December 8, 2022



10 Options For Funding Your Small Business

Our business loan is a great way to raise finance for your business. You could...

Our business loan is a great way to raise finance for your business. You could use the funds to carry out new plans – both essential and ambitious. Many small business owners use the money to pay for expensive equipment, place large stock orders, or hire new staff. Unlike a traditional loan, Capify’s is paid back in very small amounts regularly; either daily or weekly. The repayments are completely automated so you don’t need to do anything.

small business loans

To help you with a general idea of costs you can use our dedicated small business loans calculator. With a small business loan, you could qualify for a quick, short-term loan from as little as £1000 to £500,000 from one of our trusted direct lenders. Keep cash flowing – Cash flow can be a tricky part of business management. A short-term business loan could give you the breathing space you need to overcome potential issues.

Get A Business Loan Quote For Up To £25,000

Whether you’re looking for a funding boost or need a helping hand to recover after the pandemic, a Small Business Loan could be the ideal solution. It can help you to secure assets that may otherwise be out of your budget. The Government grant does not need to be paid back, there is no interest payable and you retain all the equity in your business. A Government loan, as loans in general, will need to be repaid with interest, whereas a grant does not.

  • If you’re experiencing such complications, it’s worth knowing that banks aren’t your only option.
  • You can receive funding to cover up to 20% of the cost of a low-emission van or truck, up to a maximum of £8,000.
  • Your business will need to be based in the UK to get a business loan with us.
  • The process is fully automated, so you can focus on growing your business.
  • It’s geared towards supporting experienced property professionals with residential property finance, commercial property finance, student accommodation finance, or mixed-use property finance.

It can be a daunting prospect but provided you have some understanding of the process, it can be done relatively simply. Your business credit will be thoroughly checked, but if you have any doubts it’s best to be upfront as soon as possible. Unlike most banks, which usually require at least two years to have passed since your business was started, Capify only requires small businesses to have been in business for six months. Our loans are tailored directly to the needs of small businesses and can be just what you need to give your business a quick cash injection.

Can You Get A Small Business Loan With Bad Credit?

If you need to raise funding for your project, you may be able to access £5,000 to build a thriving business. UnLtd also allocates dedicated award managers to all its small business grant recipients, and provides access to high-quality training opportunities and industry events. CRACK-IT Challenges – Encouraging collaboration between businesses and academics, this competition invites SMEs to solve scientific or technological processes or develop a brand-new product. If your application is successful, you can secure a contract of up to £1 million across a period of up to three years.

Borrow From £1,000 To £50,000

During the application process, applicants can get free support and guidance in writing a business plan and creating a cash flow forecast. Small business loans are perfect for businesses on the cusps of expansion and for those times when your business needs that bit extra to tide you over. We provide loans of £5,000 to £100,000 for small businesses throughout the UK to help your business grow and thrive. When working out how much a small business loan will cost, you’ll need to factor in fees as well as the interest rate attached to the loan. The interest rate will depend on the lender and type of product, as well as your business’ performance, credit history and sector.