Compare business loans from UK banks and specialist lenders. Review borrowing amounts, pricing structures, repayment terms and eligibility before deciding where to apply.
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Check whether the lender supports the amount your business needs.
02
Pricing
Compare APR, interest structure, fees and total repayment cost.
03
Eligibility
Check business age, turnover, business type and credit requirements.
04
Security
Understand whether the loan is unsecured, secured or may require a personal guarantee.
05
Repayment & speed
Compare term length, repayment structure and realistic funding times.
How we compare business loans
WiT Money compares business finance using borrowing range, pricing structure, repayment terms, eligibility requirements, security, funding speed, fees and lender characteristics. Best match ranks products by how well they fit the amount, term and trading history you enter — not by cheapest rate or affiliate commission. Unlike pricing models are not ranked as if they were the same.
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14 Business loans
We compare participating providers and do not cover the whole market. WiT Money may receive a commission or referral fee from some providers if you proceed through a link. Commercial arrangements do not determine Best Match results. See how we make money
Results are listed A–Z until you enter a loan amount, desired term and business age. Best match then ranks by product fit, not cheapest rate. Representative APRs, monthly rates and personalised pricing are not compared as identical metrics.
May suit: Established SMEs needing larger government-backed facilities
Key eligibility
Business age
Established SME / scheme eligibility
Borrower types
Limited companies, LLPs, partnerships and sole traders subject to scheme and Allica criteria
Existing account
Not required
Credit check
Not verified
Turnover
Not verified
Eligibility notes
UK-based viable SME; limited company, LLP, partnership or sole trader; typically at least two years of financial accounts; scheme group turnover generally up to £45m.
Loan terms
Borrowing range
£150,000–£2,000,000
Term
Up to 6 years
Repayment structure
Term loan; up to 6 years
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Personalised pricing
Rate / representative APR
Personalised pricing under the Growth Guarantee Scheme
Fees
Scheme/product fees and pricing depend on offer
Early repayment
Not verified
Security and guarantees
Secured / unsecured
Secured option
Product notes
Government-backed guarantee is to the lender; borrower remains 100% liable. Other security may be requested.
Data
Source
Provider product page
Data note
Scheme criteria, subsidy rules and pricing can change.
£1,000–£25,000 for the small-business-loan range verified
Term
1–10 years
Pricing
Check current lender quote
Check current rate/representative APR with Barclays
May suit: Traditional bank borrowing
Key eligibility
Business age
Not verified
Borrower types
Not verified
Existing account
Not verified
Credit check
Not verified
Turnover
Not verified
Eligibility notes
Subject to Barclays eligibility and credit assessment.
Loan terms
Borrowing range
£1,000–£25,000 for the small-business-loan range verified
Term
1–10 years
Repayment structure
Not verified
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Personalised pricing
Rate / representative APR
Check current rate/representative APR with Barclays
Fees
Product-specific fees not verified in this dataset
Early repayment
Not verified
Security and guarantees
Secured / unsecured
Not verified
Personal guarantee / security
Not verified
Product notes
Barclays also offers larger and government-backed borrowing; keep those as separate product records rather than merging into this card.
Data
Source
Provider product page
Data note
Barclays product page blocked automated retrieval during this audit; pricing and detailed eligibility should be reverified manually before publication.
Direct lenderUnsecured + securedSoft eligibility check
Borrowing
£10,000–£1,000,000 for the standard small-business-loan proposition verified
Term
Typically 6–12 months on the standard small-business-loan guidance
Pricing
Personalised offer
no current universal APR/rate published in the source used
Security
Secured and unsecured options
exact security/guarantee terms depend on offer
May suit: Fast short-term business funding
Key eligibility
Business age
12+ months trading
Borrower types
Established UK businesses meeting Capify turnover/trading criteria
Existing account
Not required
Credit check
Soft eligibility check available
Turnover
More than £10,000 monthly turnover
Eligibility notes
At least 12 months trading and more than £10,000 monthly turnover on current eligibility guidance.
Loan terms
Borrowing range
£10,000–£1,000,000 for the standard small-business-loan proposition verified
Term
Typically 6–12 months on the standard small-business-loan guidance
Repayment structure
Small regular automated repayments
Decision speed
Eligibility/conditional decision can be very fast
Funding speed
Same-day funding may be available; provider says funds can arrive within 24 hours
Pricing and fees
Pricing model
Personalised pricing
Rate / representative APR
Personalised offer; no current universal APR/rate published in the source used
Fees
No early repayment fee; exact offer/fees personalised
Early repayment
No early repayment fee (verified)
Security and guarantees
Secured / unsecured
Unsecured option · Secured option
Product notes
Capify's broader current site also markets bespoke secured/unsecured solutions up to £3m. This row uses the more consistently documented standard small-business-loan range to avoid overstating a generic product.
Data
Source
Provider product page
Data note
Capify's public pages show multiple product/range variants; use exact CTA/source and avoid merging bespoke £3m marketing into this standard row.
