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Online Business Loan

Our 4-step application can be completed in 10 minutes, that's in the space of a tea break. You'll get an automated decision of approved, referred or declined straight away. Then you can get on with the day job.

A fast, dependable boost for your business

With our Online Business Loan, you get a fast decision, backed by 180 years of banking expertise

Borrow £10,000 - £50,000

Apply in just 10 minutes

Get a final decision within 48 hours

Payment terms of 6 to 60 months

Fixed interest rates

No charge for lump sum repayments or early repayments in full.

Things you'll need to apply

The more of this information you have when you start the application, the quicker the decision will be.

  • Company information
  • Details of directors
  • Financial accounts
  • Access to your mobile phone and email inbox

Private limited companies registered in the UK (excluding NI, CI and IoM) trading for min 12 months, annual turnover not exceeding £2m, no CCJs or court decrees within last 3 years. Applicant must be a director with at least 50% shareholding in the company, 18+, not be, or have been, bankrupt in last 6 years, have no CCJs or court decrees in last 3 years and be able to provide a personal guarantee. Full eligibility criteria & Representative example below.

A fee of 3.5% of the amount borrowed is payable and deducted from the loan amount. Interest charged on full loan amount.

What will your repayments look like?

See an estimate of how much you'll pay back using our loan calculator

Borrow amount
Monthly payment
Total payment
Total interest

Representative example

15.6% APR representative on unsecured business loans up to £25,000. The rate offered may differ from the representative APR shown. Representative example generated on 31/10/2017.

Loan amount:
Term time:
24 months
Interest rate per annum (Fixed)
Representative APR
15.6% APR

* This fee is deducted from the "Loan amount" to calculate the "Total amount of credit" you see in the box to the right.

Total amount of credit:
Total amount repayable:
Is your business eligible?

To be considered for a loan, your company must:

  • be a private limited company incorporated in the UK (excluding Northern Ireland, Channel Islands and Isle of Man)
  • have been trading for a minimum of 12 months
  • have an annual turnover not exceeding £2 million
  • have no County Court Judgements or court decrees within the last 3 years

Additionally, as the Applicant Director, you must:

  • be an individual resident in the UK (excluding Northern Ireland, Channel Islands and Isle of Man)
  • be at least 18 years of age
  • be a Director of the Company
  • sign a Personal Guarantee in respect of the Company’s obligations under the loan agreement
  • be an authorised signatory on the Company’s bank account which will be used to repay the loan
  • hold at least 50% of the shareholding in the Company
  • not be currently bankrupt or have been bankrupt (or subject to any similar proceedings) within the past 6 years.
  • have no County Court Judgement or court decrees within the last 3 years
  • If you apply we'll ask you for information, including about your company's current banking arrangements. To find out more about what this will involve before you apply, click here.

Next steps

Online Business Loan - Start your Online Business Loan application

Apply now

Have an Online Business Loan already? - Login to view your account.


Talk to us

Online Business Loan

0800 085 7662

We're here Mon-Fri 8am-6pm

Do you have a Relationship Manager? - If you do please contact them to discuss your options. Our Online Business Loan is not available through your Relationship Manager.

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