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Small Business Loans
- Secure funding without investors
- Funds within 48hrs
- Borrow £10k – £500k
- Terms 3m – 6yrs
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Both a Lender & Broker
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Over £1.5bn financed since 2007
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Expert Personal Service
A Small Business Loan to help you achieve your business goals
With a small business loan, you can secure the funding needed to expand your business and make your plans a reality. A small business loan allows you to spread the cost of growing and capturing new opportunities.
Ready to get started? We offer tailored financing solutions for all small UK businesses. Our experts work to understand your needs and provide personalised options to align to your requirements, helping you grow. Start a new enquiry online or get in touch with us to discuss your goals and explore our financing solutions.
What is a Small Business Loan?
A small business loan operates similarly to a traditional business loan but is specifically designed to meet the unique needs of SMEs. Our small business loans offer customised rates and repayment options that align with the financial realities of smaller businesses, like yours.
For many small businesses, securing financing is critical for growth, enabling them to move forward without the uncertainty of cashflow instability. A small business loan provides the resources to invest in high-quality inventory, cutting-edge equipment, business expansion, technological upgrades, and team development—laying the foundation for long-term success.
At Portman, we help secure finance for small businesses with the ambition to reach the next step of their business plan, whether they’re essential or ambitious. Get the money you need with an agreed repayment plan that suits your small business’s unique needs.
What Can I Use a Small Business Loan For?
A small business loan gives you the flexibility to invest in your business however you see fit, from purchasing equipment or vehicles to hiring new staff or stocking up on inventory to meet growing demand. While you may need to present a business plan, the choice of how to use the funds is entirely yours, offering countless opportunities to grow and scale your business.
If you’re looking to invest in high-value assets like machinery, vehicles, or equipment, asset financing can provide a cost-effective solution with competitive rates. For more immediate needs, short-term or flexible loans offer quick access to funds with less long-term commitment, ensuring your business stays agile and responsive to opportunities.
A Small Business Loan can help you…
- Smooth cashflow fluctuations.Â
- Invest in new equipment, technology, or automation.Â
- Replenish or order large stock quantities.
- Establish a base for business.Â
- Pay-off existing debt or finance.Â
- Scale your business or expand your workforce.
- Boost your marketing efforts.
How to get a Small Business Loan
Am I eligible for SME Finance?
If you run a small business, you may be eligible for SME finance. SME, or Small to Medium Enterprise, refers to companies that generally employ fewer than 250 people and have an annual turnover under £50 million, as defined by the UK government.
Most lenders consider a small business to be one with fewer than 50 employees and a monthly turnover below £10,000. If you’re uncertain whether your business qualifies for SME finance, we’re here to help. Contact us today for guidance specific to your business needs.
Read to apply for a SBL?
When you’re ready to take the next step toward securing a small business loan, our team is here to assist. Simply reach out to us directly or complete our enquiry form.
We’ll take the time to thoroughly understand your business needs and financial goals, providing you with a no-obligation quote tailored specifically for you. This will include an overview of your repayment plan, affordability for the loan term, monthly payments, and our transparent, competitive interest rates. Rest assured, we are committed to securing the most suitable and advantageous solution for your business.
More Small Business Financing Options
We understand the challenges small businesses face when it comes to securing the right funding. That’s why we offer a range of flexible and tailored solutions to help your business grow and thrive. Whether you’re looking for an SME business loan or unsecured business loans, we can guide you through the process, finding the perfect fit for your needs.
If you’re concerned about approval, the UK Government’s Growth Guarantee Scheme offers peace of mind with guaranteed approval options. For businesses in need of fast capital, we provide short-term loans, and if you have assets, our asset finance solutions can unlock the value in your equipment.
What else can Portman offer SMEs?
At Portman Finance, our expertise in business finance allows us to offer solutions like SME loans that suit your business’s unique circumstances. From working capital to funding for future expansion, our team is here to make securing the right finance simple and stress-free.
Let us help you take the next step toward unlocking your business’s full potential with the right funding for your small business. Start with our enquiry for or getting in touch to enquire about SME finance today without affecting your credit score.
Sound easy? Enquire today, and our team will get to work to help you.
Still searching for the right fit? If you’re considering small business financing and want to explore alternative funding options, check out our top recommendations for SMEs, below. Unsure where to start? Connect directly with one of our experts and call today to discuss your business goals and find the best solution. Alternatively, explore more business financing options with us and discover how we can support your growth.
Our team of experts is ready to help
Small Business Loan FAQs
SBLs are valuable tools to help you develop and scale your SME. Find more information on how Portman can help through the answers to our most frequently asked questions. If your query has not been answered here, call us for further advice.
Can I get a loan to start a small business?
Yes, you can use a small business loan to get started. Whether you’re establishing your own brand or buying a small business, you can use SME finance to help you take the first steps in establishing your small business. Whether you need to use a small business loan to buy stock, invest in equipment or expand your team, we can help you achieve your business plan.
Who is a small business loan for?
When it comes to a small business loan, there is no tick box, one-size-fits-all approach. We understand that no two SMEs are the same. We can help you secure a loan to meet your requirements or provide finance options that meet your needs in other ways. Whether you’re a start-up, buying a business, have poor credit or zero collateral, we will do our best to find a loan and term that suits you. We can also help with a wide range of different industries, from e-commerce to manufacturing.
Are small business loans secured or unsecured?
You may be able to choose either a secured or unsecured small business loan. A secured small business loan uses collateral, like property or an asset as a guarantee to the lender. This protects the lender in the event that the borrower fails to repay, with the added security typically reducing the interest rate. An unsecured loan uses no collateral, which puts the lender at risk if the borrower defaults. The criteria is less strict but the rates may be higher as a result. To find out what options are available to your small business, contact the team.Â
Need more UK Small Business Support?
Discover more from our latest insights & advice on small business finance, sharing knowledge on how different finance can work for you.
Our experts can find the right funding for you.
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