Companies like Spotcap

Spotcap can help small and medium businesses grow with loans up to £350,000.

Using an algorithm to evaluate businesses’ credit worthiness, Spotcap has been able to offer unsecured business loans without personal guarantee to more than 1,000 businesses since its launch in 2014. It looks at past business performance more than future plans and credit score, and is able to give you a decision within one working day.

A number of other lenders can help SMEs secure similar financing online and we’ve put together a list of them here. Alternatively you can find information on the wide range of business financing options available to startups and small businesses.

NameEstablishedDescription
Spotcap Short Term Loan Spotcap 2014 Fixed rate unsecured loan
MarketFinance Small Business Loan MarketFinance 2010 Fixed rate unsecured peer-to-peer loan More info
iwoca Small Business Loan iwoca 2011 Variable rate unsecured loan Get quotes
Fleximize Unsecured Business Loan Fleximize 2010 Fixed rate unsecured loan Get quotes
Nucleus Cash Flow Finance Nucleus 2011 Fixed rate unsecured loan More info
Funding Circle Unsecured Business Loan Funding Circle 2010 Fixed rate unsecured peer-to-peer loan Get quotes
Esme Business Loan Esme 2016 Fixed rate unsecured loan More info

How can we help?

We’ve partnered with Funding Options to help UK businesses compare lenders and navigate the different borrowing options available.

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Invoice financing

Unlock the value in your invoices to move your business forwards. Compare invoice financing providers and discover how it could help your business.

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Asset financing

Borrow against equipment or property to accelerate growth. Compare asset financing providers and discover how it could help your business.

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Merchant cash advance

Get a lump sum upfront to repay in-line with volume of future sales. Compare a panel of lenders through our partner Funding Options.

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Line of credit

Borrow only as much as you need, when you need it and repay on terms that suit you. Compare a range of lenders.

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Business credit cards

Boost your spending power, track employee spending and enjoy perks and rewards with a business credit card.

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We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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