Unsecured Business Loans | £0 Deposit Required

Trusted by 4000+ clients

Unsecured Business Loans

Borrow without putting company assets on the line. Whether you need short-term cash flow or growth capital, our brokers match your business to the right lender.

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    Access to 104+ lenders - without the hassle
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    Same Day Business Loans
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    Loans from £10,000
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    Short-term & long-term funding available
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    Rates from 7%
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An unsecured business loan is a type of financing provided to a company without taking a specific asset (like property, machinery, or vehicles) as collateral. Lenders approve these loans based on the business’s credit history, cash flow, trading performance, and the directors’ personal guarantees rather than a fixed security charge over an asset. Unlike secured facilities, unsecured loans are usually quicker to arrange but carry higher interest rates and lower borrowing limits.

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Please note this is not a quotation for finance, this is for illustrative purposes only. The figures are available to UK incorporated businesses only. The value provided is intended as a guide only. For an accurate quotation please contact us.

Benefits of Unsecured Business Loans

There are several benefits to an unsecured business loan, such as:
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    You don’t have to put property, equipment or other business assets at risk
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    You can still use property or equipment as security for other facilities
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    Lenders focus on cash flow and trading performance, not only asset value
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    Many unsecured loans have fixed monthly repayments to simplify budgeting

Eligibility Criteria for Unsecured Business Loans

  • Two years of trading history
  • Profitable accounts, with a minimum turnover of £100k
  • Good business / personal credit / good Delphi score
  • No default payments or outstanding County Court Judgment (CCJ)
  • All company directors need to be UK citizens or hold Indefinite Leave to Remain. (Not all lenders require proof, but some may ask)

Additional Information:

  • For loans above £50,000, the customer must be a homeowner.
  • Non-homeowners are eligible for loans up to £50,000 only.

Exclusion Criteria:

  • Turnover of less than £100k.
  • Outstanding CCJs.
  • Customers with severe adverse credit.

Should you fulfil the above, we are confident we can take your business to the next level.

Contact us

Additional Information:

  • For loans above £50,000, the customer must be a homeowner.
  • Non-homeowners are eligible for loans up to £50,000 only.

Exclusion Criteria:

  • Turnover of less than £100k.
  • Outstanding CCJs.
  • Customers with severe adverse credit.

What Can Our Unsecured Business Loans Be Used For?

Two workers overseeing a construction
Short-term funding (12 to 36 months), which is suitable for…
  • VAT Loans
  • Stocking Facilities
  • Working Capital
  • Deposit payments for large acquisitions
  • Management buyouts
Neon open sign of a business
Longer-term funding (36 to 72 months), which is often ideal for…
  • Expansion of business
  • Acquiring another business within the UK
  • Asset purchase which is unfinanceable
  • Working capital
  • Recruitment, Marketing etc

Our Unsecured Loan Options

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Quick business loans

Our experienced finance brokers help businesses access loans quickly, from £10,000 to £300,000, delivering fast, flexible funding within 24 hours.
Discover our Quick Business Loans
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Short-term business loans

Our short-term business loans help you bridge short-term funding gaps, allowing you to stay agile and grow your business. Acquire funds between £10k and £300k in 48 hours.
Discover our Short-term Loans
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Business cash flow loans

Do you need a quick and easy cash injection for your small business? With rates from 7% and a £0 deposit, our brokers help you acquire the perfect solution to your cash flow needs.

Discover our Cash Flow Loans
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Acquisition loans

Our acquisition finance offers a reliable way to purchase a business when you cannot acquire the necessary funds yourself, providing up to £5 million to complete the acquisition.

Discover our Acquisition Loans

Testimonials

  • "JS Power is in a unique and specialist market, and it requires like-minded companies to work with. Union Business Finance is a true asset to our company. SJ and his team take time to understand our products and, as importantly, our clients' needs. This type of relationship is paramount as it enables Union Business Finance to speak to various lenders on our client’s behalf to get the best deal available.

