At BEF, accessing funds between up to £250,000 is straightforward and efficient. We offer tailored finance solutions to meet the diverse needs of your business.
A BEF Business Loan can significantly enhance your cash flow, invest in new equipment or stock, acquire assets, refurbish your premises, expand your team, or simply grow your business.
Experience the freedom to grow with our flexible finance solutions. Our Business Loans are perfect for businesses across Yorkshire, The Humber, the North East, and the North West, offering.
With BEF, you're not just getting a loan; you're gaining a finance partner dedicated to your success. We are here to give you access to flexible finance that other lenders can't. That's because we understand the transformative effect flexible financing can have on your business and community.
With flexible terms, competitive rates, and a supportive team ready to assist you, there's never been a better opportunity to invest in your future.
Enquire about a Small Business Loan > It only takes one minute.
Borrow from £500 to £25,000 with a Start Up Loan. This loans is for businesses (0-36 months trading).
*For early resettlement fees, please refer to Section (4) Repayments of our Terms of Engagement.
If you can't find your question here, please reach out to us.
You can use our business loans to support a wide range of business activities:
If you are starting a new business, a Start Up Loan would be most appropriate.
To apply for a Small Business loan, simply complete our enquiry form. Once complete, a member of our investment team will respond within two working days.
We use Open Banking to help us make a decision to lend. To fast track a decision, you must grant access to your financial data using our Open Banking portal: https://connect.consents.online/BEFcommercial.
We use Open Banking to help us make a decision to lend. We only request permission to see the information we need to provide a loan to you.
To grant access, please visit https://connect.consents.online/BEFcommercial.
Typically, the time from application to decision is 2-3 weeks. This is subject to the complexity of the loan and your timely submission of all required documentation. Your investment manager will be happy to discuss this in more detail.
Yes, you can.
Yes, you can.
Yes, you can.
A Personal Guarantee is taken to back-up our loans. It is a legal promise that in the event the borrower company fails to make repayments of the loan, the lender can ask the guarantor to make payment on the borrower’s behalf.
For more information, please read our Personal Guarantee Notice.
Early repayment fees apply. Please refer to Section (4) Repayments of our Terms of Engagement.
Choose between fixed or variable rate finance, covering up to 100% of your funding needs.
We don't do impersonal letters or automated phone services - every client gets connected with a real member of our team.
We see each client as a unique individual, and we evaluate their business in the same personalised manner.
Our loans are open to all sectors and are crafted to meet your specific needs.
Various repayment options are available.
Here's how to apply. If you need assistance, feel free to email us anytime.
Tell us a bit about what you need for your loan. It only takes a minute to fill out. If we can help with your loan, we'll send you a link to a special application form.
Here's where you get into the details of your business. The questions are easy to understand and meant to help us figure out what you need. You'll also need to share some financial info using Open Banking.
We don't make decisions based on computer programs! At this stage, we might need a bit more information from you; your personal Investment Manager will reach out to you.
If your application is approved, it's time to go! We'll transfer the funds to your account, and you can start using them immediately. If your application is unsuccessful, we'll try to give you feedback and advice to help you move forward.
Our clients tell the story best, see how our loans helped them.
"Throughout our journey so far, we have turned to BEF first for our funding requirements."