Direct lenderGovernment-backedSoft eligibility check
Borrowing
£25,001–£250,000
Term
Up to 6 years
Pricing
Rates from 13.4% per year
one-off completion fee
Security
Government-backed lender guarantee
no personal guarantee for facilities ≤£250k under scheme rules
May suit: Government-backed term loan for established businesses
Key eligibility
Business age
At least 2 years trading
Borrower types
Established limited companies / LLPs meeting Funding Circle and GGS criteria
Existing account
Not required
Credit check
Soft eligibility check available
Turnover
Not verified
Eligibility notes
Growth Guarantee Scheme eligibility applies; Funding Circle states businesses with under two years' trading are not covered by GGS.
Loan terms
Borrowing range
£25,001–£250,000
Term
Up to 6 years
Repayment structure
Fixed term loan
Decision speed
Decision in as little as 1 hour
Funding speed
Typically within 48 hours after approval
Pricing and fees
Pricing model
Rate from + completion fee
Rate / representative APR
Rates from 13.4% per year; one-off completion fee
Fees
One-off completion fee; no early settlement fee
Early repayment
No early repayment fee (verified)
Security and guarantees
Secured / unsecured
Unsecured option
Product notes
Government guarantee is to the lender, not the borrower. Under the scheme, lenders may not take a personal guarantee for facilities of £250,000 or less.
Data
Source
Provider product page
Data note
GGS rates, scheme eligibility and accredited-lender rules can change.
Direct lenderUnsecured + securedSoft eligibility check
Limited companies and LLPs only for new applications
Borrowing
£10,000–£750,000
Term
6 months–6 years
Pricing
Rates from 6.9% per year
one-off completion fee
Security
Unsecured: personal guarantee
secured: fixed/floating charge over business assets
May suit: Established businesses / fast online lending
Key eligibility
Business age
12+ months trading
Borrower types
Limited companies and LLPs only for new applications
Existing account
Not required
Credit check
Soft eligibility check available
Turnover
Not verified
Eligibility notes
UK-based Limited Company or LLP; at least 1 year trading. Funding Circle stopped accepting new sole-trader and partnership applications from 23 February 2026.
Loan terms
Borrowing range
£10,000–£750,000
Term
6 months–6 years
Repayment structure
Fixed monthly repayments
Decision speed
Decision in as little as 1 hour
Funding speed
Funds typically within 48 hours
Pricing and fees
Pricing model
Fixed rate + completion fee
Rate / representative APR
Rates from 6.9% per year; one-off completion fee
Fees
One-off completion fee; no fee for early settlement/overpayment
Early repayment
No early repayment fee (verified)
Security and guarantees
Secured / unsecured
Unsecured option · Secured option
Product notes
Secured and unsecured options are currently offered. Unsecured lending uses a personal guarantee; secured lending can use a fixed/floating charge over business assets instead.
Data
Source
Provider product page
Data note
Rate-from, fees, eligibility and product structure are fast-changing; recheck before publication.
Existing Santander Business Current Account required
Borrowing
£1,000–£50,000
Term
1–7 years
Pricing
11.2% APR representative
maximum APR could be 29.9%
Security
Unsecured business loan
May suit: Existing Santander business-account customers wanting an unsecured fixed-rate loan
Key eligibility
Business age
Current page asks for turnover/costs for the last 12 months; no explicit minimum trading-age rule stated
Borrower types
Sole trader, partnership, LLP or private limited company within Santander's ownership/director criteria
Existing account
Existing Santander Business Current Account required
Credit check
Hard check on take-up
Turnover
Not verified
Eligibility notes
Existing Santander Business Current Account holder; UK-based and registered business; eligible sole traders, partnerships, LLPs and private limited companies subject to ownership/director limits; good credit history required.
Loan terms
Borrowing range
£1,000–£50,000
Term
1–7 years
Repayment structure
Fixed repayments
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Representative APR / fixed
Rate / representative APR
11.2% APR representative; maximum APR could be 29.9%
Fees
Overpay at no extra cost; other fees not stated on the cited page
Early repayment
No early repayment fee (verified)
Representative example
11.2% APR representative; exact repayment example available in Santander calculator
Security and guarantees
Secured / unsecured
Unsecured option
Product notes
Information/rates on provider page stated correct as of 31 March 2026. Full credit check is made on application.
Data
Source
Provider product page
Data note
Provider page says rates correct as of 31 March 2026; recheck before any price-led ranking.
Bespoke pricing based on transaction and credit assessment
Security
Cashflow or asset-backed structures
exact security negotiated
May suit: Mid-market bespoke growth/acquisition/refinancing debt
Key eligibility
Business age
Established mid-sized SMEs; no universal minimum trading-age figure published in cited source
Borrower types
Established mid-sized UK SMEs
Existing account
Not required
Credit check
Not verified
Turnover
Not verified
Eligibility notes
Mid-sized UK SMEs. Owner-managed-business page states £1m–£30m initial funding; cashflow loans up to 4x EBITDA and asset-backed loans up to 85% LTV.
