Unsecured business loan
How much can I borrow on a business term loan?
You can borrow anywhere from $5,000 to $500,000 with a term loan.
How long does it take for a term loan to be approved?
A business term loan can be approved within 24 hours of your application.
How do I apply for a business term loan?
If you're considering a business term loan, we can help. Fill out our quick form, and our lending experts will then get in contact to confirm your details and find the right funding solution for your needs.
Do I need collateral for a business term loan?
You often don't need collateral to access a business term loan, meaning you don't need to put forward an asset in order to secure it.
What are the requirements for a business term loan?
Every lender has different requirements, and each application form will have its own set of questions. For unsecured loans, you typically need to have a clean credit history and consistent turnover.
Plus, for most business loans, you can expect to provide business registration details, financial, tax and cash flow statements, and balance sheets.
What is a business term loan?
A business term loan allows you to borrow money and repay it over an agreed period, usually with regular repayments. These loans can be either secured or not, depending on the lender and your business profile. In many cases, you won’t need to provide an asset as security, which can make access to funds more straightforward.