When you are looking for a business loan it can be hard to search the market to find the right deal with so many providers and so many different types of loans available, this is why business loan brokers are popular.
A business loan broker will help you to assess which type of business loan is right for you and will search the market for the right lender for your needs at the most competitive rate. Below we have explored what some of the leading business loan brokers can offer.
Companies are ranked in no particular order.
| Company | Year founded | HQ location |
|---|---|---|
| Nest Buisness Loans | 2015 | Ingatestone, Essex |
| Swoop | 2018 | London |
| Loans Warehouse | 2006 | Watford |
| Funding Options | 2011 | London |
| Funding XChange | 2014 | London |
| Think Business Loans | 2012 | London |
| Genie Lending | 2013 | Dorset |
| Hilton-Baird | 1997 | Southampton |
| Ringrose Business Finance | 2016 | Birmingham |
| Choice | 2002 | Amersham, Buckinghamshire |
| Business Finance Brokers | 2008 | Hinkley, Leicestershire |
| Capalona | 2014 | Mold, Chester |
| Elite Business Funding | 2018 | Chelmsford, Essex |
| Revolution Finance Brokers | 2018 | Brentwood, Essex |
| Funding Bay | 2017 | London |
| Commercial Finance Network | Not stated | High Wycombe, Buckinghamshire |
1. Nest Business Loans
- Match with 200+ lenders
- Loans from £10,000 to £5m
- Unique approach for a high acceptance rate
- Expert assistance throughout the process
- Funds available within 24 hours
- It takes just 60 seconds to apply
- No obligation to take out a loan
- Offer a range of loans from unsecured business loans to invoice and asset finance
- Fully FCA authorised
- Rated 4.7 out of 5 on Trustpilot
2. Swoop
- Offers a wide range of loans and lending options
- An expert team will assist you in finding the right loan and lender
- Business loans
- Invoice finance and asset finance
- Supplier and order finance
- Unsecured lending
- Working capital loans
- Provides a business loan calculator
- Rated highly on Trustpilot
- You can register your interest on their website
Website: Swoop Business Loans
3. Loans Warehouse
- Offers a business loan solution
- Experienced advisors will understand your needs
- Access a panel of lenders to find the best deals
- Borrow from £5,000 to £1 million
- Terms from 6 months to 10 years
- No early repayment fees
- Offers personalised quotes
- Highly rated on Trustpilot
- Request a quote online
- Contact them on 01923 678870
Website: Loans Warehouse Business Loans
4. Funding Options
- Offers a range of business loan options
- Has a panel of over 120 lenders
- Their expert team will seek out the right loan provider for you
- They will support you throughout the application process
- Loan facilities from £1,000 to £15 million
- Business loans
- Invoice finance and asset finance
- Working capital loans
- Highly rated on Trustpilot
- Enquire online or call them on 0333 344 1015
Website: Funding Options Business Loans
5. Funding XChange
- Offers a business loan platform
- Makes it easy to compare lenders
- Access over 70 lenders
- Offers a quick and simple process
- Quotations that won’t impact your credit score
- Quotes can be generated in minutes
- Claims to provide transparent and fair service
- Loans including secured and unsecured
- Also offers invoice finance and merchant funding
- Get a quote online or call them on 0203 695 9206
Website: Funding Xchange Business Loans
6. Think Business Loans
- Offers a variety of business finance products
- Support finding the right type of business finance
- Compare hundreds of lenders to find the best rates
- App and online application management
- Secured business loans
- Recovery loan scheme
- Asset finance
- Supported over 5,000 businesses with over £450 million of funding
- Rated highly on Trustpilot
- Contact them on 0203 880 9880
Website: Think Business Loans Business Loans
7. Genie Lending
- Offers a variety of business loans
- Works with clients across the UK
- Their experienced team will find you the best loans
- Unsecured business loans
- Asset finance
- Invoice finance
- Merchant cash advance
- Alternative finance such as peer-to-peer funding and crowdfunding
- Reviews are positive on Review Centre
- Enquire online or call 01202 868843
Website: Genie Lending Business Loans
8. Hilton-Baird
- Provides a range of business finance options
- Independent provider who offers specialist products
- Search the market for the best products
- Assist you in selecting the most appropriate funding
- Business loans
- Asset finance
- Invoice finance
- Trade finance
- Asset-based lending
- Contact 0800 977 4833 or enquire online
Website: Hilton-Baird Business Loans
9. Ringrose Business Finance
- Offers a range of business loans
- Access over 100 lenders
