# SimplyFunded - Fast Business Loans for UK SMEs

> SimplyFunded provides short term business loans from GBP 5,000.00 to GBP 500,000.00 for UK SMEs. A direct lender offering unsecured business loans, cash flow loans, and working capital loans with decisions in hours and funding within 24 hours. SimplyFunded is a trading name of Morley Capital Limited (Company No: 14566089), ICO Registration: ZB499041.

## Core Pages

- [Home](https://www.simplyfunded.co.uk/): Short term business loans UK from GBP 5,000.00 to GBP 500,000.00. Fast SME funding with decisions in hours.
- [Business Loans](https://www.simplyfunded.co.uk/business-loans): Main pillar page covering all business loan options, fast business finance, and instant business loans.
- [Business Capital Loans](https://www.simplyfunded.co.uk/business-capital-loans): Business capital loans for UK SMEs needing cash flow, stock, HMRC, supplier, payroll, or growth funding.
- [Quick Business Funding](https://www.simplyfunded.co.uk/quick-business-funding): Quick business funding UK for SMEs needing cash flow, stock, payroll, HMRC, supplier payments, or growth finance.
- [Small Business Loans](https://www.simplyfunded.co.uk/small-business-loans): Small business loans for UK SMEs needing working capital, stock, payroll, tax, or growth finance.
- [Business Loan UK](https://www.simplyfunded.co.uk/business-loan-uk): Business loan UK page for UK companies comparing fast, unsecured SME funding options.
- [Quick Business Loans for Tech Startups UK](https://www.simplyfunded.co.uk/quick-business-loans-tech-startups-uk): Comparison guide for UK tech startups reviewing quick funding options including Start Up Loans, short-term business loans, revenue-based finance, invoice finance, asset finance, grants, angel investment, venture capital, and venture debt. SimplyFunded may fit trading tech startups with 6+ months history and GBP 5,000.00+ monthly revenue.
- [Fast Business Loans](https://www.simplyfunded.co.uk/fast-business-loans): Fast business loans UK with same-day funding and instant approval decisions.
- [Bad Credit Business Loans](https://www.simplyfunded.co.uk/business-loans-bad-credit): Bad credit business loans UK. Poor credit considered. No minimum credit score required.
- [Short Term Business Loans](https://www.simplyfunded.co.uk/short-term-business-loans): Short term business loans UK with flexible 12-26 week repayment terms.
- [Unsecured Business Loans](https://www.simplyfunded.co.uk/unsecured-business-loans): Unsecured business loans UK with no collateral required. Up to GBP 500,000.00.
- [Working Capital Loans](https://www.simplyfunded.co.uk/working-capital-loans): Working capital loans for small business. Cash flow funding for day-to-day expenses.
- [Asset Finance](https://www.simplyfunded.co.uk/asset-finance): Asset finance for business equipment, vehicles, and machinery.
- [Franchise Loans](https://www.simplyfunded.co.uk/franchise-loans): Franchise loans UK for purchasing or expanding franchise businesses.
- [Business Acquisition Loans](https://www.simplyfunded.co.uk/business-acquisition-loans): Business acquisition loans for buying an existing business.
- [Products](https://www.simplyfunded.co.uk/products): Business loan products including unsecured loans and asset finance.
- [About](https://www.simplyfunded.co.uk/about): About SimplyFunded as one of the leading SME lenders UK.
- [Apply](https://www.simplyfunded.co.uk/apply): Apply for fast business loans UK. Online form with company lookup via Companies House.
- [FAQ](https://www.simplyfunded.co.uk/faq): Frequently asked questions about business loans, self employed loans, and fast business funding.
- [Contact](https://www.simplyfunded.co.uk/contact): Contact page with phone, email, address, and contact form.
- [Blogs](https://www.simplyfunded.co.uk/blogs/): Blogs page for SimplyFunded business loans tips, news, and insights.
- [Privacy Policy](https://www.simplyfunded.co.uk/privacy-policy): Privacy policy for SimplyFunded.
- [Terms](https://www.simplyfunded.co.uk/terms-of-use): Terms of use for SimplyFunded.

