Business Loans

Portman triangles

One of the UK’s leading independent lenders and brokers of Business Loans

  • Rates from 6.9% AFR
  • Terms from 3m to 6 years
  • £10k to £2mil in as little as 24hrs
  • No PG options available
505 reviews on 4.8 stars
  • Options with no early repayment fee
  • Enquire online within 60 seconds
  • Funds for any business cost or project
Business Loans to help you grow

Simplifying Your Access to Working Capital Loans

We make finance quick, simple and stress-free

We can help you apply for a business loan to boost cashflow, whether you need to pay bills, cover operating costs, or kickstart a project, we can secure competitive rates tailored to your needs. Maintain a strong balance sheet in uncertain times or invest in your business whilst preserving your cash for contingency.

If you need a loan to cover new business equipment, take a look at asset finance which offers great interest rates, or for a business vehicle, have a look at commercial vehicle finance.

1. Get started in 1 minute.

Talk to us without affecting your credit score.

2. Understanding your business.

A dedicated account manager will discuss your needs and collect documentation.

3. Our experts do the leg-work.

We find the right deals, complete applications on your behalf and get you a no obligation quote.

4. Your no-fuss finance is funded.

If accepted, your assets will be bought and delivered or the finance released to your account.

Enquire today
Powering Your Business Growth

Apply for a Business Loan


What is a business loan?

A business loan is simply borrowing money to make purchases then repaying in monthly instalments. Loans help companies get what they need right away, unlock revenue potential, invest in company growth, or manage cashflow fluctuations.

Powering Your Business Growth

There are a variety of business loans used to suit different needs and circumstances. We can help find the right option including unsecured and secured loans as well as those with a personal guarantee or debenture.

  • Short term loans from 3m to 12m are great for temporary fluctuations.
  • Flexi-loans up to 2 years have no early repayment fee.
  • Term loans offer the better rates for 2 to 6 year borrowing.
  • Government-backed loans make finance more accessible.
  • Tax loans spread the cost of your VAT or Corporation Tax bill.
  • Start-up loans are designed for newly incorporated businesses.

Portman will help identify the right option for your business.

A smart way to invest

Benefits of Business Loans


How a business loan can help

  • Invest in your future – Fund project and capture growth opportunities without the large initial outlay and repay whilst generating revenue.
  • Manage cash flow – Bridge temporary gaps and maintain smooth operations.
  • Protect your cash reserve  – Retain the security of a contingency fund.
  • Avoid tying up capital – Access funding without depleting your personal cash reserves.

Estimate Monthly Repayments – Business Loan Calculator

If you’re considering a business loan, you most likely want an estimate of the repayments. Try our calculator then enquire today. 

Our calculator provides an estimate and depends on your unique business circumstances as well as the lender you choose for a final rate. Contact us today to discuss how a business loan can work for your business success.

Short-Term Funding Options

We also offer flexible short-term financing solutions. Discover more funding options for your business growth. Discover Short-term Funding


What is the difference between Secured & Unsecured Loans?


Secured vs. Unsecured Business Loans

Portman offers both secured and unsecured types of business loans. Which works best for your business?

  • Secured loans require you to pledge an asset, such as equipment or property, as collateral. This can typically lower your interest rate but puts the asset at risk if you default. Asset finance is an example of this option.
  • Unsecured loans do not require collateral but may have a higher interest rate. To qualify for an unsecured loan, you may need to provide a personal guarantee meaning the owner takes responsibility for repayment if the business can’t.

Secured vs. Unsecured at a glance…

Secured Loan Unsecured Loan
Collateral Required Yes No
Interest Rate Lower Higher
Risk to Business Asset at Risk if Default No Asset Risk
Security Uses the Asset Usually PG or Debenture
Early Repayment Yes Yes


Both options offer flexibility in managing your finances. You’ll repay the loan with regular payments and own any equipment purchased with the funds. The majority of business loans arranged by Portman are unsecured but many options are available.

