixed: Min 4.9% APR
Margin
N/A
Min/Max advance
£2K - £25K
Term
1yr to 5yrs
Fee
None
Barclays Bank UK Logo
Barclays Bank UK Barclayloan for Business over £25K
Rate
Variable: Available
Fixed: Available
Margin
Negotiable
Min/Max advance
£25001 - Negotiable
Term
Max 20yrs
Fee
Negotiable
Barclays Bank UK Logo
Barclays Bank UK Barclayloan for Business under £25K
Rate
Variable: Available
Fixed: Available
Margin
Negotiable
Min/Max advance
£1K - £25K
Term
Max 10yrs
Fee
None
Bank of Scotland Logo
Bank of Scotland Base Rate
Rate
Variable: 0.75%
Margin
Negotiable
Min/Max advance
£1K - Negotiable
Term
0yr to 25 yrs
Fee
Up to 1.5%
Lloyds Bank Logo
Lloyds Bank Base Rate
Rate
Variable: 0.75%
Margin
Negotiable
Min/Max advance
£1K - Negotiable
Term
0yr to 25 yrs
Fee
Up to 1.5%
Allied Irish Bank (GB) Logo
Allied Irish Bank (GB) Business
Rate
Variable: LIBOR
Margin
Negotiable
Min/Max advance
Negotiable
Term
Negotiable
Fee
Negotiable
Triodos Bank Logo
Triodos Bank Business
Rate
Variable: 0.75%
Fixed: Available
Margin
Negotiable
Min/Max advance
£100K - Negotiable
Term
Max 25yrs
Fee
Negotiable
Cynergy Bank Logo
Cynergy Bank Business Loan
Rate
Variable: LIBOR
Fixed: Available
Margin
Negotiable
Min/Max advance
N/A - Negotiable
Term
Max 10 yrs
Fee
1.5%
NatWest Logo
NatWest Business Loan
Rate
Variable: 0.75%
Fixed: Max 10yrs
Margin
Negotiable
Min/Max advance
£1K - Negotiable
Term
Up to 25yrs
Fee
Negotiable
Royal Bank of Scotland Logo
Royal Bank of Scotland Business Loan
Rate
Variable: 0.75%
Fixed: Max 10yrs
Margin
Negotiable
Min/Max advance
£1K - Negotiable
Term
Up to 25yrs
Fee
Negotiable
Disclaimer

All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing. ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. A CREDIT ASSESSMENT WILL BE REQUIRED. YOU SHOULD NOT APPLY FOR AN AMOUNT THAT YOU CANNOT AFFORD TO REPAY NOW AND IN THE FUTURE.

Affordable business loans

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Contact our business loans experts today!

Moneyfacts.co.uk has chosen B2B finance to offer a Business Loans brokerage service. B2B are experts in business finance offering exclusive products and access to a range of lenders from high street banks and specialist lenders. Their experienced advisers provide excellent customer service and have the knowledge to match your business finance needs to the right commercial lender.

Any legal or contractual relationship will be with B2B finance.

Business loans

nigel woollsey

Nigel Woollsey

Online Writer
Published: 13/03/2019

At a glance

 

  • Unlike personal loans, business loans are often secured – meaning you will need to put something up as collateral.

Bank business loans - things to consider

Whether you need to finance a business start-up, an asset purchase, or to make refurbishments to your premises, a business loan is often your first port of call.

Business loan basics

Business loans will usually be individually priced and have negotiable terms and conditions. The provider will want to take a detailed look at your past accounts and current balance sheet as well as your future forecasts and plans. They will then determine the credit risk that your business presents, and price the interest rate accordingly.

Some providers will offer a fixed rate option, so your business can budget for the loan repayments, though many business loans have a variable rate, which means the rate (and therefore your repayments) could change. Providers can also be very flexible on the loan term – business loans can be offered for far longer terms than personal loans, but remember that while a longer term means lower payments, it also means more interest to pay over the term of the loan.

For some business loans a lender may ask you to put up collateral as security should you not be able to make the repayments on your loan. If your business is new, or doesn’t have assets to put up as security, you may be asked to put up your personal property as security instead. There may be a fee to pay to arrange the loan as well, which is often negotiable.

Pros and cons of business loans

  • The interest on business loans is tax deductible.
  • Interest rates tend be a better than borrowing from alternative sources (such as credit cards).
  • The lender has no say in what you use the loan for (although they will expect to see a copy of your business plan and will ask what you need the loan for).
  • Many business loans will require some collateral (or security) against the sum you intend to borrow.
  • If you fail to keep up with repayments you may lose your business premises or any other property owned by your business which has been put up as security.

Moneyfacts tip

Moneyfacts tip nigel woollsey

Just as with any kind of loan, you are best advised to shop around to find the best deal for the sum you require and the period that the loan is to be taken over.

Disclaimer

ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. A CREDIT ASSESSMENT WILL BE REQUIRED. YOU SHOULD NOT APPLY FOR AN AMOUNT THAT YOU CANNOT AFFORD TO REPAY NOW AND IN THE FUTURE.

businesswomen in a meeting

At a glance

 

  • Unlike personal loans, business loans are often secured – meaning you will need to put something up as collateral.

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