| Products | |
|---|---|
| Asset finance | Buy new and used machinery, vehicles or equipment for your business |
| Recovery Loan Scheme | Government backed loans to help businesses affected by the pandemic |
| Secured business loans | A loan secured against assets that your business owns, often used for working capital |
| Business mortgage | A long-term loan to buy a property - a factory, premises or a development opportunity |
| Unsecured loans | Borrow money without putting up any personal or business assets as security. |
| What brings you back to us today? | |
|---|---|
| Log-in to client portal | |
| Track the status of an existing application | |
| Submit a document | |
| Send a document to support an application | |
| Download our mobile app | |
| Get your free business credit score and manage your lending applications | |
| Talk to customer services | 0203 880 9880 |
We’ll help you find the right business finance!
Our lending managers will help you:
- Choose the right finance products
- Compare 100s of lenders to find the best rates
- Manage your application and keep you informed
Minimum £1000 requirement
Think Business Loans is part of
Established for 13 years with over 250,000 business helped
We’ll help you find the right finance!
Our lending managers will help you:
- Choose the right type of finance for your business
- Compare hundreds of lenders to find our best rates
- Manage your application online and via our app
Minimum £1000 requirement
Think Business Loans is part of
Established for 13 years with over 250,000 business helped
We work with and compare high street banks, challenger banks and alternative lenders
We'll help you find the right finance with the perfect lender for your business
Government-backed RLS loans are no longer available.
Speak to our team to find alternative business funding to help you manage cashflow, investment and growth.
Asset finance
Buy new and used machinery, vehicles or equipment for your business
Asset finance allows you to spread the cost of business assets, such as equipment, machinery and vehicles. It offers a flexible way of borrowing as you can also access cash from the value of assets you already own.
Business mortgage
A long-term loan to buy business property, a factory, or a development opportunity
Similar to a residential mortgage, a business mortgage is a long-term secured loan that is used to invest in a business property. Funding is usually available for 70-75% of a property’s value with repayment terms of up to 25 years.
Secured business loans
A loan secured against assets that your business owns, often used for working capital
Secured business loans are available to businesses that own assets like commercial property, vehicles and machinery. The amount you can borrow is based on the value of the asset(s) you have available and your current circumstances.
Unsecured business loan
A business loan that doesn't require any security, typically used for cashflow or buying stock
Unsecured business loans are available for all types and size of business and offer access to funds without the need to put up any assets, equipment, or property as security. Acceptance and terms based upon your business credit score.
Not sure yet? Need something different?
The Think Business Loans team can help.
How does Think Business Loans comparison work?
You tell us about your business
Every business is unique, so we first need some basic info on your business so we can find finance to fit your needs and circumstances. Our cutting-edge iFunds technology will match your business against the suitable loans and lenders.
We compare loans and lenders
We put your application to tender with our panel of lenders to find the most suitable solution. An account manager will then talk you through your options and you can track the progress of your application via our smartphone app.
We’ll manage your application
Once you’ve chosen the loan you want, we’ll handle all correspondence and information requests. Your account manager will be on hand to answer questions, give you regular updates and make sure you get your funds as soon as possible.
If you take out a loan, we may receive a commission from the lender, which is included in the rates we quote.
Helping UK businesses realise their potential since 2015
+ £450 million funded to UK businesses
+ 5,000 businesses helped
100’s of trusted UK lenders
Don’t just take our word for it, here’s what our customers say:
Trustpilot
How to apply for business finance with Think Business Loans
Apply for business finance in three simple steps with Think:
You tell us about your business
- Every business is unique, so we first need some basic info on your business so we can find finance to fit your needs and circumstances. Our cutting-edge iFunds technology will match your business against the suitable loans and lenders.
We compare loans and lenders
- We put your application to tender with our panel of lenders to find the most suitable solution. An account manager will then talk you through your options and you can track the progress of your application via our smartphone app.
We’ll take care of the rest
– Once you’ve chosen the loan you want, we’ll handle all correspondence and information requests. Your account manager will be on hand to answer questions, give you regular updates and make sure you get your funds as soon as possible.
Why use a business finance broker?
We compare from a panel of trusted lenders, all of which offer a range of financial solutions designed to fit the needs and circumstances of different businesses.
The trouble is, comparing business loans from this many lenders, while weighing up the pros and cons of each, could take you days (about five of them, by our estimations). And then there’s your credit score to consider, as making a number of applications in a short space of time can damage your score. And a low credit score can limit the options available to you or even see you turned down by certain lenders.
