02921 303 888 / 01172 033 200

An unsecured business loan is a bit of a myth and the heading can be misleading. What unsecured refers to is that there is not tangible security being offered to the lender i.e. property or other asset.

The lender will still want some sort of repayment commitment and for limited company’s this comes in the form of personal guarantees. Lenders will want personal guarantees at varying levels however the entry level is pretty low c£5k and above.

So, what is a personal guarantee? As the name would suggest, its where the directors or someone associated with the ownership of the business personally guaranteeing the repayment of any loan made to the company.

There are many firms that will consider this type of lending however the most common in the marketplace is crowd funding. Crowdfunding can go as high as £350k before they need tangible security however this is very dependent on the strength of the business or proposal.

Speak to us today to allow us to understand you businesses needs and identify the most appropriate funding solution.

Rates and Fees


Interest rates are determined by the strength of the business. Starting at 5%


This varies greatly between providers. You can expect an arrangement fee of 3% which can be added to the loan

Broker fees

These fees vary dependent on the complexity of the request however on average the fee is 3% of the monies borrowed. This too can be added to the loan.

How to Apply

As a whole of market broker, we understand how best to present your proposal to the lender and which lender would be most favourable for your circumstances.

Fact Find

We will always engage with you to fully understand you lending requirements. This will often involve understanding your wider business and commitments. Once we have an understanding of the proposal we will give you a steer on the likely appetite for your application.

What information do you need to provide?

As with all lending application we need to gather information to present to the lender. Here’s a general list of the information that will be required;

  1. Proof of identity, address (this can be done quickly and effectively via our mobile onboarding app)
  2. Financial accounts (if available)
  3. An understanding of your trade cycle
  4. Aged debtor list (if available)
  5. Cash flows (if available)
  6. Understanding of business plans
  7. Assets and Liabilities details

We will also identify any other relevant information required when we discuss your requirements at the fact find stage.

What next?

Call us on 02921 303 888 to speak with one of our team. Not convenient now? Complete our contact form and we’ll get back to you when it is.