Fast, flexible unsecured business loans for cashflow, growth, and opportunity. No property security required.
There are plenty of mortgage advisers in Northampton. Here is what is different about how we run things, in plain terms.
The offer isn't the end, it's the start of the slow bit. We chase the lender, push the solicitor, and handle surveyor queries.
An unsecured business loan allows you to access capital without securing the borrowing against business assets such as property, equipment, or machinery. The lender’s decision is based primarily on the financial performance and trading history of the business. Funds are available as an upfront capital sum, repaid in fixed monthly instalments over an agreed term. Unsecured lending is typically faster to arrange than secured finance and involves less documentation and valuation time.
Unsecured finance is particularly well-suited to businesses that need capital quickly – to cover a seasonal cashflow gap, fund stock for a large order, invest in equipment without an asset finance facility, or seize a time-sensitive growth opportunity. It is also appropriate for businesses that lack property assets to use as security but have a strong trading record. Loan terms typically range from three months to five years.
Quick answers to what unsecured finance clients ask us most.
Unsecured business loans typically range from £5,000 to £500,000, though some specialist lenders go higher for strong businesses. The amount depends on your revenue, profitability, and trading history.
Trading history, revenue and profitability, cash flow, credit score, and the purpose of the borrowing. Most lenders want to see at least 12 to 24 months of trading history, though some newer specialist lenders are more flexible.
Many unsecured lenders, particularly for larger amounts, do require a personal guarantee from directors or business owners. This is not secured against property but does create personal liability if the business cannot repay.
For straightforward applications, decisions can come within 24 to 48 hours and funds can be released within days. More complex cases may take a week or two.
Secured lending uses assets such as property as collateral, providing the lender with recourse if the borrower defaults. Unsecured lending carries no such collateral, which typically means higher interest rates but faster access and less documentation.
It is more difficult. Most mainstream unsecured lenders want at least 12 months of trading history. Some specialist lenders consider newer businesses with strong personal credit and a credible business plan.
Working capital, stock purchase, equipment acquisition, marketing investment, hiring, cashflow gaps, or seizing growth opportunities. Almost any legitimate business purpose is acceptable to most lenders.
Unsecured rates are higher than secured lending due to the absence of collateral. Rates vary significantly based on business strength, loan size, and term. We compare the full market to find the most competitive rate for your profile.
Get in touch for a free consultation and we will find the right unsecured facility for your business.