Finance solutions
Business Loans
Term loans for established UK businesses, repaid in fixed instalments over an agreed period. Used for almost any business purpose, from hiring and stock to refurbishments and new projects.
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Often suits
- Limited companies and established SMEs with a trading track record
- Businesses that want a lump sum with predictable monthly repayments
- Directors comparing unsecured and secured options
Typically used for
- Funding growth plans and new projects
- Hiring staff or opening new premises
- Buying stock or materials
- Refurbishing or fitting out premises
- Replacing expensive short-term borrowing
A business loan gives you a fixed sum up front, repaid in regular instalments over an agreed term. It is one of the most straightforward ways to fund growth, and lenders offer loans for a wide range of purposes.
How we help
Rather than approaching lenders one by one, you tell us what you need and we look for lenders whose criteria fit your business. We explain the options clearly, including repayment terms, security requirements and costs, so you can compare them side by side.
What lenders usually look at
- How long the business has been trading
- Turnover, profitability and recent bank statements
- Existing borrowing and how it is being repaid
- The credit history of the business and its directors
- What the funding is for and how it will be repaid
Unsecured or secured?
Unsecured loans are quicker to arrange but are usually smaller and often need a personal guarantee from the directors. Secured loans, backed by property or other assets, can support larger amounts and longer terms. We will talk you through both.
Questions about business loans
What is the difference between a secured and an unsecured business loan?
An unsecured loan is not tied to a specific asset, although lenders usually ask directors for a personal guarantee. A secured loan uses an asset, such as property or equipment, as security, which can make larger amounts or longer terms available.
How long do business loans last?
Terms vary by lender and loan size. Shorter facilities may run for a few months, while larger secured loans can run for several years. We will explain the terms each lender offers before you decide.
Will applying affect my credit score?
Making an enquiry with us does not involve a credit search. If you choose to proceed with a lender, they will usually carry out credit checks, and we will tell you before that happens.
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This page gives general information, not financial advice. Finance is subject to status and each lender's criteria. Bridgemead Finance is a broker, not a lender.
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Tell us what you need in a couple of minutes. It is free, there is no obligation and enquiring does not affect your credit score.