Small business loans selby

Flexible finance for businesses in Selby.

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From industrial legacy to modern renaissance

Selby, UK, is a hidden gem where history and modernity harmoniously intertwine. Nestled along the picturesque banks of the River Ouse, this charming market town boasts a rich heritage highlighted by the magnificent Selby Abbey, a stunning testament to medieval architecture.

Starting your own business in Selby is exciting, but finding the money to get started can be tough. That's where Business Enterprise Fund (BEF) come in. Our loans are all about helping Selby's businesses access the finance they need to grow and flourish.

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How can my Selby business benefit from a BEF loan

Start-up costs and scaling up

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.

Property stuff

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.

Inventory

Need stuff to sell or materials to make your products? The loan can help buy all that.

Working capital

This is for the everyday money needs like paying your team, covering bills, and other regular costs.

Equipment and technology

If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.

Marketing and advertising

Get the word out about your business and attract more customers with some marketing and ads.

You can use a business loan to support a wide range of business activities.

What business loans are available

Start up loan £500 to £25k

Kickstart your start-up business.


  • A 6% fixed interest rate
  • Flexible repayment 1 to 5 years
  • Up to 4 partners or directors
  • No arrangement fees
  • No early repayment fees
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NPIF II £25k to £100k

For growth and development projects.


  • Drives sustainable economic growth
  • Provides diverse finance options
  • Covers all regions in the North
  • Supports businesses in Yorkshire and Humber
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Small business loan Upto £250k

For growing businesses.


  • Competitive interest rates
  • Flexible repayment 1 to 5 years
  • Get funds within 2-3 weeks
  • Minimal setup fees
  • Minimal early repayment fees
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We provide flexible finance to support different business needs and stages. 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.

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Why choose BEF

Fair rates for Selby

Our interest rates are set to match what's going on in Selby, making it easier for businesses to grow without getting weighed down by costs.

Local help from local experts

We have people from the area who know all about the local business environment. They tailor our services to give you spot-on advice and solutions.

Fast loan approval

We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.

We get Selby

Our loans are built to tackle the challenges businesses face right here, offering real help that makes a difference to local businesses and communities.

We have built our loans to fit your business needs, and to tackle the unique problems you might face in the area. See how our different approach can your business take off.

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How do i get started

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1. Fill out enquiry form

Complete our online enquiry form. It takes just a minute.

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2. Submit the form

This action sends your information directly to our investment team, who will begin reviewing your request.

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3. Await contact

A member of our investment team will get back to you within two working days.

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4. Receive guidance on next steps

They'll guide you on your next steps, including how to complete a full application.

Your 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.

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Is my business eligible?
What can I use a BEF small business loan for?
How long does an application take to be approved?
Can I use a small business loan to start a new business?
How do I apply for a small business loan from BEF?
How do I grant permission for BEF to access my financial data using Open Banking?
What is a personal guarantee?