Need A Business Loan?

Best10Index helps you compare and review the best business loan providers in the UK. Find the right loan for your needs.

Find the right business loan to grow your business. Read our reviews of the best business loan companies on great terms.

Funding circle allows the public to lend money directly to SMEs as a peer to peer lending platform.

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  • Borrow £25,001 to £350,000
  • Rates of 9.1% - 12.1% p.a.
  • Terms from 2 to 6 years
  • No early settlement fees

Iwoca is famous for offering credit facilities to small and medium businesses trading on the UK.

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  • Loans from £25,001 - £750,000
  • Borrow over 5 years (or repay early with no fee)
  • Help on hand with your own account manager
  • No personal guarantee on loans £250,000 or under

Capify offers financial assistance catering to small businesses in the form of business loans

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  • Loans from £5,000 to £300,000
  • Loan terms form 3 to 15 months.
  • Interest rates from 10.99% p.a

Fleximize is a financial assistance service for businesses leading in customer service.

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  • Borrow £5,000 - £500,000
  • Terms of 12 - 48 months
  • 0.9% - 2.9% per month
  • Unsecured & secured options
  • Decisions in 24 hours
  • Top ups & repayment holidays

Aldermore Bank is famous for providing financial services for small and medium scale enterprises.

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  • Open to small and medium sized enterprises (turnover <£45m)
  • Up to £2 million loan
  • Interest and fees to be paid by the borrower from the outset
  • Terms from three months to six years

Starting Bank offers in app access to all banking needs and prides itself as a digital banking service provider.

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  • Offer's loans of £25,001 to £250,000
  • 4% arrangement fee
  • Terms of 3 months to 6 years
  • Interest and fees to be paid by the borrower from the outset
  • Starling business current account required.
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Business Loans

Finding a business loan can be a hugely complex commercial decision, whether you need to finance expansion, product purchases, shore up your cash flow, or inject some capital back into your company.

With countless loans, interest rates, terms and values available, it makes sense to seek independent recommendations before you click the apply button.

Best10Index provides comprehensive reviews, rankings, and information to help you choose great business loans that match your requirements and help your organisation take the next steps confidently.

Choosing an Affordable Business Loan

There's much more to a business loan than borrowing the amount you need. It would be best if you compared a whole host of factors, including:

  • Repayment terms - do you want to pay the loan back over a year, two years, or five? What happens if sales boom or drop, and how does that impact your repayments?
  • Interest rates - how much (in real-world terms!) are you paying for the privilege of borrowing money? What does that mean for your investment returns for the project you're financing with the loaned capital?
  • Security - do you have sufficient security assets within the business, or are you considering signing a personal guarantee to enable the loan to go ahead? Do you know that puts your private home and assets at risk?
  • Protection - how much assurance do you have that if trading changes or your lender goes bust, you won't be left in a precarious position?

With rising interest rates, it's more important than ever to ensure you know exactly how your loan agreement works, what will happen if any circumstances change, and how easy it will be to communicate with your lender if you need to.

Finding the Right Business Loan Provider

Conventional business loans come from your regular mainstream bank, but they're far from the only solution!

Particularly for new businesses or start-up ventures, it can be all but impossible to get a competitive business loan rate from a high-street bank, which will normally require at least two years of trading figures to consider an application.

Best10 reviews private lenders, bad credit business loans and leading alternative lending cooperatives to enable you to compare the rates and costs from lenders across this broad market.

Independent Business Loan Reviews

Best10 is here to help if you aren't sure what type of business loan to apply for or have an offer on the table without anything to compare it against.

Our independent review team analyses a vast range of factors to land on our top recommended business loan providers, along with exclusive offers, clear interest rates and defined minimum and maximum loan values.

We get that financial borrowing can feel like a minefield, so collate clear information and advice to steer you through the process of finding the right business loan provider, with suggestions to help you see which loan company is the right solution for you.

From three-month cash flow loans to multi-million-pound development loans, Best10 spotlights the very best British lenders, with rates and terms designed to help local firms grow and succeed.

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