Unsecured Loans for Business : Fast Funds, No Collateral

Strategic growth using unsecured loans for business

Unsecured loans for business offer a safety net by removing the need for physical collateral, ensuring your commercial premises or equipment remain unencumbered while you secure the necessary funding for expansion, stock, or hiring. This flexibility allows your enterprise to remain agile, reacting to market opportunities without the bureaucratic delay of asset valuations. By leveraging your company's cash flow rather than its balance sheet, you can maintain full ownership of your vital resources while fueling sustainable long-term growth.

Tailored

We adapt to your profile, not the other way around

Nationwide coverage

100% online pre-qualification application available nationwide in the UK

Available 24/7

No opening hours or phone calls, submit your pre-qualification application anytime

A solution tailored to you

Navigating the personal guarantee in unsecured loans for business

While these facilities do not require hard assets, most UK lenders will ask for a Personal Guarantee (PG) from company directors. This is a standard commitment where you agree to be personally responsible for the debt if the business cannot meet its obligations. It serves as a mark of confidence in your company's future. At Credante, we help you understand these commitments by comparing:

• Repayment Terms: Usually ranging from 1 to 5 years to suit your cash flow.

• Total Cost of Capital: We break down the APR and any arrangement fees so there are no surprises.

• Lender Covenants: Ensuring you maintain the financial freedom to run your business your way.

• Early Settlement Options: Finding products that allow you to pay back early without heavy penalties. Our platform simplifies this comparison, matching your turnover and trading history with the most competitive unsecured rates available in the current UK market.

Banks / Financial Institutions

Application

Offers

Speed

100% online, with no paperwork and no branch visits

Long and in-person process: paper documentation and branch visits

100% analysis of offers from multiple providers

Responses in just a few minutes with instant pre-qualification

Offers only its own products (from a single provider)

Long waiting times and phone calls for manual application review

Fast-track funding with unsecured loans for business

The primary advantage of opting for unsecured loans for business is the speed of execution, often seeing funds deposited into your business account within 24 to 48 hours. Because there is no need for lengthy asset valuations or legal charges on property, the application process is significantly streamlined. To ensure a successful application, you should focus on:

• Bank Statements: Having the last 3-6 months of digital statements ready for "Open Banking" verification.

• Credit Health: Maintaining a strong business credit score and ensuring no outstanding CCJs (County Court Judgments).

• Revenue Stability: Demonstrating consistent monthly turnover to prove the loan is affordable.

• Purpose of Funds: Clearly defining how the capital will generate a return or support operations. Credante acts as your digital broker, filtering through dozens of specialized lenders to find the one that values your specific industry and trading patterns, saving you hours of manual research and multiple credit footprints.

Our technology does the work for you, connecting you with trusted financial institutions and offering real solutions tailored to your profile and needs.

FINANCING TAILORED TO YOU

Frequently asked questions

How much can I borrow without collateral?

In the UK, you can typically access between £5,000 and £500,000 depending on your revenue.

Do I need to be a Limited Company?

Most lenders require you to be a Limited Company or LLP with at least 6-12 months of trading.

Will an application affect my credit score?

Initial quotes through Credante usually involve a soft search which does not impact your credit file.