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For the bigger moves.
A refit, a second site, buying out a partner, a new kitchen. A fixed-rate business loan UK limited companies can take from £10,000 to £750,000, repaid monthly over six months to six years, with no early repayment penalty.
What it might cost.
Three illustrations at the rate shown. Your rate is set on your business when Funding Circle quotes.
| Borrow | Over | Approx. monthly repayment | Note |
|---|---|---|---|
| £25,000 | 3 years | [quote] | plus a one-off completion fee |
| £60,000 | 5 years | [quote] | plus a one-off completion fee |
| £150,000 | 6 years | [quote] | plus a one-off completion fee |
Illustration only. Funding Circle sets your rate and completion fee on your business; the figures you’re quoted may differ.
What you get.
The cost is known on day one, and nothing is added to it later.
Fixed rate, fixed repayments
The rate is fixed for the term, so you know the monthly cost on day one.
Use it for almost anything
Equipment, fit-out, stock, hiring, refinancing, a second site.
One-off completion fee, nothing else
Charged when the loan is taken out. No arrangement fees after that, no early repayment fee.
Repay early without penalty
Overpay or clear the loan in one go whenever you like, with no penalty.
Funds fast
A decision in as little as five minutes; money typically within 48 hours of approval.
A personal guarantee is required
The loan is unsecured, but Funding Circle asks every director to sign a personal guarantee. Understand what that means before you apply; we’ll talk it through.
Who can apply.
- A UK limited company or LLPSole traders aren’t eligible for this loan.
- At least one year’s tradingAssessed on your accounts and bank statements.
- Not in financial difficultyNo ongoing insolvency proceedings.
How it works with Atlas.
Atlas is a Funding Circle partner: we introduce, Funding Circle decides and lends, and we may receive a commission.
- 1
Tell us what the money’s for
A rough figure and a rough timeline. Ten minutes.
- 2
We check a loan is the right shape
Or whether FlexiPay or the government-backed loan would do it better.
- 3
Check and apply
Thirty seconds to check your eligibility, about seven minutes to apply. Funding Circle decides.
- 4
Money lands, Atlas stays
Funds typically within 48 hours of approval. We stay the number you ring.
Business loan, FlexiPay or government-backed?
A lump sum over years, a revolving limit over months, or the scheme loan. One application assesses both loans.
| Business loan | FlexiPay | Government-backed loan | |
|---|---|---|---|
| Shape | Lump sum, repaid monthly | Revolving limit, pay and repay | Lump sum, repaid monthly |
| Amount | £10,000–£750,000 | £1,000–£250,000 | £25,001–£250,000 |
| Term | six months to six years | 1, 3, 6, 9 or 12 months per payment | two years to six years |
| Cost | From 6.9% per year plus completion fee | 0% interest, one flat fee per payment | From 13.4% per year plus completion fee |
| Trading history | one year | one year | two years |
Business loan questions.
How much can I borrow?
£10,000 to £750,000, set on your business’s accounts and bank statements.
How long does it take?
Eligibility in 30 seconds, a decision in as little as five minutes once the application is in, and funds typically within 48 hours of approval.
What’s the rate?
From 6.9% per year, fixed for the term and set on your business, plus a one-off completion fee.
Do I need security?
The loan is unsecured: no property or assets are taken as security. A personal guarantee is required.
Can I repay early?
Yes, in part or in full, with no penalty.
What’s Atlas’s role?
We’re a Funding Circle partner. We check it’s the right product for you and introduce you. Funding Circle decides and holds the agreement. We may receive a commission.
Related.
Tell us what the money’s for.
A rough figure and a rough timeline. We’ll tell you if a loan is the right shape, or if FlexiPay would do.
Excellent4.5 out of 5TrustpilotImportant information. Atlas Payments (Robles Payments Limited, company number 16864953) introduces customers to Funding Circle Ltd, authorised and regulated by the Financial Conduct Authority. Atlas Payments does not lend and does not make lending decisions. All products are subject to status and a full assessment by Funding Circle; limits, rates and fees depend on your business and the product. Available to UK limited companies and LLPs. We may receive a commission from Funding Circle when a product is taken out.
Cashback business credit card: representative 34.9% APR (variable), rates from 14.9%. 2% cashback on eligible spend for the first six months, up to £2,000, then 1% uncapped. Up to 42 days interest free on purchases when the balance is paid in full. The FlexiPay Business Credit Card is issued by Monavate Ltd. Think carefully before borrowing. Repayments must be affordable for your business.