Unsecured Business Loans for Fast, Flexible Funding in the UK
If you need rapid business funding without putting up assets as security, our no collateral business loans are a great place to start. These flexible business loan solutions work for a wide range of needs—whether you’re setting up a new office, boosting cash reserves, hiring more staff, launching a marketing campaign, or exploring fresh business opportunities. Because these fast business finance options are often available as same day business loans, they can keep your plans on track when timing is critical.
With so many lenders offering different rates and terms, it’s wise to team up with an experienced business loan broker like NexGen. We’ll draw on our network of lenders to help you secure a suitable deal for your situation. By choosing Unsecured Business Loans UK, you can move quickly to handle unexpected costs or jump on new opportunities—without risking property or other assets as collateral.
Loan Features
Funding Amounts:
Borrow from £5,000 to £500,000, so you can cover anything from smaller day-to-day expenses to larger investments.
Flexible Terms
Repayment periods range from 1 month to 7 years. Choose what works best for your budget and business cycle.
No Collateral Needed:
Enjoy true peace of mind with no collateral business loans that keep your personal and business assets safe.
Competitive Rates:
We collaborate with multiple lenders to find attractive interest rates—starting from around 6%.
Flexible Use of Funds:
Spend the money on any business need, from business financing for new businesses and marketing to inventory or expansion.
Simple Application Process:
There’s minimal paperwork involved, and sometimes applications can be completed over the phone.
Fixed Monthly Payments:
Consistent payment amounts make it easier to manage cash flow and plan ahead.
Quick Eligibility Check
Does your business meet these basic criteria? (Full eligibility assessed upon application)
*This checklist is indicative only. Please contact us for a full assessment.
Loan Benefits
Improved Cash Flow
Maintain a healthier financial position with immediate access to working capital.
Rapid Response to Opportunities
Move quickly to seize new contracts or market openings.
Available for Any Business Type
Whether you’re a startup, small business, or established enterprise, an unsecured loan can help.
No Early Settlement Penalties
Pay off your loan ahead of schedule without extra fees.
Potentially Fast Decisions
Get a decision in a short timeframe, sometimes on the same day.
Flexibility to Use Funds as You See Fit
Invest in equipment, hire staff, or grow your marketing efforts—your call.
Frequently Asked Questions
A: An unsecured business loan is funding provided to a company that doesn't require specific business assets (like property or equipment) as collateral. Loan approval is typically based on the business's creditworthiness, cash flow, and trading history.
A: Borrowing amounts vary significantly based on the lender and your business's financial health, typically ranging from £5,000 up to £500,000 or potentially more for established businesses, though higher amounts often involve personal guarantees.
A: Key advantages include faster application and funding times (as no asset valuations are needed), no requirement to pledge specific business assets as security, and often more flexibility in how the loan funds can be used for business purposes.
A: Eligibility generally depends on factors like the business's trading history (often at least 6-12 months), annual turnover, profitability, and the credit history of the business and its directors. Specific criteria vary between lenders.