Small Business Loans

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  • Kickstart your small business with SME finance 
  • Secure the cash you need without investors 
  • Smooth cash flow worries
  • Borrow between £10,000 and £2,000,000
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427 reviews on 4.8 stars
 
  • Both a lender and broker
  • Over £1bn financed since 2007
  • Expert personal service
How does it work?

We make things easy

We know that finance can sometimes be confusing and stressful, but what we do is simple.

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1. Get started in 1 minute.

Enquire without affecting your credit score.

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2. Understanding your business.

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

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3. Our experts do the leg-work.

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

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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
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How can a Small Business Loan help you?

With a small business loan, you can secure the funding needed to expand your business and make your plans a reality. Finance allows you to spread the cost of growing and capturing new opportunities.

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.

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What is a Small Business Loan?

A small business loan works the same as a regular business loan, but they are tailored to the needs of an SME. This means that the available rates and repayment plans are tailored to smaller businesses. 

For many small businesses, SME finance is essential to get started as it allows for development and progress without the uncertainty of cash flow fluctuations. A small business loan allows an SME to invest in quality stock, equipment, expansion, technology and their team.

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What Can I Use a Small Business Loan For?

You can use a small business loan for any legitimate business activity. Although you may have to present your business plan, it is your decision on how you use the funds to develop your business. It could be purchasing new equipment or a vehicle, hiring team members or placing large stock orders to meet customer demand. The possibilities are endless when it comes to a small business loan.

If you are buying equipment, vehicles or machinery, small businesses are eligible to apply for asset finance, which may offer an attractive rate for a larger purchase. Alternatively, if you need short term funds, you may be interested in short-term or flexible loans, that offer less commitment.

A Small Business Loan Can Help You:

  • Smooth cash flow fluctuations. 
  • Invest in new equipment, technology, or automation. 
  • Order large stock quantities. 
  • Establish a base for business. 
  • Pay off existing debt. 
  • Scale your business or expand.
  • Boost your marketing efforts.
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How to Get a Small Business Loan

If you’re ready to apply for a small business loan, you can do so by contacting our team. We will discuss your requirements and financial options in more detail to present you with a no-obligation quote. This will also include information on your repayment plan, your affordability for the term length, monthly payments, and our competitive and transparent interest rates. You can rest assured that our team will get the best and most suitable deal for your unique business requirements.

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Am I Eligible for SME Finance?

You are eligible for SME finance if you are a small business. SME stands for small to medium enterprise, and according to the UK government, typically employs less than 250 staff members with a turnover of less than £50 million. 

However, typically a lender will class a small business as one with a turnover of less than £10,000 a month and no more than 50 staff members. If you’re unsure if your business qualifies for SME finance, don’t hesitate to call us today for further advice and guidance on your unique business situation.

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Why Choose Portman Finance Group?

Choose Portman to help secure your small business loan if you’re looking for a team that makes the whole process quick and easy to understand. Our expert and friendly team are always just one phone call away, and we have the experience and connections to find you the best deal to suit your unique business needs. 

Our process is simple. Start by picking up the phone and enquiring about SME finance today without affecting your credit score. You will then be paired with a dedicated account manager who will collect documentation and work with you to discuss and determine your needs. Next, let us do all the leg work to present you with a no-obligation quote that compares all the right deals. Finally, once you have chosen a deal that suits your small business, the deal will be fulfilled and your finance delivered. 

Sound easy? Enquire today, and our team will get to work to help you.

Small Business Loan FAQs

Small business loans 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 regarding. If your query has not been addressed here, don’t hesitate to call us for further advice and guidance.

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. At Portman, 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

Our experts can find the right funding for you.

Find out how we can help today.
OUR TRACK RECORD

A professional, personal service every time

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Excellent service

Excellent communication and help throughout the process. Easy and prompt emails. Highly…

Daniel Cooper
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Knowledgeable Team

Portman and the entire team are great to work with, know their lenders and products incredibly…

Marney Howe
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Very smooth operation

I have now dealt few times with Portman Finance and it has always been very smooth and…

Anthony ienco
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Outstanding Service!!

We used Portman Finance to secure finance for a new restaurant we are opening. Jack Weston…

David B