Loan liability & risk

Personal Guarantees (PG) & Debentures for Business Loans


PG vs. Debenture

Securing funding for your business is crucial for growth and stability. But when it comes to repayment terms, you might encounter two options – personal guarantees and debentures. What’s the difference?

  • Personal Guarantee – A personal guarantee is a legal agreement where a business owner promises to be personally liable for the loan if the business defaults. This essentially puts your personal assets at risk if the business cannot repay the loan. Personal guarantees are typically required for unsecured loans (loans without collateral). Learn more about PG’s with our helpful guide.
  • Debenture – A debenture is a loan secured on a specific business asset (like equipment or inventory). In case of a loan default, the lender can seize the pledged asset to recover some or all of the outstanding loan amount. Debentures offer some protection for the lender but importantly for the borrower, limit risk to the business not personal assets .

When might I be offered a Debenture?

A debenture makes the business liable, not the directors, but they are offered at the discretion of the lender:

  • Business Assets – Does the business have unencumbered assets, i.e. ones it owns that are not already on finance that the lender can use as security.
  • Director Guarantees – Does the Business Directors already have personal guarantees or have limited personal assets.
  • Asset Type – Are the available assets high value and re-saleable, could a lender liquidate them easily if required?

Talk to Portman or consult a financial advisor to understand the implications of each option and choose the one that best suits your business and personal needs.

Boost your business potential
What can business loans be used for? ?
Is a business loan right for me? ?
When should you get a commercial business loan? ?
Am I eligible for a business loan? ?

What can business loans be used for?

Business loans can be used for any legitimate business purpose, you know your business and goals best, and you choose where to invest. Loans are often used to:

  • Boost cashflow 
  • Cover operating costs and expenses 
  • Cover staff wages 
  • Fill the gap between invoices and getting paid 
  • Supplement seasonal income 
  • Purchase materials, inventory or stock 
  • Ensure cashflow during a project with staged customer payments
  • An alternative to unarranged overdrafts or credit cards

If lines of credit are exhausted first, a company may not have funds for day-to-day expenses and contingency. They will also affect your ability to obtain further credit in the form of a loan.


Is a business loan right for me?

Only you know when your business is ready for a financial injection. A business loan has many key advantages that could assist your business, allowing you to:

  • Get what you need instantly
  • Secure fixed monthly repayments, giving you financial security  
  • Cover immediate costs and make repayments whilst your business generates revenue and develops a stronger foundation
  • Build your business credit score for the future and strengthen your financial footing
  • Expand your existing premises and grow your business
  • Grab an opportunity that’s bigger than the potential repayments 
  • Attract the best talent 

If you’re still unsure if a business loan is the right choice for your business, there are other funding options that might help. Alternatively, talk to our Team for expert advice.


When should you get a commercial business loan?

There may be several key moments in the growth and progression of a business when a financial injection is needed. Start-up businesses often need to borrow when buying their initial equipment or funding their premises. After some time, many businesses look to expandleading them to look for larger premises or more expensive equipment. Seasonal businesses or those undertaking long projects with staged payments sometimes like to smooth out their cash flow if costs are relatively static during the year. In addition, there are times that businesses, through no fault of their own, need a bit of financial support through a particularly tough trading period in their industry. A key example of this could be the COVID-19 Pandemic ripping through countless industries and causing countless companies to struggle.

Each business is different and has factors that could play a part in its eligibility for a particular loan. Factors like individual trading circumstances and history affect whether finance is right for you and the amount of finance that is appropriate. If you do decide either a long-term or short-term loan is a good option, Portman operates as both a lender and broker who work with businesses of all types of credit history. As a result, Portman is best placed to find you the right deal.


Am I eligible for a business loan?

Eligibility for a business loan depends on your circumstances and those of your business. Many businesses will find that they are eligible for a loan. Still, the types of loans and available rates will vary depending on several factors, including your credit history and the business’s trading history. It is important to be as transparent as possible to gain a clearer and more accurate understanding of the type of loan that can be offered to you. At Portman, we operate as both a lender and a broker and can make our own decisions or find the best lender for you.


Business Loans FAQs

Do you offer small business loans?

