Compare unsecured business loans

Compare unsecured business loans and find the best terms and rates for your business from our range of corporate lenders.

5 results found, sorted by affiliated products first. How we order our comparisons. Commission earned affects the table's sort order.
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Swoop Business Loan
Loan Type
Unsecured term loan
Loan amount
£50,000 to £5,000,000
Representative APR
6.85% APR
Loan term
3 months to 96 months
Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating. Team of five-star Trustpilot-rated experts to guide you through the process.
Swoop is a broker, not a lender. Minimum 1 year of trading and Minimum turnover of £200,000.
Representative Example: The representative rate is 6.85% APR (fixed) so if you borrow £100,000 over 60 months at a rate of 6.00% p.a. (fixed) then you will repay £117,670 in total.
Think Business Loans Business Loan
Loan Type
Unsecured term loan
Loan amount
£25,000 to £500,000
Representative APR
6.36% APR
Loan term
1 month to 60 months
“Rated 5* “excellent” on Trust pilot. Our experts will compare multiple business finance products across 100s of lenders to find the option that is right for you. 75% of our customers receive an offer.
Think Business Loans is a credit broker and not a lender. Minimum turnover is £200,000 with 1 year trading.
Representative Example: The representative rate is 6.36% APR (fixed) so if you borrow £100,000 over 60 months at a rate of 6.36% p.a. (fixed) you will repay £116,504.71 in total.
Funding Xchange Business Loan
Loan Type
Unsecured term loan
Loan amount
£1,000 to £500,000
Representative APR
10.5% APR
Loan term
1 month to 120 months
Funding Xchange is a credit broker, not a lender. Funding Xchange puts you in control of your business funding giving you access to indicative funding offers within 3 minutes.
Minimum annual turnover of £100,000, trading history of 18 months and Companies House registration are required.
Representative Example: The representative rate is 10.5% APR (variable) so if you borrow £50,000 over 24 months at a rate of 10.5% p.a. (variable) you will repay £55,650 in total.
Capify Business Loan
Loan Type
Unsecured term loan
Loan amount
£5,000 to £500,000
Representative APR
41.08% APR
Loan term
3 months to 12 months
Specialist lender for companies with adverse credit. We may be able to help you when your bank might not. Finance available for any purpose. Get funded in as little as 24 hours. Check if you qualify in just 60 seconds.
Available to Limited Companies with minimum annual turnover of £120,000, trading history of 12 months, limited companies only. Product fees may apply.
Representative Example: The representative rate is 41.08% (fixed) so if you borrow £42,000 over 12 months at a rate of 41.08% p.a. (fixed) you will repay £51,240.00 in total.
Funding Options Business Loans
Loan Type
Unsecured term loan
Loan amount
£1,000 to £15,000,000
Representative APR
7.38% APR
Loan term
1 month to 120 months
Funding Options is a Credit Broker and not a Lender. Their APR starts from 2.75% and has an average of 7.38%. They can help you prepare and submit your Recovery Loan Scheme application through multiple RLS accredited Lenders.
Minimum Turnover is £60,000 with 12 months minimum trading. Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Representative Example: The representative rate is 7.38% APR (variable) so if you borrow £50,000 over 24 months at a rate of 7.38% p.a. (fixed) you will repay £53,934.06 in total.

How do unsecured business loans work?

You apply for money to help support your business financially, without securing the debt to your business.

When you apply, you are assessed on your business' finances and credit record. You do not need to declare any business assets, like office equipment, as collateral.

If you miss or stop repaying your loan, your credit record will be damaged and you may face large interest fines. Only borrow what you know you can afford to repay.

Here is more information on business loans

How to get the best unsecured business loan

The best unsecured business loan will cost you the least to repay, while still being affordable each month. To find the cheapest business loan, you need to:

  • Choose how much you need to borrow

  • Know how much you could afford to repay each month

The longer the term, the smaller your monthly repayments will be. You can save on interest if you choose a shorter term, but only do this if you can afford the monthly repayments.

How much interest will you pay?

It depends on your Annual Percentage Rate (APR), e.g. a lower APR will charge you less in interest. The more you borrow, the bigger the impact the APR has on your repayments.

You can use this comparison to check the representative APR offered by each lender, this is the amount of interest you could pay on their loans.

The rate you get could differ when you apply, but the advertised rate above can give you an idea of how competitive a lender is.

Here are some alternative ways to borrow for your business

Unsecured business loans FAQs

About our unsecured business loans comparison

Explore business loan guides

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