What can I use a business loan for?

Our secured business loans are designed to support the growth and success of small and medium-sized businesses across the UK’s regions. Whether you’re just starting out or looking to take your next step, our loans can be used for a wide range of business purposes as long as they’re secured against land or property.

We’re sector agnostic and lend for almost any business purpose. Here are some of the most common uses:

Starting a new venture

Setting up a new business
Launching a new product or service
Getting trading premises or equipment off the ground

Growing your existing business

Expanding operations or moving into new premises
Buying equipment or vehicles
Hiring staff or building stock levels

Diversifying your income streams

Adding a holiday let or leisure element to a farm
Converting agricultural buildings to commercial use
Developing new revenue-generating services

See how we support farm diversification
Loans for leisure and tourism businesses

Property-related business activity

Property development and refurbishment
Land acquisition for business use
Bridging a funding gap before a property sale or refinance

View loans for property developers

Restructuring or refinancing

Consolidating debt
Refinancing short-term or bridging finance
Restructuring company finances

What’s not allowed?

Our loans are for business purposes only and must be secured against land or property (excluding your home). We don’t offer unsecured loans or consumer finance.

Check if you’re eligible to borrow