- Experienced broker to negotiate best loans
- Loans from £25,000 to £10 million
- Business loans
- Invoice finance
- Construction finance
- Property development finance
- Zero broker fees
- Call them on 0800 612 5364
Website: Ringrose Business Finance Business Loans
10. Choice
- Provides a range of business finance products
- Seeks out the best loans in the market
- Help to choose the right finance for your business
- Support throughout the application process
- Unsecured loans
- Asset finance
- Invoice finance
- Merchant cash advance
- Development finance
- Enquire online or call 01494 410125
Website: Choice Business Loans
11. Business Finance Brokers
- Offers tailored business finance solutions
- Searches the UK’s top financial providers
- An experienced broker that will ensure you receive a suitable finance package
- Offers specialist finance for specific sectors
- Business loans
- Finance lease
- Hire purchase
- Contract hire
- Provides no obligation quote
- Contact them on 01455 635677
Website: Business Finance Brokers Business Loans
12. Capalona
- Provides a range of business finance products
- Experts will search for the right loan product and deal for you
- Manage the loan process from start to completion
- Business loans
- Unsecured and secured loans
- Invoice finance and asset finance
- VAT and tax finance
- Merchant cash advance
- Rated highly on Reviews.co.uk
- Contact them on 0330 133 7042 or quotes are available online
Website: Capalona Business Loans
13. Elite Business Funding
- Provides business finance solutions
- A knowledgeable, experienced and independent broker
- Search the whole market to find the right loan
- Loans from £500 to £3 million
- Terms up to 5 years
- Funding can be achieved in as little as 2 hours
- Unsecured and secured loans
- Asset finance and invoice finance
- Merchant cash advance
- Enquire online or call
Website: Elite Business Funding Business Loans
14. Revolution Finance Brokers
- Offers a variety of business finance options
- Searches over 80 lenders
- Seeks out the most appropriate loans for you
- Negotiates with lenders
- Manage the application and paperwork for you
- Application portal to load documents and track progress of your application
- Secured and unsecured loans
- Also offers a variety of mortgages
- Rated highly on Reviews.co.uk
- Enquire online to apply or call 0330 304 3040
Website: Revolution Finance Brokers Business Loans
15. Funding Bay
- Offers flexible business loan solutions tailored to your needs
- Receives an offer within 24 hours
- Loans from £50,000 to £25 million
- Provides market expertise and a no-nonsense approach
- Offers a simple three step process
- A range of business loans
- Invoice finance
- Asset finance
- Highly rated on Trustpilot
- Book a consultation online or call them on 0203 176 0115
Website: Funding Bay Business Loans
16. Commercial Finance Network
- Provides a wide range of business loans
- Search the whole market for best deals
- Decisions within 24 hours
- Business loans
- Secured and unsecured loans
- Asset finance
- Invoice finance
- Trade finance
- Rated highly on Trustpilot
- Call them on 0330 311 2646 or complete their call back form
Website: Commercial Finance Network Business Loans
FAQ
What is a business loan broker?
A business loan broker provides a service to businesses looking for loans by searching the market for them for the best deals.
Business loan brokers can help you to find the most appropriate loan type for your business as well as search the market for the right lender to meet your needs.
Their role often doesn’t end in finding the right lender as they may also assist you through the process to completion.
Why should you use a business loan broker?
Many businesses decide to use a business loan broker because it enables them to reduce the effort and time taken in seeking out the most suitable deal.
By using a business loan broker, you can utilise their knowledge of the market and experience as they will understand your lending requirements and seek out the right lender to meet your needs. They will also negotiate the loan for you so that you can get the most competitive price.
It is also worth noting that some lenders will only provide quotes to brokers or intermediaries so you will be unable to get a quote from them directly and you may miss out on some good deals.
How much do business loan brokers charge?
How much a business loan broker charges will vary depending on how they work with the lender as some lenders provide a fee to the broker and others don’t.
Therefore, the broker may not charge the borrower a fee if the lender pays them a fee or they may charge one still. Brokers often charge a small percentage fee for their service but most don’t state what this fee is until you request a quote.