Business Debt Consolidation Loans
Fast, affordable business loans to help you consolidate and restructure existing debt, with flexible terms and no early repayment charges.
Struggling to keep on top of your business debt?
Hard to manage
When you have multiple existing debts, keeping on top of repayments can be complex and costly for your business.
Slow lending decisions
Many lenders take too long to assess applications, leaving businesses waiting when they need support fast.
Inflexible loan terms
Rigid repayment structures and early repayment charges can make refinancing feel like more trouble than it's worth.
How funding can help
The right funding solution can provide access to working capital when you need it most, helping your business continue operating.
Find the right option for debt restructuring loans
Whether you're looking to spread repayments over a short period or need a longer-term solution, we have a loan to suit your business.
Restructuring debt for a youth support specialist
Is your business eligible?
Before applying, make sure you meet all four criteria.
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.
View other use cases
It’s time to think outside the bank
Apply for your loan today or speak to one of our funding specialists.