Grow your business
Imagine your business reaching a point where growth demands more support than a Second Loan can offer. That’s when a Small Business Loan becomes your powerful next step.
What is a Small Business Loan
Small Business Loans are an affordable way to continue building your business. They are a great way to expand, invest in new opportunities, or manage cash flow. Our flexible business loans, offering up to £250,000, are designed to meet the unique needs of growing small businesses like yours.
What business loans are available
We support the different business needs and stages of businesses across England and Wales. So, no matter your sector, the size of your business or how long you’ve been trading, we have a loan that can be tailored to fit your needs.
For businesses with larger projects.
- Competitive interest rates
- Flexible repayment 1 to 5 years
- Get funds within 2-3 weeks
- Minimal setup fees
- Minimal early repayment fees
For growth and development projects.
- Drives sustainable economic growth
- Provides diverse finance options
- Supports businesses in Yorkshire and the Humber
How can my business use a Small Business Loan
This is for the everyday money needs like paying your team, covering bills, and other regular costs.
Got a new business idea? Use the loan for starting out costs like getting licenses, permits, and buying your initial gear.
Ready to make your business bigger or go into new areas? There’s money to support that move.
Need stuff to sell or materials to make your products? The loan can help buy all that.
If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.
Whether you’re buying a new place for your business, fixing up your current one, or giving it a makeover, there’s cash for that.
You can use a business loan to support a wide range of business activities.
Why choose BEF
Fair rates for you
Our interest rates are set to match what's going on in England and Wales, making it easier for businesses to grow without getting weighed down by costs.
Support from finance experts
Our team is made up of finance experts who understand the business landscape in England and Wales. We tailor our services to provide you with the most relevant advice and solutions for your business.
Fast loan approval
We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.
We understand small businesses
Our loans address the challenges that small businesses face, providing real support that makes a meaningful impact on businesses and communities in England and Wales.
We’ve designed our loans to meet the specific needs of your business, addressing the unique challenges you may encounter. Discover how our innovative approach can help your business start, grow, and thrive.
Get startedYour frequently asked questions
Have questions? We have answers. If you don't see your question here then reach out to us via our contact page.
How do I get started
Complete our online enquiry form. It takes just a minute.
By submitting, your information goes directly to our investment experts for review. Enable Open Banking for a faster loan decision, without the hassle of extensive paperwork.
A member of our investment team will get back to you within two working days.
They'll guide you on your next steps, including how to complete a full application.