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Loans

Business loans

You know your business. We know how to help.

Looking to expand your business, invest in equipment or borrow for working capital? See how we can help with our wide range of secured and unsecured business loans.

Recovery Loan Scheme

Supporting your business following the pandemic

Get the financial support you need to help your business recover and grow following the pandemic, through this government-backed scheme.

You can apply up to 31 December 2021, subject to review.

What is a business loan?

A business loan is a straightforward way to finance your business. If a business opportunity presents itself, but you need substantial funding to take it up, we’re ready to help you explore if it’s right for your business.

Flexible borrowing for your business

Personalised quote - with no credit footprint

Borrow up to £100,000 online1

7.9% APR representative on loans of £1,000 - £25,000.
APR for loans above £25,000 provided on application.

When you bank with us and as we get to know your business, we’ll give you a provisional lending limit, which we’ll update daily.

We’ll tell you what your loan rate is before you apply – this won’t affect your credit score. Then you can apply in Online Banking or the Barclays app.

Types of business loan

Unsecured business loans – borrow up to £100,0001

Apply for an unsecured business loan if you need a quick and straightforward way to finance your business.

Choose your term

Fixed interest rates, so you’ll always know what you’ll be paying

Take a six-month repayment holiday at the start of your loan. Interest will continue to accrue and will be included in your repayments

If your loan is approved, you’ll usually have the money within 48 hours of signing the paperwork2, giving you the certainty and confidence to take your business to the next level. 

 

Secured business loans – if you want to borrow more

If you want to borrow more than your provisional lending limit, you’ll need to apply for a secured business loan by calling us.

Set your repayment terms, up to 20 years

Fixed or variable rates to choose from

Interest-only repayments available (subject to status and application)

If you have a Barclays business account, give us a call on your usual number or 0333 202 74313.

If you’re new to Barclays call us on 0800 515 4624. We’ll need to see certain documents and financial statements when you apply.

Business loan calculator

 Our business loan calculator gives you an indication of what an unsecured loan of up to £25,000 could cost. To get an instant quote, select the amount you wish to borrow and the term over which you’d like to repay your loan.

Fixed interest rates

No need to worry about sudden changes in interest rates. We'll give you a fixed rate for the life of the loan.

Flexible terms available

Spread repayments of your loan from one to ten years5.

Repayment holiday

Option to have a six-month repayment holiday at the beginning of your loan6 (subject to application).

Amount
Amount
£
Term in Months
Term
months
Monthly repayment

The same every month

Total amount payable

Loan required

Based on the details you entered

Representative example

  APR Representative
based on a loan of  
repayable over   months
at an interest rate of
  per annum (fixed) .
Monthly repayment of  .
Total amount payable  .

Representative APR applies to loans of

  • APR means annual percentage rate of charge. It is an illustrative rate that lets you make comparisons against other products. It reflects the annual cost of credit, taking into account the rate of interest and any fees charged for taking out the loan.
  • Representative Annual Percentage Rate (representative APR) means the highest rate we expect that at least 51% of customers to get, when entering into a loan agreement in response to an advert. It is based on our reasonable expectations of what customers are likely to receive, taking into account the APRs of past agreements

This calculator is just an indication of what your loan or overdraft could cost. You can get a business lending quote now, with no impact on your credit score – simply select the ‘See if you’re eligible’ button.

Frequently asked questions

Want to check your eligibility before you apply?

In many cases, we can let you know upfront whether you’re likely to get the business lending you want – with no impact on your credit rating. If you already have a business account with us, you can log in to see any business lending limits you have.

If you don’t bank with us, or can’t access Online Banking, you can check your eligibility before you apply.

Ready to apply or want to find out more?

If you’re ready to apply, we’ll just need some information about you and your business, such as

  1. Your trading accounts
  2. Your current business plan
  3. Details of profits and loss
  4. Details about how you’re planning to use the loan

We’ll try to give you a full decision within a few days but sometimes, we may need a little more information from you. If we do, we’ll get in touch.  

Our loans aren’t available for all industries and are subject to normal lending assessment, status and application. Terms and conditions apply.

I have a Barclays business account

Log in to Online Banking to see your provisional lending limit. If you don’t have access to Online Banking, give us a call on your usual number or 0333 202 74313. Lines are open Monday to Friday, 8am to 8pm.

I’m new to Barclays

Call us on 0800 515 4624 to see how we can help. Lines are open Monday to Friday, 9am to 5pm. We’ll need to see certain identification documents and financial statements when you apply. 

You may also be interested in

Business mortgages

Choose from our range of business mortgages, and get the right kind of support with our specialist industry knowledge9.

Borrow from £25,000

Buy new premises or release equity from your current buildings

Fixed and variable rates available 

Overdrafts for everyday cashflow

An arranged business overdraft lets you borrow cash if you’re facing a short-term cashflow issue10.

Borrow up to £50,000

One monthly fee for the overdraft

Interest is charged daily on the amount borrowed

Asset finance

Optimise your cashflow with bespoke asset finance – provided by our partner Propel11.

Spread the cost of your business assets over time

Budget with confidence

A source of funding to help you maintain liquidity without affecting your cashflow, working capital or other borrowing

All business borrowing

We can help you get off the ground or expand

Explore all of our business options

Higher loan1 and overdraft10 amounts might be available if you call 0333 202 74313

Insights to help you make better business decisions

SmartBusiness Dashboard

See your most important business and banking information, all in one place – free with the all-new SmartBusiness Dashboard.

Barclays Local Insights

See insights about your local community, a region – or all of the UK – that could help your business grow.

Other funding options

Compare our business borrowing with borrowing offered by other lenders12. You can find out more about the government’s Bank Referral Scheme [PDF, 1.4MB], including eligibility information.

Funding Options

Its award-winning technology searches the market to find the right funding for your business’ situation. It’s quick, easy to use, and their team’s on hand if you need help.

Alternative Business Funding

It offers a free and easy way to find different funding options, focusing on making things simple for business owners who don’t have much time on their hands.

Funding Xchange

It shows you competing offers from lenders, to make sure you see the best terms. You’ll see quotes from up to 45 lenders, in a simple format, so you can easily compare and choose the offer that’s best for your business.

Swoop

It shows you the broad range of funding options that are available to businesses across the UK and Ireland. After assessing your needs, it matches you with the right solution from over 1000 providers.