Business Loans Nottingham – Finance 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 Nottingham like for SMEs?

Is Nottingham a good place for business?

What is Nottingham like for SMEs?

Is Nottingham a good place for business?

Learn how to apply for business finance.

How can I get a business loan in Nottingham?


Is Nottingham a good place for business?

Nottingham has the biggest economy in the East Midlands. As of 2018, there were 10,580 registered enterprises within Nottingham. The city itself is currently in a period of regeneration to help accelerate growth in the city. The city itself is vibrant and offers a lot of opportunities, and is home to big corporate names such as Boots, Pedigree, and Experian.

Is Nottingham a good place for startup businesses?

The business birth rate in Nottingham was at 14.9% which was higher than the average in England, according to the most recent figures. This makes Nottingham an excellent place to start a business. Furthermore, as part of Nottingham City Council’s growth plan, the city aims to facilitate the growth of startups within the area, especially within the technology industry.

What is Nottingham like for SMEs?

Is Nottingham a good place for business?

Yes, as we are an online credit broker we are able to provide business finance to companies across the UK. The lenders that we work with are determined to help businesses reach their potential and are all regulated and authorised by the Financial Conduct Authority (FCA).

What form of finance should I apply for in Nottingham?

Every business is individual, so there is not a ‘right’ type of finance that a business owner should apply for. The loan you should apply for is a loan that fits your business needs and does not endanger your company. Some of the most common types of business finance include:


Unsecured business loans

An unsecured business loan is a form of business financing that does not require any collateral if repayment is defaulted. Therefore, your property and valuable assets are not at risk. With a business loan, you can borrow up to £500,000 and tailor your repayment plan between 12 – 36 months.


Small business loans

Small business loans are to help small businesses in Nottingham receive the business support they need. These loans can be used in a variety of circumstances, such as to help with cash flow and training staff. It can also be used for expansion, such as to help a business start trading online.


Financing for startups

A start up loan allows new businesses to access the funding they need to help develop their business. In some cases it is necessary for startups to receive funding so that they can work properly, especially when specialised machinery is required. Many startup businesses often start trading from their own home, so in many cases startup financing is used to purchase property or lease an office if the company decides to scale up.

Learn how to apply for business finance.

How can I get a business loan in Nottingham?

If you are searching for business finance in Nottingham, you can apply online at SME Loans. The application process is all online. The application will ask for basic details about your business and the business owner, in addition to how much you want to borrow. You will also need to provide your contact details so that we can get in touch with you.

Eligibility Requirements

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

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


How to apply for a business loan in Nottingham.

Stage One:

Complete and submit the online application. The information that you provide needs to be accurate, otherwise it could affect the quality of your loan. Therefore, you will need to answer every question that the form asks.


Stage Two:

Once the application is submitted, we will contact you to talk about the financing available to you and your business. It is important that you ask any questions that you may have, as we’re more than happy to help if you have any doubts or queries.


Stage Three:

If you are happy with the loan option that is available for your business, the next step is to sign and agree to the terms and conditions of the loan. When the loan agreement is returned to the lender, the money will be transferred into your account within 24 hours.

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