February 7, 2023


Business/Industrial Goods and Services

Small Business Loans Uk small business loans

A personal, director or member’s guarantee may be required. See your most important business and banking information, all in one place – free with the all-new SmartBusiness Dashboard. Skillsforce helps pull together all the information and support businesses need to plan for the future, in one place. Investment can be made in companies from start up, growth to expansion into new products and/or markets. The application comes from an organisation which has both a constitution and a bank account. This funding is for organisations in Scotland that are based in the local area they serve and are run by local people.

Sometimes such lenders will want to see a Share Purchase Agreement drawn up, to demonstrate you are serious about the move. If you’re in doubt, contact your preferred lender directly and ask them what situations they’re willing to cover. Fixed monthly repayments may help to minimise the impact of a large purchase on your day to day cash flow. This means your monthly repayments won’t change throughout the duration of the loan.

How To Apply

If in doubt, please check what is on file at Companies House and update any out of date information before you apply. A fee-free Loan Servicing Account is not a Business Current Account. This account will purely be used to facilitate your loan and will be free of any transaction charges.

  • Learn about government support and alternative options for businesses needing finance to help deal with the impact of coronavirus.
  • Repayment up to 15 years on variable rate or 5 years on fixed rate.
  • To cope with said risk, they tend to lend out smaller amounts over shorter time periods.
  • Investment can be made in companies from start up, growth to expansion into new products and/or markets.

A business loan could be just what your small business needs to really take off. Is your construction company the leading enterprise in the area? You may need to hire more staff to keep up with the demand. Business funding for construction companies can give your company the strong foundation it needs. A small business loan can be used for almost any business purpose. You may need a cash boost to invest in stock levels, refurbish or extend your operating environment, hire additional staff or purchase the latest equipment.

Fixed Rate Of Interest

The Management Programme is an initiative designed to speed the development of graduate managers. Not-for-profit organisations that work with disadvantaged children and young people of 18 years and under who live in the UK, the Isle of Man or the Channel Islands may apply. Projects considered by Small Grants Programmes are those that make differences in children’s lives that help prevent or overcome the effects of the disadvantages they face. Projects achieve these differences by either working directly with children or seeking to improve their social and physical environments. Open to voluntary, community or public sector organisations either working separately or together. You can apply for a grant to develop a website, put together a project plan, undertake a local survey, develop your evidence base, or hire a planning expert.

TSB adheres to The Standards of Lending Practice for business customers which are monitored and enforced by the Lending Standards Board. Can fund working capital, acquisitions, refinancing, asset purchase, and more. Open to UK-based businesses adversely affected by Coronavirus. Higher value loans over £500,000 available to established companies. Businesses must have been actively trading for more than 3 years and have an annual turnover of at least £50,000. Asset finance, invoice finance, and property finance also available.