Small business loans of up to £150k

Flexible, unsecured small business loans for firms with turnover above £250k. Borrow up to £150k repayable over up to 15 months.

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Spotcap UK

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Get a decision in 24 hours

For any purpose

Flexible funding, tailored to your needs

Maximise ROI

Competitive rates and charges, with no hidden fees

Peace of mind

Regulated by the Financial Conduct Authority

How to get a small business loan from Spotcap

We bring a new approach to small business loans. You apply online, where you’re guided through a straightforward process. Our unique proprietary credit assessment algorithm allows us to make a swift, considered response.

Once your loan is approved, you are free to draw down as much or as little funding as your business requires. If circumstances change and you don’t need to borrow, there’s no cost to you. You can choose to repay early with no penalties.

Business funding for UK SMEs typically means loans from £10k to £150k, for firms that qualify. This is usually repayable over 7 to 15 months, on terms competitive with traditional lenders.

How to get a small business loan from Spotcap

We bring a new approach to small business loans. You apply online, where you’re guided through a straightforward process. Our unique proprietary credit assessment algorithm allows us to make a swift, considered response.

Once your loan is approved, you are free to draw down as much or as little funding as your business requires. If circumstances change and you don’t need to borrow, there’s no cost to you. You can choose to repay early with no penalties.

Business funding for UK SMEs typically means loans from £10k to £150k, for firms that qualify. This is usually repayable over 7 to 15 months, on terms competitive with traditional lenders.

Is a small business loan from Spotcap right for me?

Save yourself valuable time, avoid the hassle of giving security and minimise the cost of borrowing. Our unique risk assessment and credit scoring system look at your current business performance, meaning we can offer unsecured loans to firms that qualify.

Whether you’re embarking on a business expansion project, or looking to address a cash flow shortfall, a small business loan from Spotcap could be the best funding solution choice.

A loan with us could be the answer if:

  • You have a clear idea of the loan’s purpose.
  • Repayment terms of up to 15 months are appropriate.
  • You want the flexibility to repay early with no penalty. 

Of all forms of funding help for small businesses, the traditional business loan remains one of the most popular.

Grow your business today with a Spotcap loan

Because it’s your business, you decide what to use your funding for

  • Strengthen your workforce

    Do more with more people, or by investing in training to boost your team’s skills. A loan can provide the working capital needed to help unlock the potential in your business.

  • Fund a new vehicle

    Whether you’re growing your fleet or upgrading one or more vehicles, a Spotcap loan is a flexible alternative to traditional asset finance.

  • Stock up your shelves

    Be prepared for the coming season by carrying enough inventory to meet customer demand. Our finance can provide the cash advance that helps retailers to plan ahead.

  • Invest in a marketing campaign

    Drive sales with well-planned and executed promotional activity. A short-term business loan can help you fund a high quality advertising and PR campaign, both online and in print.

  • Pay that large tax bill

    Don’t let payment of a significant VAT or Corporation Tax bill give you a serious cash flow problem. A flexible Spotcap loan can help you keep going past those major payment deadlines.

  • Upgrade your business systems

    Take advantage of our finance solutions to boost your productivity. Investing in more efficient finance, telecoms or manufacturing systems can help drive profitability.

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Good to know

A Spotcap line of credit is more versatile than other business loans you may have experienced. It’s repayable early, with no additional costs. You can also increase the amount you borrow by submitting new information about your recent business performance.

Loan amount

Your business could benefit from a loan of between £10k and £150k.

Loan terms

Repayments are typically monthly, over 7-15 months. In addition, in the early months, you can choose how much of the loan to draw down.

Criteria to qualify

Spotcap small business loans are available to firms operating in the UK, with a minimum turnover of £250k, who have been operational for 24 months and have a UK bank account.

Interest rates

The interest rate on your small business loan will reflect market conditions and your recent business performance. Use our business loan calculator to estimate the interest rate and monthly repayments.

Small business loan repayment calculator

  • Amount
    £ 100,000
  • Time
    12 months

£9,340

Monthly Repayment

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For illustrative purposes only. The example shown above is based on 1.5% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is , which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

£13,752

  • Amount
    £ 150,000
  • Time
    12 months
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For illustrative purposes only. The example shown above is based on 1.5% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is , which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for your small business loan

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Sign up

Applying for a business loan starts with entering basic personal and business information.

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Complete the application

Link your accounting software or upload financial statements, along with bank statements, to complete the loan application.

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Get approval

Once approved, you’ll have access to your business loan within one working day.

Apply now