Business Loans Newcastle – Financing for SMEs & Startups

Borrow up to £500,000 and a repayment plan from 12 – 36 months.

Access the finance you need for your business.

Everything You Need To Know:

What is Newcastle like for SMEs and startups?

Is Newcastle a good place for businesses?

What business loan is right for my business?

Can I apply for a business loan in Newcastle?

Applying for a business loan with SME Loans

How can I get a business loan in Newcastle?


Is Newcastle a good place for businesses?

Newcastle is the business hub of the North East of England. Newcastle and the North East

is currently home to over 52,000 private companies who have helped generate over £40

billion to the UK economy.

Is Newcastle a good place for startup businesses?

As part of the North East Local Entreprise’s economic strategy, Newcastle plans to help generate 25,000 new businesses. This focus on growth and the development of a healthy business community within the North East, offers an excellent opportunity for start up companies to make an impact.


Can I apply for a business loan in Newcastle?

Newcastle is the business hub of the North East of England. Newcastle and the North East is currently home to over 52,000 private companies who have helped generate over £40 billion to the UK economy.

What type of finance should I apply for if I have a business in Newcastle?

There is no definitive answer to what type of finance a business should or shouldn’t apply for. What works for one business, may not work for another. In many cases it is down to the individual circumstance of the business owner, so only apply for a loan that suits your needs.

If you’re struggling to decide what kind of loan is right for you, we’ve laid out some of the most common types of business finance that business owners apply for:

Small business loans

If you own a small business, then you may want to consider a small business loan. These loans are usually borrowed to help small businesses operate day-to-day. In many cases it’s to help with cash flow, training staff, purchasing stock, helping with rent, and other general expenses. In some cases, it is used to help a business expand from a small business to a medium sized business.


Business loans

Business loans are able to help established businesses that are seeking financial business support. Typically, these loans are unsecured which removes the risk of a business losing valuable assets or commercial property if there is a default payment. With this form of finance you will be able to borrow up to £500,000 in business finance.


Startup Business Loans

For entrepreneurs that are seeking finance to access funding to get their business up and running, then they may want to consider a startup business loan. These loans are useful for entrepreneurs with a business plan who are in the first few months of trading. In many cases these loans are used to purchase equipment that may increase productivity or to help rent commercial property in which they can work from.


How can I get a business loan in Newcastle?

You can get a business loan in Newcastle by applying via our online application. The online application will need your personal details, business details, and contact details. The application itself is completely online and very quick and easy to complete.

Eligibility Requirements

The following criteria must be met to qualify for business funding.

  • The owner of the business must be over-18.
  • The business must be registered in the UK.
  • Your business must have been actively trading for at least 6-months.
  • The business must produce a minimum monthly turnover of £5,000.


How to apply for a business loan in Newcastle.

1. Complete the Application

Accurately complete the online form. Ensure that all details that you have entered are accurate and mistake-free, otherwise this could affect your application. Once the application is completed, please submit it.


2. Our Broker will Contact you:

Next, one of our broker’s will be in contact with you to discuss the loans that are currently available to your business. Our brokers are happy to answer any questions you have about the loans that are being offered, so do not be afraid to ask about any queries you might have.


3. Sign the contract & receive the money:

If you are happy with the loan that is offered to you, then you can sign and agree to the terms and conditions of the contract. Once the loan agreement is returned to the lender, you will receive the money into your preferred business bank account, within as little as 24 hours.

Latest News

Online Business Banking | The best online business accounts

In this article we look at the benefits of online banking. We also compare some of the best online business accounts currently on the market in the UK.

Meet The Founders Of Cucumber Clothing #WomenInSMEs

We find out more about luxe nightwear and leisurewear brand Cucumber Clothing from co-founder Nancy Zeffman. 100% British made, produced from wicken fabrics.

How to start a business | SME Loans

Our step-by-step guide is designed to help entrepreneurs set up their own startup business. It includes a downloadable PDF to guide you through the process.

Apply Now
Call Now
Apply Now