Business funding
Unsecured term loan
An unsecured term loan gives your business a fixed lump sum, repaid over an agreed term in regular instalments — with no asset pledged as security. It's the most flexible starting point for general funding needs.
No credit check to see your options.
Who it suits
Established businesses with steady, predictable cashflow
One-off costs or investments with a clear repayment horizon
Owners who'd rather not secure borrowing against an asset
Pros
No business asset put up as security
Predictable, fixed repayments make budgeting simple
Fast to arrange compared with secured facilities
Worth knowing
Rates are usually higher than secured borrowing
Most lenders ask for a personal guarantee from a director
Typical terms
Amount
£15,000 – £500,000
Term
3 months – 6 years
Security
Unsecured (a personal guarantee may be required)
Speed
Often funded within 24–48 hours
Indicative only — actual terms depend on the lender and your circumstances.
Related facilities
Frequently asked questions
Do I need to secure an unsecured loan against anything?
No business asset is pledged. Many lenders do ask a director for a personal guarantee, which we'll always make clear up front.
How quickly can an unsecured term loan be funded?
For straightforward cases, funds are often released within 24–48 hours of approval once documents are in.
See what you qualify for
Start your application now — it's free, takes minutes, and there's no credit check to view your options.