Not tied to particular lender (access to whole of market)
Quick turnaround time
No arrangement fee
Trusted industry finance experts
Supporting thousands of UK businesses
EVERY YEAR
We work with
50+ Financial Lenders
Business
Loans
A business loan sounds simple but can be quite a complex type of finance as it depends on numerous factors. There is no ‘one size fits all’ approach to acquiring a business loan; instead it’s crucial to take expert advice to help find the right loan for you and your business.
With a wide range of loans on the market and different products designed for different needs – such as emergency finance, short-term lending, long-term lending, growth projects, and start-up finance to name just a few – it can be hard to know where to start. In addition to this, there are hundreds of lenders out there offering business loans but with different caveats, rates, and terms. Some are high street banks, alternative lenders, online lenders, small independent brokers and so on – it can be a minefield which is where UK Business Finance can help. Our finance experts have full market access and specialise in helping firms find the lender that’s right for them.
Eligibility is key – and can depend on a number of factors. You can expect to be asked about the following when applying for a business loan:
Profit / Turnover
Loan amount vs turnover
Bank statements
Filed accounts
Trading history
Payments and credit history (e.g. late payments, defaults, CCJs)
A lender can build a picture of your business with this information which helps them to quantify the risk they would be taking in providing the finance. As a rule of thumb, most lenders are unlikely to lend more than 10-20% of your annual turnover. They’ll also want to see some healthy revenue figures to show that your business is strong. A short trading history (start-ups) or a patchy trading history can make it difficult to get the required funding.
However, many of the lenders we work with – including specialist lenders for businesses with a short trading history – prove to be much more flexible than traditional banks.
We can help you find the business loan you’re looking for – contact us today about starting your business loan application and one of our finance experts can immediately starting analysing the marketplace for the right options.
UK Business Finance and Skipton Business Finance have a great working relationship based on the same ethics, where a customer’s requirements always come first. We find the team very knowledgeable, approachable and easy to work, which makes our job and whole lot easier.
Allan Underwood
Sales Director (North), Skipton Business Finance
Karl’s handling of the introduction was excellent – providing a thorough briefing pre-meeting and accompanying me to the initial meeting to set the scene with the company management team provided the perfect start to discussions and enabled a quality discussion which led to the application being quickly progressed through to drawdown and the company receiving a fit-for-purpose and bespoke funding structure. Karl’s follow-up throughout the process was supportive and value-adding.
Pete Sorsby
Investment Director – Mercia Asset Management
Having worked with the team for a number of years, my experience is only positive. As well as offering the right support and advice to clients, they partner the right funder best suited to each business which results in successful long-term relationships and finance facilities that actually work. A specific case that Calverton Finance was able to support was a courier business with £60,000 of HMRC arrears. HMRC, unfortunately, were not willing to agree a time to pay arrangement at that level. UK Business Finance introduced Calverton and we were able to take out the existing funder and inject a £30,000 EFG loan into the business to help pay off half of the arrears to HMRC. The client was delighted they could continue trading due to the advice provided by the team.
Emily Revill
Calverton Finance Limited
I have worked with the team for the past three years and found them to be very easy to deal with. Their approach to finding suitable funding solutions for their clients is exemplary; for every new enquiry the team always provides a thorough overview of the client’s needs and then discusses a suitable way forward to provide the funding solution required. Throughout every funding application they maintain a hands-on approach, arranging joint meetings or calls, and are always on hand assisting both client and lender in obtaining relevant information required for the application to progress. I look forward to working with the UK Business Finance across 2020 and beyond.
Barry Dillon
Regional Development Director – Yorkshire, Together
We have worked with UK Business Finance for a number of years on multiple cases involving different lending products and sectors. It is important as a lender that you work with introducers you trust, the client trusts and those you know are solution orientated for that client. The team tick all those boxes.
Nick Smith
Managing Director – North West, Reward
I have worked with Karl Hodson for many years. Karl is professional, experienced and personable and has vast experience in both finance and advisory roles. A recent deal saw Karl refer a customer to us who required funding very quickly. The team were experts in the complexities of raising finance and offering strategic business advice and were able to successfully secure a six-figure investment. I would not hesitate to recommend UK Business Finance and look forward to working with them in the future.
Anne Blanden
Senior Investment Executive – FW Capital
The team at UK Business Finance have extensive knowledge of the UK finance market and take a commercial approach to getting things done. We have worked closely with Scott Bradley, who takes the time to identify funding requirements and present the right solution.
Ken Elms
Business Development Manager, Positive Cashflow
How
UK Business Finance Works
Business funding at the click of a button
Scouring the marketplace for cost-effective funding is what we do best by analysing your business situation and matching you with the perfect lender. Once we know your objectives and funding requirements, the process can move very quickly.
An honest and refreshing approach
Our approach to finance-finding is completely objective. We don’t push lenders your way if they’re not offering the best finance solution for your needs. Some brokers will only suggest lenders that secure them the biggest kick-back – that’s not us.
It’s a match - your funds are on the way
Our experts have liaised with more than 50 lenders on your behalf and will recommend the best finance package for your business needs. Once you have accepted the quote presented to you, you’ll have the money in your account within 24-48 hours.
Karl’s handling of the introduction was excellent – providing a thorough briefing pre-meeting and accompanying me to the initial meeting to set the scene with the company management team provided the perfect start to discussions and enabled a quality discussion which led to the application being quickly progressed through to drawdown and the company receiving a fit-for-purpose and bespoke funding structure. Karl’s follow-up throughout the process was supportive and value-adding.
Pete Sorsby
Investment Director – Mercia Asset Management
I have worked with Karl Hodson for many years. Karl is professional, experienced and personable and has vast experience in both finance and advisory roles. A recent deal saw Karl refer a customer to us who required funding very quickly. The team were experts in the complexities of raising finance and offering strategic business advice and were able to successfully secure a six-figure investment. I would not hesitate to recommend UK Business Finance and look forward to working with them in the future.
UK Business Finance and Skipton Business Finance have a great working relationship based on the same ethics, where a customer’s requirements always come first. We find the team very knowledgeable, approachable and easy to work, which makes our job and whole lot easier.
