Start Up Loan update: From 6 April 2026, new applications are subject to a fixed interest rate of 7.5%. Eligibility for a first Start Up Loan has also been extended to businesses trading for up to 60 months.

Important Information

Take a moment to review the loan details below.

Our Loans at a Glance

Our Small Business Loans support UK businesses needing working capital, growth funding, or debt refinancing. They offer flexible funding, transparent pricing, and a straightforward approach to security and guarantees.


With a Small Business eligible applicants:

  • - Can borrow up to £250,000
  • - Use funds for working capital, business growth, or refinancing expensive short‑term debt
  • - Repay over a fixed term of up to 5 years
  • - Receive a rate of 14% over the Bank of England base rate
  • - Arrangement fee of 4.5%
  • - Will typically need to provide director personal guarantees

For a Small Business Loan of £75,000 repayable over 5 years:

  • - 60 monthly payments of: £1,863.94
  • - Arrangement fee: £3,375.00
  • - Total amount repayable: £115,211.40

If this type of finance isn’t what you’re looking for, it may not be the right option for you.


Has your business traded for less than 5 years?

If yes, a Start Up Loan offering £500–£25,000 per person (up to 4 people), with a fixed 7.5% interest rate and mentoring support, may be a more suitable option.

Confirmation 

When you press Continue, you’ll be redirected to the BEF Group enquiry form to submit your enquiry.