Unsecured Business Loans
Empower businesses to achieve their goals, even without collateral
Unsecured Business loans from £1,000 to £2,000,000
We offer unsecured loans for businesses from £1,000 to £2 million to support companies quickly without collateral. Although these loans have higher interest rates due to increased risk, our efficient process ensures funds are available within four hours.
Unsecured Loans
for Businesses
Quick Access
to Funds
Higher Risk
and Interest Rates
The Process
1
Enquiry
Complete the form in 60 seconds
2
Speak to an Expert
An expert will call you within 1 working day of your enquiry
3
Apply and Approval
We support you through the application process
4
Funding
Typically in your bank within hours of approval
Why Unsecured Loans for Businesses
We provide unsecured company loans ranging from £1,000 to £2 million, designed to swiftly support businesses without requiring collateral. While these loans carry a higher risk for lenders, resulting in slightly higher interest rates, our streamlined process ensures funds are accessible within just four hours.
Unsecured loans hinge on the borrower’s creditworthiness and financial health rather than tangible assets. This makes them ideal for businesses needing more substantial collateral. However, approval criteria focus heavily on credit history, business revenue, and financial stability, often necessitating personal guarantees.
Our aim is to empower businesses to achieve their goals, even without collateral. We prioritise speed, efficiency, and tailored financial solutions, ensuring we’re a reliable partner in your business finance needs.
Unsecured business loans provide crucial financial support, enabling businesses to borrow without pledging assets as security. Unlike secured loans, which require specific assets in case of default, unsecured loans compensate for the higher risk with slightly elevated interest rates. Both traditional banks and fintech lenders offer these loans, typically over terms ranging from 1 to 6 years.
During the COVID-19 pandemic, the UK government introduced supportive schemes like CBILS and RLS, which have now concluded. Most lenders offering unsecured loans require directors to sign a personal guarantee. This commitment ensures repayment if the business defaults, sharing risk between lender and borrower as no business assets are claimed.
For example, imagine Company A seeks £250,000 for expansion. A lender agrees to a 6-year term, with repayment structured into equal monthly instalments covering principal and interest. This disciplined approach allows the company to manage finances effectively while expanding operations.
The Perfect Finance Match
What we do
At Match Finance, we specialise in sourcing funding solutions tailored to meet your specific business needs. Our whole-of-market panel ensures that we can offer you a comprehensive range of options for unsecured business loans and beyond, guaranteeing that you receive the most suitable financial solutions.
Now more than ever, we understand the critical importance of SMEs accessing the right funding. With a deep-rooted passion for seeing businesses prosper and grow, we are committed to supporting your journey towards success.
Our customer-centric approach sets us apart. We aim to build lasting partnerships by consistently delivering the right funding solutions that enable you to focus on expanding your business operations.
When you partner with us, you’ll benefit from a dedicated Relationship Manager who will work closely with you to understand your unique requirements and guide you through the process of obtaining and making the most of your unsecured loan. Trust us to be your trusted ally in achieving your business goals.
Why Choose Match Finance for Your Unsecured Loan
Fast Processing
Our streamlined systems mean we can typically process your application within 24 hours of receiving documentation
Whole Market Search
Access to over 100 lenders through our comprehensive panel, ensuring you get the most competitive terms
Specialist Experience
Deep understanding of unsecured lending criteria across multiple sectors, maximising your approval chances
FAQs on Unsecured Business Loans
Think of an unsecured business loan as financing based purely on trust in your business’s performance. There’s no need to put up collateral like property or equipment – instead, lenders look at your business’s financial track record and creditworthiness. The trade-off? You’ll typically see higher interest rates than secured loans since lenders are taking on more risk.
At Match Finance, we provide unsecured loans ranging from £1,000 to £2 million. Whether you need a quick cash injection or substantial growth capital, we’ve got options to match your business’s scale and ambitions.
Speed matters in business, which is why we’ve streamlined our process. Once your loan gets the green light, expect the funds in your account within four hours. No lengthy waiting periods – just quick access to the capital you need to keep moving forward.
Getting started takes just 60 seconds with our online enquiry form. Within one working day, you’ll hear from one of our experts who’ll discuss your specific needs. We’ll walk you through the application, and once approved, you’ll have access to funds in hours. Simple, straightforward, and designed for busy business owners.
Most unsecured loans do require a personal guarantee from directors or business owners. This means stepping up personally if your business can’t meet the repayments. It’s important to understand this commitment – it’s essentially your promise to back your business’s borrowing.
Let’s be upfront – unsecured loans come with higher interest rates than their secured counterparts. This reflects the additional risk lenders take on without collateral. At Match Finance, we balance this with competitive rates and a quick, efficient process to get you funded faster.
If you need quick access to funds but don’t want to tie up business assets, an unsecured loan could be your answer. It works particularly well for businesses with strong financials but limited physical assets. Just remember – approval hinges on your business’s financial health and credit history.
There’s no sugarcoating it – unsecured loans can be more challenging to obtain than secured ones. Without collateral in the equation, lenders scrutinise your business’s creditworthiness, revenue, and financial stability more closely. Lower credit scores or shakier finances might mean higher rates or possible difficulty qualifying.
Defaulting on an unsecured business loan can trigger serious consequences. The lender can take legal action against both your business and you personally (if there’s a personal guarantee). This could mean court judgments, damage to your credit rating, and potential recovery action. It’s crucial to have a solid repayment plan and communicate early with your lender if difficulties arise.
While unsecured loan limits vary by lender, they typically range from £1,000 to £2 million. Your specific limit depends on factors like annual revenue, credit history, time in business, and overall financial health. Established businesses with strong financials generally qualify for higher amounts, while newer or less financially robust companies might see lower limits.