Portman typically sources funding from £10,000 but is able to offer lower value funding in some circumstances. We do work with businesses of all sizes and can secure funding for both small businesses or new starts, as well as established larger firms.

Are business loans hard to get?

The ability to get a loan and the best available rate depends on your business’ individual trading history as well as the financial history of any directors. It may be easier for long-established businesses with a healthy balance sheet to obtain finance than for newer businesses or those who have had financial difficulties. However, as both a lender and a broker, Portman can match the requirements of our customers with the lender most likely to offer finance, giving you a greater chance of success.

How are business loans secured?

Business loans are ‘secured’ against existing commercial assets. This could include machinery, vehicles or property. What this means is that should the borrower be unable to repay the amount owed, the lender can sell those items in order to recoup the money it is owed. An unsecured loan does not put your business assets at risk, however, they carry greater risk for the lender and so are likely to be more expensive.

How do I get a business loan?

You can enquire online by using our eligibility checker. Click ‘get started’ at the top of the page and complete your details on the enquiry form. Once you have submitted your details, one of our account managers will contact you to discuss your needs. We do need some business documentation from you but will complete proposals and applications on your behalf.

How to apply for a business loan?

You can enquire online by using our eligibility checker enquiry form. Click ‘get started’ at the top of the page and complete your details on the enquiry form. Once you have submitted your details, one of our account managers will contact you to discuss your needs. We do need some business documentation from you but will complete proposals and applications on your behalf. 

What can business loans be used for?

Business loans can be used for any legitimate business purpose. Our customers use loans to fund premises, to buy stock, to market their business, to cover wages or operational costs or to buy any items they need for their business. This type of loan cannot be used for personal expenses as personal credit is not tax deductible


General Enquiries

What are your rates?

The interest rates available to each customer vary based on a large number of factors including the trading history and credit rating of the business, the credit history of any company directors, how much money is required and what the funds are being used for. The rates for customers with an exceptional credit rating start from an annual flat rate of 5.3%.

Do you provide finance outside the UK? 

Unfortunately, Portman can only finance companies registered and operating in the UK.

How long will I be paying back the finance? 

Terms are available between 2 and 6 years. Options available to you may be dependent on the circumstances of your business, but then the final choice is up to you.

I thought finance was just for people who can’t afford to buy? 

On the contrary, asset finance is designed to spread costs over a period of time, whilst your new equipment generates revenue. Using your business’ cash or credit card and buying outright can mean that there’s no free cash for emergencies or to cover fluctuations in demand. Using finance helps even out the monthly budget and choosing a lease finance or hire purchase deal allows you to treat tax in different ways which may suit your business better. Finance allows you to get what you need now, rather than waiting to buy outright, this helps avoid inflation, as you buy at today’s prices and means you have use of the asset immediately to help grow your business.

Isn’t it cheaper just to go to a lender direct? 

Whilst banks can offer different rates, they often reject certain type of purchase, businesses in different industries and have very strict lending criteria. At Portman we deal with a panel of over 40 lenders as well funding businesses with our own money. We have access to specialist lenders and specialist types of finance, giving a variety of options and a greater chance of success. Portman may have rates that are not available to a customer who goes direct and can also explore the whole lending market in one go, saving you time. We have access to specialist lenders that are not available to individuals and can even put together finance packages from multiple lenders. All of which gives you competitive rates, with a greater chance of acceptance.

What are the minimum and maximum amounts I can borrow? 

The amount that you are able to borrow very much depends on a combination of your own personal circumstances and the trading history of your business. Like a mortgage, finance amounts can also be affected by the size of your business. Broadly speaking we offer finance agreements from around £10,000 up to approximately £2,000,000

How Should I Manage & Avoid Late Payment Fees & Charges?

Receiving late payments or paying late yourself can create hurdles affecting your financial stability and the relationships you’ve worked hard to build with your clients. Read how you can both avoid and manage late payments with Portman’s helpful guide on Late Payment Fees & Charges.

Our experts can find the right funding for you.

Find out how we can help today.
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