Grow your business with confidence
Flexible finance to power your next move. No hidden fees. Just straight-talking local support.
Have a question? Talk to us
Finance that powers your next move
The right funding should open doors, not close them. Yet too often, traditional lenders offer rigid solutions that slow businesses down.
We do things differently. We back businesses to grow, scale and succeed – with flexible finance built around your ambitions.
A loan designed for growing businesses
A Small Business Loan from Business Enterprise Fund helps you move faster, achieve more and focus on what matters most, growing your business.
You will have direct support from an experienced Investment Manager, shaping funding around your goals, not rigid rules. No jargon. No call centres. Just finance that works for real businesses, right when they need it.
What is a Small Business Loan
A Small Business Loan is designed for established or growing businesses that want to invest in their next step without the delays, rigid rules or red tape of banks and online lenders.
For bigger growth projects
- Average loan: £75k
- Repay over 1 – 5 years
- 13% + base interest rate
- 4% setup fees
- Low early repayment fees
- Receive funds in 2 weeks or less
- Dedicated local relationship manager
- Backed by the GGS
Is a Small Business Loan right for me?
Whatever’s next for your business, a Small Business Loan can help make it happen.
Why choose a Small Business Loan from us?
We’re local, like you
Talk to real people who know your region, your challenges and your ambitions.
We look beyond the numbers
Where traditional lenders focus on rigid criteria, we take a broader view, backing strong ideas, solid plans, and ambitious people.
Decisions made by real people
You’ll work with an Investment Manager who understands your business and your region, not a faceless algorithm.
Not-for-profit, all for you
As a Community Development Finance Institution, we reinvest in businesses like yours, not shareholders.
We’re not just a lender. We’re a not-for-profit partner dedicated to your success.
Start your enquiryClient testimonials
We’ve helped thousands of businesses. Here’s what they have to say.
"This NPIF loan has empowered us to better serve our community and expand our horizons."
Tomas Oppedal
"Throughout our journey so far, we have turned to BEF first for our funding requirements."
How to apply in four easy steps
See how we can help your business move forward.
Get a funding solution tailored to your goals.
Receive a tailored funding solution built for you.
Most businesses receive their loan within two weeks.
FAQs about Small Business Loans
We’re local and ready to chat. No pressure, no jargon, just clear, friendly advice to help you take the next step.
Loan example
Loan example
You can apply for a Small Business Loan of up to £250,000.
For a Small Business Loan of £50,000 loan repayable over 5 years (this is an illustration only):
- 60 monthly payments of £1,256.11
- Setup fee: £2,000 (payable at start of contract)
- Interest rate: 13.5% per annum (above B.O.E base)
- A personal guarantee may be required
Your actual loan terms may vary depending on your circumstances and the decision of our credit approvers.
All loans are subject to eligibility and affordability checks.
Early Repayment Fees
For early resettlement fees, please refer to Section (4) Repayments of our Terms of Engagement.