The Great Yorkshire Shop
Retail business
Yorkshire
"Great service, and so easy. Such a clever, simple and quick process. Would highly recommend over bankloans."
Business Loan Calculator
Use our business loan calculator below to find out how much you can borrow to take your business to the next level
Apply as a limited company without affecting your credit score
Apply online in 7 minutes
Decision in as little as 1 hour
Borrow £10,000 to £500,000
Rates from 6.9% per year
Funding Circle has worked with the British Business Bank since 2013, supporting thousands of businesses as one of the largest providers of Government-backed loans including through the Growth Guarantee Scheme.
Use our calculator to see how affordable our loans can be
*Amount must be between £10,000 to £500,000
* Calculations are indicative and intended as a guide only. You may be offered different terms. Based on average rate of our lowest risk businesses, and current fees, which may be subject to change.
Monthly repayment *
£17,514
£ 17,564
- Loan amount
- £100,000
- Completion Fee
- £3,000
- Interest
- £2,083
- Total amount repayable
- £105,083
We’ve helped over 103,000 UK businesses borrow £13.6 billion to take their business further.
£13.6 billion
Lent to UK businesses
Get a quote on your business loan
Tired of expensive credit cards and inflexible overdrafts? Consider a fast, affordable business loan to grow your business, buy stock and equipment or boost your cash flow.
Find out how much you could borrow and what your fixed monthly repayments could be by using our business loans calculator. Then complete your application online in just 7 minutes.
All our loans are fixed rate, so you’ll know exactly what’s due each month. Rates start from 6.9% per year, we charge a simple one-off fee when you take out your loan and there’s no fee if you want to settle early.
Get a personalised quote without affecting your credit score
If you’re a limited company or LLP, you can get a loan decision without affecting your credit score. So you can assess your options with complete peace of mind.
1
Check if you qualify in 30 seconds
See if you qualify with no fuss
2
Apply online in 7 minutes
Tell us about you and your business in our online form
3
Get your decision in as little as 1 hour
If approved, you’ll get a personalised, no-obligation quote
4
Funds paid out typically within 48 hours
Once you accept your offer, we’ll deposit the funds into your account
Here to help if you need us
Contact our UK-based team if you have any questions
Frequently asked questions
You can borrow £10,000 to £500,000 with a Funding Circle business loan, or £25,001 to £250,000 under the Government’s Growth Guarantee Scheme.
Start by thinking about what you’re intending to use the funds for, and how much might be required to achieve this. If you’re looking to use your loan to consolidate business debt for instance, you’ll want to borrow enough to cover any outstanding debts you have.
Then, consider how much you can afford to repay each month. With this figure in mind, you can use our business loans calculator above to get an idea of how much your monthly repayments could cost for the amount you want to borrow.
No, you can check your eligibility without impacting your credit score. If you’re a limited company or LLP, you can also complete an application and get a decision without affecting your credit score, so you can review your options with complete peace of mind.
To see how much a business loan through Funding Circle could cost you, simply use our business loan calculator above. It can help you work out how much you can borrow, as well as what your fixed monthly repayments will be.
No, we don’t require a deposit for any of our business loans. However, if you choose to borrow over £250,000, you may be required to offer a personal guarantee.
When you apply for a loan through Funding Circle, we’ll assess what we think your business can afford to borrow. We’ll aim to give you an offer for the amount you’ve requested, but if we can’t, we may offer a lower amount. Likewise, if we can make you a higher offer, we will too.
A small business loan can be spent on just about anything relating to your business, but it can’t be used for personal expenses. In the UK, limited companies and limited liability partnerships (LLPs) are legally separate from their owners. This means that when a business loan is issued, the business - rather than the owner - is borrowing the money. If you’re looking to borrow money for home improvements, car finance, or another personal project, you’ll need to apply for a personal loan instead.
Small Business Loans
Learn how a fast, affordable loan could help your business.
Loans for small business