    -Jonathan Searby - JS Power

  • "We have worked with Sujane at Union Finance for over four years, and our relationship has grown significantly during that time. Through Union Finance, we’ve been able to offer our clients a broad range of finance products, including equipment lending, commercial mortgages, and unsecured business loans. Service has always been a top priority for us, and Union Finance has consistently delivered"

    - Mr Aravinthan - APT Accountants Ltd

  • "We have worked exclusively with SJ over many years, he is always prompt professional and eager to match the right product to our clients. He has become a trusted partner to STS Storage Systems and have no issues in recommending him to clients old and new"

    - Mark Heard - STS Storage systems

  • "We have been working with Union for over two years, and during this time, our clients have greatly benefited from their refit finance solutions."

    - Dilaxshan - Futurewise Accountancy Ltd

  • "JS Power is in a unique and specialist market, and it requires like-minded companies to work with. Union Business Finance is a true asset to our company. SJ and his team take time to understand our products and, as importantly, our clients' needs. This type of relationship is paramount as it enables Union Business Finance to speak to various lenders on our client’s behalf to get the best deal available. Coupled with constant updates and outstanding client focus SJ and his team are the Go-To Finance Partner."

    -Jonathan Searby - JS Power

  • "We have worked with Sujane at Union Finance for over four years, and our relationship has grown significantly during that time. Through Union Finance, we’ve been able to offer our clients a broad range of finance products, including equipment lending, commercial mortgages, and unsecured business loans. Service has always been a top priority for us, and Union Finance has consistently delivered"

    - Mr Aravinthan - APT Accountants Ltd

  • "We have worked exclusively with SJ over many years, he is always prompt professional and eager to match the right product to our clients. He has become a trusted partner to STS Storage Systems and have no issues in recommending him to clients old and new"

    - Mark Heard - STS Storage systems

  • "We have been working with Union for over two years, and during this time, our clients have greatly benefited from their refit finance solutions."

    - Dilaxshan - Futurewise Accountancy Ltd

  • "JS Power is in a unique and specialist market, and it requires like-minded companies to work with. Union Business Finance is a true asset to our company. SJ and his team take time to understand our products and, as importantly, our clients' needs. This type of relationship is paramount as it enables Union Business Finance to speak to various lenders on our client’s behalf to get the best deal available.

    -Jonathan Searby - JS Power

  • "We have worked with Sujane at Union Finance for over four years, and our relationship has grown significantly during that time. Through Union Finance, we’ve been able to offer our clients a broad range of finance products, including equipment lending, commercial mortgages, and unsecured business loans. Service has always been a top priority for us, and Union Finance has consistently delivered"

    - Mr Aravinthan - APT Accountants Ltd

  • "We have worked exclusively with SJ over many years, he is always prompt professional and eager to match the right product to our clients. He has become a trusted partner to STS Storage Systems and have no issues in recommending him to clients old and new"

    - Mark Heard - STS Storage systems

  • "We have been working with Union for over two years, and during this time, our clients have greatly benefited from their refit finance solutions."

    - Dilaxshan - Futurewise Accountancy Ltd

  • "JS Power is in a unique and specialist market, and it requires like-minded companies to work with. Union Business Finance is a true asset to our company. SJ and his team take time to understand our products and, as importantly, our clients' needs. This type of relationship is paramount as it enables Union Business Finance to speak to various lenders on our client’s behalf to get the best deal available. Coupled with constant updates and outstanding client focus SJ and his team are the Go-To Finance Partner."

    -Jonathan Searby - JS Power

  • "We have worked with Sujane at Union Finance for over four years, and our relationship has grown significantly during that time. Through Union Finance, we’ve been able to offer our clients a broad range of finance products, including equipment lending, commercial mortgages, and unsecured business loans. Service has always been a top priority for us, and Union Finance has consistently delivered"

    - Mr Aravinthan - APT Accountants Ltd

  • "We have worked exclusively with SJ over many years, he is always prompt professional and eager to match the right product to our clients. He has become a trusted partner to STS Storage Systems and have no issues in recommending him to clients old and new"

    - Mark Heard - STS Storage systems

  • "We have been working with Union for over two years, and during this time, our clients have greatly benefited from their refit finance solutions."