## Location Pages

- [Business Loans Sunderland](https://www.simplyfunded.co.uk/business-loans-sunderland): Business loans in Sunderland for manufacturing, logistics, and service businesses.
- [Business Loans Houghton-le-Spring](https://www.simplyfunded.co.uk/business-loans-houghton-le-spring): Business loans in Houghton-le-Spring for retail, construction, and trade businesses.
- [Business Loans Washington](https://www.simplyfunded.co.uk/business-loans-washington): Business loans in Washington for retail, logistics, and professional services.
- [Business Loans Seaham](https://www.simplyfunded.co.uk/business-loans-seaham): Business loans in Seaham for hospitality, retail, and coastal businesses.
- [Business Loans Peterlee](https://www.simplyfunded.co.uk/business-loans-peterlee): Business loans in Peterlee for manufacturing, industrial, and service businesses.
- [Business Loans Chester-le-Street](https://www.simplyfunded.co.uk/business-loans-chester-le-street): Business loans in Chester-le-Street for professional services and independent traders.
- [Business Loans Newcastle upon Tyne](https://www.simplyfunded.co.uk/business-loans-newcastle): Business loans in Newcastle upon Tyne for professional services, digital, and hospitality businesses.
- [Business Loans Durham](https://www.simplyfunded.co.uk/business-loans-durham): Business loans in Durham for tourism, hospitality, and technology businesses.
- [Business Loans Hartlepool](https://www.simplyfunded.co.uk/business-loans-hartlepool): Business loans in Hartlepool for engineering, manufacturing, and port-related businesses.
- [Business Loans Middlesbrough](https://www.simplyfunded.co.uk/business-loans-middlesbrough): Business loans in Middlesbrough for chemical, digital, and logistics businesses.
- [Business Loans Northumberland](https://www.simplyfunded.co.uk/business-loans-northumberland): Business loans across Northumberland for tourism, agriculture, and rural businesses.

## Key Loan Details

- **Loan Amount:** GBP 5,000.00 - GBP 500,000.00
- **Loan Term:** 26 week fixed term (short term)
- **Approval Time:** Decisions in hours
- **Funding Time:** Within 24 hours of approval
- **Application Time:** 60 seconds
- **Type:** Unsecured business loans (no property required)
- **Repayment:** Fixed-term, fixed repayment plan, no hidden fees

## Eligibility Criteria

- Minimum 6 months trading history
- Minimum 25% business ownership
- Minimum GBP 5,000.00 monthly revenue
- UK limited company
- Must be at least 18 years old
- Checking eligibility does not affect your credit score

## What the Loans Can Be Used For

- Working Capital
- HMRC Payments
- Rent & Business Rates
- Wages & Salaries
- Stock Purchases
- Refurbishment & Upgrades
- New Contracts
- Business Expansion
- Plant & Machinery
- Marketing & Advertising
- Unexpected Bills
- Cashflow Buffer

## Core Advantages

1. **No Hidden Fees** - 100% transparent funding with clear costs and fixed pricing
2. **Customisable Terms** - Loan durations that match your cashflow
3. **Dedicated SME Support** - UK-based team
4. **Personalised Funding Solutions** - Assessed based on your business, revenue, and goals
5. **Low-Barrier Approval** - No property required, businesses with mixed credit backgrounds considered
6. **Easy Top-Up** - Extra cash when needed with quick approval

## How It Works

1. **Apply Online** - Fill out a 60-second application with basic company details
2. **Quick Assessment** - Underwriting team reviews based on business performance, not just credit history
3. **Get Funded Within 24 Hours** - Money sent directly to your business account

## Business Health Check & Growth Services

Beyond funding, SimplyFunded offers free SME business health checks including:
- Free analysis to identify growth opportunities
- Cost optimisation strategies
- Cashflow management tools and guidance

## Q&A

### How fast can SimplyFunded approve the loan?
If you are 6 months in trading with 5K monthly income. Within hour your application could be approved.

### Can I get a business loan if I am self employed?
Yes. SimplyFunded offers loans for self employed UK business owners. If you are a limited company director or sole trader generating GBP 5,000.00+ monthly revenue with at least 6 months of trading history, you are likely eligible. Loans are designed for contractors, freelancers, consultants, and small business owners. Applications are assessed based on bank statements and business performance rather than just credit score.