Loan terms
Borrowing range
£1 million–£30 million
Term
Up to 7 years
Repayment structure
Bespoke term debt / revolving facilities
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Bespoke / personalised
Rate / representative APR
Bespoke pricing based on transaction and credit assessment
Fees
Bespoke; not published as a standard tariff
Early repayment
Not verified
Security and guarantees
Secured / unsecured
Not verified
Product notes
Flexible term debt and revolving facilities for growth, acquisitions, MBOs, EOTs, restructuring and refinancing. This is not a small-ticket online loan.
Data
Source
Provider product page
Data note
Bespoke product; do not show a fabricated standard APR, decision time or eligibility threshold.
Personal guarantee and/or security may be required
May suit: Larger variable-rate business borrowing
Key eligibility
Business age
At least 12 months active trading required
Borrower types
UK businesses meeting Virgin Money lending criteria
Existing account
Not verified
Credit check
Not verified
Turnover
Not verified
Eligibility notes
Applicant 18+; business based and operating in UK excluding Channel Islands, Isle of Man and Northern Ireland; business purpose required; at least 12 months active trading.
Loan terms
Borrowing range
£30,000–£10 million
Term
Up to 20 years
Repayment structure
Capital & interest or interest-only; interest monthly or quarterly
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Variable / personalised
Rate / representative APR
Bank of England Base Rate plus an agreed margin; personalised pricing
Fees
Arrangement and other fees may apply; Base Rate Loan can be repaid early without an early repayment fee
Early repayment
No early repayment fee (verified)
Security and guarantees
Secured / unsecured
Secured option
Product notes
Security or a personal guarantee may be required. Capital-and-interest and interest-only structures are available.
Data
Source
Provider product page
Data note
Base Rate and lender margin are variable/personalised.
Fixed-rate period up to 5 years; total borrowing term can be up to 20 years
Pricing
Personalised fixed rate for up to 5 years
Security
Personal guarantee and/or security may be required
May suit: Larger business borrowing with a fixed-rate period
Key eligibility
Business age
At least 12 months active trading required
Borrower types
UK businesses meeting Virgin Money lending criteria
Existing account
Not verified
Credit check
Not verified
Turnover
Not verified
Eligibility notes
Applicant 18+; business based and operating in UK excluding Channel Islands, Isle of Man and Northern Ireland; business purpose required; at least 12 months active trading.
Loan terms
Borrowing range
£30,000–£10 million
Term
Fixed-rate period up to 5 years; total borrowing term can be up to 20 years
Repayment structure
Fixed-rate period; interest monthly or quarterly; total term may extend beyond fixed period
Decision speed
Not verified
Funding speed
Not verified
Pricing and fees
Pricing model
Fixed period / personalised
Rate / representative APR
Personalised fixed rate for up to 5 years
Fees
Arrangement and other fees may apply; early repayment charge may apply during fixed-rate period
Early repayment
Early repayment charge may apply
Security and guarantees
Secured / unsecured
Secured option
Product notes
After the fixed-rate period, remaining term may move to a Base Rate Loan. Security or personal guarantee may be required.
Data
Source
Provider product page
Data note
Fixed pricing is personalised and may change with market conditions.
You’ll continue on the provider’s website. WiT Money may receive a commission or referral fee.
Business or property assets used as security may be at risk if repayments are missed.
A personal guarantor may become personally liable if the business does not repay.
Last checked 13 September 2026
Pricing structures, eligibility and product details are taken from lender disclosures and may change. Business lending is subject to status, affordability and eligibility. Representative APRs, monthly rates and personalised pricing are not directly interchangeable. Always confirm current terms on the provider’s website. Regulatory treatment varies by borrower and product — do not assume every business loan is FCA-regulated.
Eligibility
Who typically qualifies?
Business history
How long the business has traded and its stability.
Turnover & cash flow
Revenue, bank statements and capacity to meet repayments.
Credit profile
Business and sometimes director/personal credit history.
Purpose & security
What the money is for and whether security or a guarantee is required.
Requirements vary by lender. Meeting common criteria does not guarantee approval.
Before you apply
Before applying for a business loan
Compare total cost
Do not compare headline rates alone.
Understand personal guarantees
Directors may become personally liable if the business cannot repay.
Check early repayment terms
Some lenders allow fee-free early settlement; others may charge.
Know which credit check is used
Eligibility checks and full applications may use different searches.
Match the finance to the need
A loan may not be the best solution for short-term invoice gaps or asset purchases.
Clear answers on regulation, eligibility, credit checks and related finance.
About this comparison
Written by
Teresa MaryChief Finance Editor
Last reviewed
13 September 2026
Product data last checked
13 September 2026
How we check information: Rates, eligibility requirements and product information are periodically checked against lender and other appropriate primary sources.
Page last reviewed (13 September 2026) is separate from individual product last-checked dates shown on lender cards.