So why not leave all the legwork to the team at Think? We're armed with the cutting-edge tech and human know-how needed to help you find the right finance in a fraction of the time. And we can check your eligibility without any record of a search being left on your credit file.
We take the time, hassle and risk out of sourcing funding from lenders, so you can get on with running your business.
How much can I borrow?
The amount you can borrow depends upon a few things, including the affordability of the loan and the current credit status of your business. Speak to a member of our team and we’ll run through some information with you and help you get the funds you need.
What business loan rates do you offer?
The rates offered to your business will depend on things like your credit score, the amount you want to borrow, the type of business loan you take out, and the lender you choose. Speak to a member of our team and we’ll help you find the best possible rates from our panel of lenders.
How long does the process take?
This all depends on how quickly you can get your supporting documents across to us, as all lenders will need to see evidence of your finances before deciding whether to lend. As soon as we get the information we need, we can offer initial quotes and discuss budgets. All loans are subject to credit status and affordability. We aim to get you your funds within 24 to 36 hours, but please be aware this depends upon the lender, the amount you want to borrow, and the type of loan you take out.
What information do I need to apply for business finance?
To start a business finance comparison with Think, we just need some basic information to begin with. As your application proceeds, we’ll need some more details, such as why you want to take out the loan and how it would help the business. We might also ask for bank statements to assess affordability.
An account manager will guide you through the whole the process, so there’s no need to worry if you are unsure about what to expect. There’ll be no surprises when you compare business finance with Think.
What is a soft credit check?
A soft credit check is a way for lenders and brokers to check your credit history without leaving a record on your credit file. This type of search is usually done to give you an initial decision on a finance application. If you go ahead with the application, most lenders will then carry out a hard credit check, which will appear on your credit file.
What is a hard credit check?
A hard credit check, also known as a full credit search, is used by lenders to see detailed information on your credit file before deciding whether lend to you. This type of credit check is recorded on your credit file, regardless of the success of your application. Having too many hard credit checks on your report in a short space of time can negatively affect your credit score, which can affect the types of finance you’re eligible for and could even see some lenders turn you down for finance.
Why do you need to do a credit check on business directors?
Most lenders will need to check the credibility of potential borrowers, but we can always ask the lenders to perform a soft check which will not affect credit – please ensure you specify. If you want to continue with the application, your lender will run a hard credit search before making a decision. Having too many hard credit checks on your report in a short space of time can negatively affect your credit score. This is why it’s important to make sure you choose a loan and lender that suits your needs and circumstances.
Does comparing business finance affect my credit score?
When you apply for business finance with Think Business Loans, we’ll run a soft credit check to give you an idea of your eligibility. This is not a guarantee that your application will be accepted, but will give you an idea of whether you should continue. This soft search won’t affect your credit score. If you carry on to the full application, your potential lender will run a hard credit check that will be recorded on your credit file and could affect your credit score.
You can check your credit score for free by downloading our app here. Checking your score on our app won’t affect it in any way.
Can you help me get business finance for bad credit?
Absolutely. We understand that not everyone has a perfect credit history and that things can happen beyond your control. If you have any concerns about bad credit, let our team know and we’ll compare loans and lenders best suited to your circumstances.
How can I check my business credit score and why is it important?
Simply download the Think Business Loans app and you can check your credit score for free, without affecting your credit history in any way. It is important to remember that anyone can credit check your company and see its public credit rating, which is why it is within your best interests to know and understand what is in your business credit report.
Can I repay my business loan early?
Early repayment terms differ between loan types and lenders. While some will have a fixed monthly repayment schedule, others can be more flexible. Bear in mind that if you want to repay a loan early, you’ll need to get a settlement figure. This will be the amount you owe, plus a certain amount of interest. Some lenders may also charge an early settlement fee. If this is a concern, please tell your lending manager and they will be able to help.
How do I know what type of loan is best for me?
Our team of lending managers are on hand to help discuss your requirements and help you work out the best type of loan from our panel of lenders.
Am I committed to using you if I ask you for a quote?
We provide quotes for business finance with no obligation, so you’re not committed to using us. If we have given you quotes but you no longer want to use our services, please do let us know as soon as possible as we can put our energy into finding finance to help other businesses grow.
We’ve helped 5,000+ UK businesses reach their potential with over £450 million funded
Think Business Loans is part of
Established for 13 years with over 250,000 business helped
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