Simplicity
Loans are a very common form of finance so many people understand how they work.
the low down
Is an Unsecured Business Loan right for you?
An Unsecured Business Loan is available without providing any tangible security.
The lender advances a set amount at the start of the loan, which is repaid using fixed monthly repayments over a pre-agreed period of time. Neither the business nor the owner has to provide any security, but the owner of the business is often required to provide an unsupported personal guarantee.
The amount a business can access and the term of the loan is dependent on many factors, and each lender looks at these factors differently. Some include;
Turnover
Profitability
The length of time a business has been trading
Availability within bank statements
Value in the associated personal guarantee
Unsecured business loans are typically up to £1m over a term of up to 6 years.
At Sedulo Funding Solutions, we have access to the whole UK finance market and we make business finance easy.
Fancy booking a call (or meet-up) with our team of experts? We can get you a no-obligation quote.
Speed
Funds can be with the business within 24hrs of application. It can take longer but typically accessing this type of finance is incredibly quick.
Ease
Applying for a loan requires minimal paperwork. Providing bank statements and full-filed accounts is usually enough to get a decision.
Security
The lender is relying on the cashflows of the business so there isn’t a requirement for any tangible security, thus offering peace of mind.
Calculations Made Easy
Bring your ideas to life, fast
With access to over 150 lenders, we can help make your plans a reality.
Recent deal
Buy to Let Remortgage organised in under four weeks
Funding Stories
Laurence Mills
Sedulo Funding Broker
Read case
Recent deal
60k credit facility arranged for a car sales business
The business required funding to purchase stock and obtain a facility, which they could dip into as needed.
Funding Stories
Sonny Wilson
Sedulo Funding Broker
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Recent deal
Urgent second charge bridge secured against a pair of residential properties in West London
The experienced landlord needed to refinance an existing facility and raise cash to pay his builder for refurbishment works.
Funding Stories
Laurence Mills
Sedulo Funding Broker
Read case
Our Answers To Your Questions
We’ve put together a list of common Business Loan FAQs. If there’s something you want to know and you can’t find the answer here, get in touch with our team of finance experts.
The approval process for a small business loan can vary depending on the type of loan, the lender, and your business’s financial situation. Generally, though, the lender will look at your credit score, bank statements and the ownership details of your business to ensure you’re a majority shareholder.
The funds from an unsecured business loan can be used for a variety of business needs, including expansion, purchasing inventory, marketing, covering payroll, or managing day-to-day operational expenses. The flexibility in use makes it a versatile funding option for many businesses.
Unsecured business loans often have a quicker approval process compared to secured loans because they don’t require asset valuation. Once approved, funds can be available within a few days, making it a good option for businesses that need fast access to capital.
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A Team Of Finance Experts, On Your Side
Whether you’re looking to obtain funding to take on the next stage of business growth, or access working capital to cover costs, it’s important to have a team of experts on your side.
Our professional banking and finance teams can help arrange new finance for your business or refinance existing facilities for more competitive terms. We work with an
unrivalled number of lenders, which gives our clients confidence that they’re getting the best deal.
Our funding experts operate out of each city centre office in Manchester, Leeds, Liverpool and London. We’re available to meet face-to-face so that we can better understand your business and talk you through your funding options, or we can assist over the phone – whichever you’d prefer!
Speak to an expert and start your business growth journey
Ready to Fuel Your Business Growth?
Unlock the potential of your business with fast and flexible financing. Speak to our team of experts and find the best loan options tailored to your needs.