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Quick business loans: when you need cash fast

Quick business loans provide fast access to cash. Unlike traditional loans that may take weeks or even months to process, quick business loans offer a streamlined application and approval processes, with minimal documentation requirements.

Quick Business Funding | Same Day Business Loans

What is a quick business loan?

Quick business loans are normally unsecured loans that allow you to borrow without giving security on any business assets. They’re a quick and easy way to get an affordable cash injection for your business. Like with any loan you’ll repay the amount you borrow in monthly installments over an agreed period of time, and the interest rate is fixed so you'll know your repayments.

What can a quick business loan be used for?

An quick business loan can be used to fund most business related purposes such as buying stock or equipment, covering running costs, business expansion or cash flow.  There may be an unmissable opportunity or an unexpected bill whereby funds are needed quickly, emergency business loans offer flexibility and are quicker and simpler to get than traditional bank loans.

How easy is it to get a quick business loan?

The process of securing a quick business loan differs depending on the type of lender.  Same Day Business Loans work with a panel of trusted lenders that often have less requirements compared to traditional loans from banks. This means there’s more chance of getting approved when you may not meet the strict criteria set out by the banks.

Quick Business Funding | Same Day Business Loans

Are quick business loans more expensive?

Unsecured lending can be more expensive, interest rates are normally higher compared to secured lending because the lender is taking on more risk. But there are many lenders offering competitive interest rates currently starting from around 6.9% p.a. which is often much more affordable than a business overdraft or a credit card. If your business has a solid trading history and a good credit rating you’ll likely be offered better interest rates.

Quick Business Funding | Same Day Business Loans

How do I apply for a quick business loan?

The process for applying will differ lender to lender with some requiring more information and documentation upfront.  Making an application with Same Day Business Loans is streamlined and only takes about 10 minutes to complete. You’ll just need to provide some basic information about your business such as shareholder details, top level financials, and purpose for the funding. To qualify for a quick business loan you normally need to be a limited company that’s based in the UK and has been trading over 12 months.

How fast can I get a quick business loan?

As there are less checks by the lender when applying for a quick business loan, the process is quicker and simpler than with traditional loans.  Through Same Day Business Loans, our panel of lenders will turn round a decision within 1 working day and get the funds in your bank within 2 working days, it could just be a couple of hours. It's that quick.

Things happen

Whether it’s an unexpected bill or an unmissable opportunity, apply today and we’ll help you find the cash you need fast without affecting your credit score.

  • Cashflow
  • Paying a bill
  • Purchasing equipment
  • Bridging loan
  • Purchasing stock
  • New opportunity

Ready to get started?

Flexible terms to suit every business

  • Borrow £10k - £100k
  • Repay over 6 months to 6 years
  • Fixed rates from 6.9% p.a.
  • No fees to settle early