Get £3,000 – £100,000 without risking business assets.
Unsecured business lending designed for UK SMEs:
No collateral needed
Same-day funding
No hidden fees
Quick online application
SimplyFunded offers unsecured business loans for UK SMEs. No property or equipment required as security. Apply online and get a decision within hours.
Apply in 60 SecondsAn unsecured business loan is a form of financing that does not require you to put up assets as security. Unlike a secured loan where your property, equipment, or vehicles act as collateral, unsecured business lending is based on the strength of your business itself, including revenue, cash flow, and trading history.
This makes unsecured loans particularly attractive for businesses that do not own property or expensive equipment, or for directors who prefer not to risk company assets. If you cannot pay, the lender cannot automatically seize your assets, although a personal guarantee means you are personally responsible for the debt.
Business unsecured loans UK are regulated by the FCA and offered by a range of lenders including direct lenders like SimplyFunded. They typically have fixed repayment terms, clear interest rates, and no hidden fees.
The application process is fully online and straightforward. You provide your company details, connect your business bank account for verification, and we assess your application based on your business performance. There is no need to value assets or arrange security.
Fill in your company and director details. Takes less than 60 seconds.
Securely connect your business account via open banking for verification.
Most applicants hear back within hours with a clear loan offer.
Funds transferred to your business account, often the same day.
Compare unsecured and secured options on our secured business loans page.
An unsecured business loan is a type of finance that does not require you to pledge assets such as property, equipment, or vehicles as collateral. Instead, lenders assess your business performance, revenue, and cash flow to determine eligibility. SimplyFunded specialises in unsecured business loans for UK SMEs, typically backed by a personal guarantee rather than physical assets.
No collateral needed. No hidden fees. Decision within hours.
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