What is an Unsecured Business Loan

An unsecured business loan is a flexible and accessible financing solution that empowers businesses to secure funds without the need for collateral, providing a streamlined and cost-effective way to borrow.

Access finance of up to £250,000 for various business purposes.

What can our unsecured business loan be used for:

Refinance

Fuel business
growth

Manage working
capital

Acquire property
or land

Purchase assets
or machinery

Cover deposits

Fund staffing
and training

Invest in
marketing efforts

Fulfil many other
business requirements

Access the necessary capital to drive growth, seize opportunities, and navigate financial challenges while preserving the integrity of your valuable assets.

Unsecured business loan at a glance
Loan Amount£50,000 – £250,000
Loan Term6 – 60 months
SecurityNot required
Personal GuaranteeYes
Over or early repayment:No early repayment charges after 12 months.

Qualifying Requirements:

  • The company is required to be registered in the UK and generate a majority (over 50%) of its income from trading activities.
  • The company must either be a Limited (Ltd) company or a Limited Liability Partnership (LLP) with at least one partner being a Ltd company.
  • The facility is intended to primarily support trading activities within the UK and for business purposes such as working capital, expansion, or debt refinancing.
  • Demonstrate a minimum annual turnover of £350k through the latest filed accounts or MI.
  • To be eligible, at least one Director or Shareholder of the company must be a property owner in the UK and be above 18 years of age.
  • Any County Court Judgments (CCJs) must either be settled or currently in the process of being settled.
  • The business must have a minimum trading history of 2 years to qualify.
Small Business Owner - Unsecured Business Loan

Fuelling UK-based SMEs With Our Unsecured Business Loan

In partnership with FundOnion, we promptly funded the client’s unsecured loan application. By catering to the client’s specific financial needs, we were able to provide a business loan of £125,000. This expedited funding empowered the business to fuel their expansion plans and maintain their impressive growth trajectory.

Read the full article here.

How our unsecured business loan works

With Momenta Finance’s unsecured business loan, you can experience a straightforward application process, transparent repayment terms, and flexible payment options to support your business needs.

business loan

Simple Online Application Process

Once you have completed the online form, we will promptly get in touch with you to gather the necessary information and seek permission to conduct the relevant credit checks.

Apply as a limited company without affecting your credit score. 

business loan

Transparent Terms

With our flexible approach, you can make over-payments of the outstanding loan balance annually, without incurring any early settlement fees.

*Please be aware that early settlement fees apply if settling before 12 months. 

Business Loan

Convenient Payment Options

We understand that each customer has different preferences when it comes to making payments, so we offer a variety of choices to accommodate everyone’s needs.

Payments can be made through direct debit, bank transfer, debit card, or PayPal.

Why Choose
Momenta Finance

Small business loans are what we do, all day, every day. Our specialist team from account management through to credit understand businesses just like yours and want them to succeed.

We are a member of the Federation of Small Business (FSB), Consumer Credit Finance Association, Association of Alternative Finance Brokers and a Patron of the National Association of Commercial Finance Brokers (NACFB). We are also registered with the Financial Conduct Authority. This means we adhere to their codes of practice and are uncompromising, in our principles and practise ethical and responsible lending at all times.

Good to know

Momenta Finance, acts as both a lender and a broker. Where we act as a broker, we receive a commission from the lender. This does not impact the final amount that you pay for borrowing.

Get started on funding your business today 

Reach out to us at 0800 848 8480 or contact@momentafinance.co.uk
to register as an Introducer, or request a quote to see how we can help you achieve your goals.