We Take the Hassle Out of Getting an Affordable Business Loan in The UK.
We work with a trusted panel of lenders to help your business get the business loans it needs quickly and easily.
Flexible borrowing for businesses
Tailored quote just for you
Borrow from £1000 upwards
Types of business loan available
Unsecured business loans
Flexible unsecured business loans for companies with good credit scores. Get fast access to finance.
Flexible loan durations
Fast application process
Quick decision business loans
To get an unsecured business loan we need to have a quick chat that should take no more than 10 minutes.
Subject to all required info being received, we can often get you a same day decision on your business loan.
secured business loans
For use when your business needs to access much larger sums or for when shorter loan terms are required.
Payment terms up to 20 years
Variable and fixed rate loans
Some of the best business loans
If you would like to discuss a new business loan, please call us on 03330 16 9002
Alternatively, if you would like to discuss your funding options you can request a call back at a time and date convenient to you Simply click the button below.
Apply for business funding...
To apply for a business loan with Hamilton Wood and Company, yes, your business needs to be in the UK.
Yes, you can only apply for a loan with us if you are a Limited Company or a Plc. We d not offer loans to sole-traders or individuals.
Let's be realistic, if you have a terrible credit score your options could be limited however, there are options. If you have any business assets to secure your loan against then doors may be open. We do not want to see people in difficulty so please make sure that you're not seeking funding if it will only make your situation more precarious in the near future. Whilst we can help, and we try and guide you to number of loan options you may be interested to read the FAQ below 'How can I get the cheapest business loan possible?'
This will depend on the needs of your business and your cash-flow projections. If you know where you are up to with your figures and what payments are on the horizon, then yes, short-term funding could be an option. Typically short-term funding carries higher APR's which as you may be aware is an indicator of the total cost of borrowing. Depending on what amount you need and how quickly you need it, call one of our specialists at Hamilton Wood & Company and we will be happy to help you get the funding that's right for you.
We get asked this question a lot. It's almost the famous 'how long is a piece of string question' rehashed. There are many variables that effect your ability to access low-cost business funding. Firstly, if you have recent County Court Judgements (CCJ's) levied against you within the last 6 years this will seriously impact your ability to access some of the better/more affordable APR loan products.
If you have missed payments on credit cards, utility bills or insurance services then this too can affect your ability to access the better loan deals. Its worth trying to settle any outstanding CCJ's and catching up on any missed payments for the services provided to you in good faith. Let's face it, if your friend had a history of never paying you back for that last meal, would you lend them a substantial amount of money after this if they asked you?
The same logic applies here. The majority of lending providers now use all sorts of metrics to assess your creditworthiness before finalizing any loan decision. Your job is to make the prospect of lending to you as positive as possible by showing you are low-risk and will pay the loan back. If you continue to do this on a regular basis you will show you are responsible with credit and so, the doors to lower cost and larger loans may begin to open for you.
With a secured loan, you borrow against an asset that is typically referred to as 'collateral.' This can be plant and machinery, commercial property, vehicles etc. In the unlikely event you aren't able to meet your loan repayments, the loan provider can repossess the asset. Although some business owners try and avoid secured loans, it's worth bearing in mind that more often than not, secured loans offer much more affordable APR's which makes the cost of borrowing much more affordable in most cases.
With unsecured small business loans, the loan is not secured against the value of an asset. We provide access to both secured, and unsecured small business loans.