At UK Commercial and Development Finance, we are committed to empowering businesses with the financial support they need to thrive. Our unsecured business loans provide a flexible and accessible solution to meet your unique financial requirements.

Loan Parameters:

• Loan Amounts: Ranging from £10,000 to £750,000
• Repayment Terms: Typically offered from 1 year to 7 years
• Early Settlement: Please be aware that early settlement charges may apply to unsecured business loans.

Interest Rates and Fees:

• Lending Rates: Starting from 4% to 20%, depending on factors such as business sector, purpose of funds, business accounting history, credit history, and business experience.
• Lender’s Fees: Typically range from 2% to 6% of the net loan advance.

Other Considerations:

The Bigger Picture

Before proceeding, it’s crucial to evaluate the necessity of the funds. Are there alternative finance options that might better align with your business needs? Additionally, consider your comfort level with personal/director guarantees, which may involve securitization of personal assets.

Rates & Fees

When opting for unsecured business loans, it’s essential to understand that rates and fees may be higher as there is no specific asset used for securitization. Fees can be added to the loan advance, increasing the total interest accumulated on the debt. Early settlement charges, calculated as 3 months’ interest on the unsecured loan debt, may apply to the loan agreement.

Determining Borrowing Capacity:

The amount you can borrow, ranging from £10,000 to £750,000, depends on various factors outlined in the ‘What to Expect’ section. Our team is here to guide you through the process, ensuring you secure the right amount tailored to your business’s unique circumstances.

We are dedicated to facilitating your business growth through transparent and accessible unsecured business loans. Let us be your financial partner on the path to success.