Business loans on your terms
Take your business further with a LendingCrowd loan
Apply online in minutes
It takes just minutes to apply for a LendingCrowd loan – you’ll need at least two years’ accounts, the last three months’ bank statements for your business and its Companies House number.
Rapid business funding
If we approve your application, the loan funds can be in your account the same working day once we have all the information we need.
Repaying your loan
Our loans have terms from 6 to 60 months, with a fixed monthly repayment of capital and interest – and you can rest assured that the rate is fixed for the term of the loan.
Funding your ambitions
LendingCrowd launched in 2014 to fund the ambitions of businesses the length and breadth of Britain.
We provide business loans of between £75,000 and £500,000 to Britain’s vibrant and growing community of small and medium-sized enterprises (SMEs).
Our leading-edge financial technology (fintech) platform delivers fast and affordable funding with loan terms of between 6 and 60 months. Borrowers can make overpayments or repay their loan in full early, with no fees.
Is your business eligible?
Before applying, make sure you meet all four criteria.
Get a quote for your business loan
Questions about our business loans?
Everything you need to know about getting a business loan with LendingCrowd.
What documents will I need to apply for a LendingCrowd loan?
To complete your loan application, you’ll need to supply:
- Information about your business, how long it has been trading and the sector in which it operates
- Two years’ filed accounts (the last no later than 15 months old)
- Latest three months’ bank statements
- Details of current borrowing
- Purpose of funds – a simple description of what your business will use the loan for
How much can I borrow with LendingCrowd?
Your business can apply to borrow between £75,000 and £500,000. Loan terms range from six months to five years.
Subject to credit assessment, we can offer unsecured loans of up to £350,000 (including fees) supported by a personal guarantee.
For loans above £350,000, a charge or asset security will be required in addition to a personal guarantee.
What can I use my business loan for?
You could use your LendingCrowd loan for a wide variety of reasons, for example to purchase stock, manage cashflow, fit out new premises, funding a management buy-out or acquisition, or to refinance existing debt, making your outgoings more manageable.
Can I repay my loan early?
Yes, you can. LendingCrowd does not charge any fees for early repayment. You can also make overpayments of at least £5,000. LendingCrowd may request additional financial information to establish the source of funds used to make overpayments or early settlement of loans.
Do I need to be a homeowner?
For business loans we would take a personal guarantee, as is standard in business lending. For this you would need to be a homeowner.