### How do I get a business loan?
Getting a business loan with SimplyFunded is quick and straightforward. Complete the simple online application at https://www.simplyfunded.co.uk/apply, connect your business bank for affordability checks, and receive a decision within hours. Once approved, funds can be transferred the same day.

### How do business loans work?
A business loan provides your company with a lump sum that you repay over a set period. SimplyFunded offers short-term fixed-term loans with predictable and transparent repayments. They assess your business based on turnover and cashflow, not credit score alone.

### How do I apply for a business loan?
Applying is fully online. You need: basic company details, director information, and bank connection for affordability. The team reviews your profile and, if approved, sends your loan offer. Funds are typically released within 24 hours.

### What if my business has limited credit history?
SimplyFunded evaluates your business overall performance, monthly revenue, cashflow, and activity, not just your credit score. If your business earns GBP 5,000.00+ per month, they may still be able to help. Personal guarantees are accepted to support applications with limited credit history.

### How much business loan can I get?
Most SMEs can access funding of up to one month's turnover, typically ranging from GBP 5,000.00 to GBP 500,000.00. The final offer depends on your monthly revenue, existing finance or loan commitments, and overall business stability and affordability.

### How fast can I get a business loan?
SimplyFunded offers business loan instant approval and funding within 24 hours. The online application takes 60 seconds. Many applicants receive a decision within hours. Once approved, funds are transferred directly to your business account the same day.

### What is a business loan?
A business loan is a form of financing designed to support your company expenses, growth, or cashflow needs. SimplyFunded provides straightforward, fixed-term loans with clear repayment plans, no hidden fees, no confusing structures.

### How do I get a loan to start a business?
SimplyFunded primarily funds established businesses with a trading history and regular revenue. If you are a startup with no revenue yet, alternatives include UK startup loans, government grants, or investors. If you are already generating revenue, SimplyFunded may be able to help fund your next phase of growth.

### How easy is it to get a business loan?
Very easy if your business meets the basic criteria: at least 6 months trading, GBP 5,000.00+ monthly turnover, and UK limited company status. Applications take less than a minute, and many clients receive funding within 24 hours.

### How do I get a business loan from a bank?
Banks often require extensive paperwork, strong credit history, collateral, and have long approval timelines. SimplyFunded offers a much faster alternative - apply online, connect your bank, and receive a decision within hours, no long forms, no waiting weeks.

### What is an unsecured business loan?
An unsecured business loan does not require you to pledge assets such as property or machinery. SimplyFunded specialises in unsecured business loans, typically backed by a personal guarantee, allowing you to access funding without risking business assets.

### Will applying for a loan affect my credit score?
No. Checking eligibility and applying with SimplyFunded will not affect your credit score.

### What is the typical borrowing range?
The typical borrowing range is GBP 5,000.00 to GBP 500,000.00 over a 26 week fixed term.

### Who can be funded by SimplyFunded?
SimplyFunded primarily funds trading UK businesses, including small and medium enterprises (SMEs), growing businesses, limited companies, sole traders, and revenue-generating startups. Startups and new businesses are generally a better fit when they have at least 6 months trading history and GBP 5,000.00+ monthly revenue. Pre-revenue startups should compare Start Up Loans, grants, angel investment, venture capital, accelerators, or other founder-focused funding.

### What is the company behind SimplyFunded?
SimplyFunded is a trading name of Morley Capital Limited, registered in England & Wales (Company No: 14566089). ICO Registration: ZB499041. They are a direct funder.

### How can I contact SimplyFunded?
By phone at 01642 057 445, by email at enquiries@simplyfunded.co.uk (general) or applications@simplyfunded.co.uk (applications), or by post to E.Volve Business Centre, Cygnet Way, Houghton le Spring, DH4 5QY, UK.

## Optional

- [Trustpilot Reviews](https://uk.trustpilot.com/review/simplyfunded.co.uk)
- [Companies House](https://find-and-update.company-information.service.gov.uk/company/14566089): Morley Capital Limited (Company No: 14566089)