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.
- Amount
- £25,000 to £500,000
- Term
- 3 months to 6 years
- Security
- Unsecured
- A personal guarantee may be required
- Speed
- Often funded within 24 to 48 hours
Is it right for your business?
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
Worth knowing
Rates are usually higher than secured borrowing
Most lenders ask for a personal guarantee from a director
Pros
No business asset put up as security
Predictable, fixed repayments make budgeting simple
Fast to arrange compared with secured facilities
What it costs you
Indicative only. Actual terms depend on the lender and your circumstances. The calculator shows monthly repayments across the ranges above.
Repayment calculator
Related facilities
Other funding types worth comparing with this one.
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 to 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.