    - Dilaxshan - Futurewise Accountancy Ltd

    How it works

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    Pre Screening

    Let’s talk about where your business is, where you want it to be, and how you meet the requirements.
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    Underwriting

    Send us your supporting financials for us to review, and we’ll get a proposal sent for credit approval.
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    Approval

    Lender approved with terms issued - documents ready for signing and submitted for payout.
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    Paid out

    Once signed on the dotted lines, funds will be released.
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    Enquire Now

    Why Choose Union Business Finance?

    Based in Hemel Hempstead, our team strives to make a positive difference in the financial world. Here’s why businesses partner with us to access unsecured loans:
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    Proven Experience

    Over 10 years of helping businesses secure the right finance
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    Trusted By Thousands

    More than 4,000 businesses have chosen us
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    Wide Lender Panel

    Our brokers help you gain access to 100+ lenders
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    Industry Knowledge

    From vets to hospitality, we have a great financial understanding of many different industries
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    Personal Service

    We take time to understand your business, so our advice is practical and tailored

    Contact Us for Fast Access to Vital Business Capital!

    At Union Business Finance, we understand that some businesses need access to urgent capital without the concern of tying up assets. Our expert brokers review your needs and present clear, practical options, often on the same day - tailored funding, accessed quickly.

    To get started, please get in touch with us for a FREE, no-obligation review, and we’ll match you with the best solution for your business!

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    FAQs

    How quickly can I get an unsecured business loan?
    Times vary by lender and product, but unsecured options can often be quicker than secured loans. We can approve business loans within 24 hours for certain products, while some cash flow loans can be funded in as little as 48 hours. Approval speed depends on the facility, the lender, and how quickly you supply us with the right documents.
    Is an unsecured business loan the same as a line of credit?
    Not exactly. An unsecured business loan is an umbrella term that covers several facilities taken without a fixed asset charge. A line of credit (such as an overdraft or revolving credit) is a specific type of facility that gives you ongoing access to funds up to a limit; it can be unsecured but is just one form of unsecured borrowing.
    Do I need to give personal guarantees?
    Often, yes. For many unsecured facilities, lenders ask for directors’ personal guarantees to reduce their risk. Requirements vary by lender, loan size, and your business’s financial profile, so personal guarantees are common but not universal - the exact terms will be set out in the lender’s offer.
    What documents will I need to apply?

    The main documents we require for an unsecured business loan often include:

    • Business Plan: Outline your business and how the loan will be used
    • Financial Statements: Income statements, balance sheets, and cash flow statements
    • Tax Returns: Personal and business tax returns for the past few years
    • Bank Statements: Recent bank statements
    • Legal Documents: Business licences, registrations, and ownership agreements
    Can I get an unsecured business loan with bad credit?

    Some lender panels are willing to consider applicants with low credit scores, but options will usually carry higher rates or stricter terms. Alternative short-term products such as Merchant Cash Advances (MCAs) often have higher approval rates for businesses with weaker credit profiles.

    Improving credit and supplying strong cash-flow evidence will improve your chances - our useful credit score guide explains how to do this.

    What are the alternatives to an unsecured business loan?

    If unsecured borrowing isn’t suitable, common alternatives include secured asset finance (hire purchase, leasing), equipment finance, invoice finance, commercial bridging loans, and secured business loans - these typically use property or equipment as collateral and can offer larger amounts or lower rates.

    One of our knowledgeable brokers will explain the different secured and unsecured options available to you, so you can find what best fits your needs.

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        1st Floor Suite 1,
        Unit 2 Grovelands Business Centre,
        Hemel Hempstead
        Hertfordshire
        HP2 7TE

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      Disclaimer

      Aintu Ltd (Registered Company Number: 12139002. VAT Number: GB385130404) T/A Union Business Finance is an independent asset finance brokerage not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Aintu Ltd will receive payment(s) in the form of commission from the finance provider if you decide to enter into an agreement with them. We work with both discretionary and non-discretionary commission models. Commission payments are factored into the interest rate you pay. Aintu Ltd is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority FRN: 625035. ICO Registration Number: ZA541243 Aintu Ltd aims to provide our customers with the highest standards of service. If our service fails to meet your requirements and you would like to report a complaint; please click on the link below:

      https://www.afsuk.com/asset-finance-solutions/contact/complaints-procedure/

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