Unsecured business loan
Unsecured loans for companies, sole traders and partnerships. Partners look at overall business health, not only credit score. Terms vary by lender — short and longer arrangements are available.
- Range
- From £5,000
- Term
- Short and longer terms
- Family
- loans
- Search
- Full market, one file
At a glance
- No specific security
- £5k–£10m typical
- Diverse credit backgrounds
- Soft search to start
How it works
- 1A term loan without a specific charge over named assets.
- 2Typical range still £5,000–£10 million, though appetite and rate follow credit quality.
- 3Lenders look at overall business health, not only a credit score.
- 4Short and longer terms are available across the panel.
Who it’s for
- Companies, sole traders and partnerships that do not want to (or cannot) pledge specific security
- Businesses needing speed over a property-backed process
Good to know
Unsecured does not mean ‘no questions’. Management accounts, bank statements and director background still matter.
A personal guarantee is still commonly requested.
One application with QED searches the full market. That saves you running the same file around several lenders, and it avoids multiple credit searches on the business and directors. A hard search is only placed when you proceed with a chosen lender.
Documents QED will ask for
Same list as the attach-files section on the website application. Tick what you have when you apply; email the rest.
- Last 2 years’ published accounts (full, not abbreviated)
- Last 6 months’ business bank statements, up to today
- Latest management accounts
- Use-of-funds note and any contracts the loan will pay
- Existing loan / RLS statements if refinancing
FAQ
Drawn from qedfinance.com and the way the UK market actually underwrites these facilities.
Will this be more expensive than secured?
Usually, because the lender has less to recover if things go wrong. The gap depends on the file.
Does a search with QED hit my score?
No. A hard search happens only when you proceed with a chosen lender.
Does exploring options affect my credit rating?
A search with QED does not. A hard search happens only when you proceed with a chosen lender.
Is a personal guarantee still likely?
Yes, even on ‘unsecured’ facilities. Unsecured means no specific charge over named assets, not ‘no questions and no PG’.
What if I have been declined before?
A past rejection is not a bar. The panel includes houses with different appetite. Complete the loan form in this app — it mirrors qedfinance.com/apply.
Does exploring loan options affect my credit rating?
Initiating a search with QED Finance will not impact your credit score. Credit checks that may affect a score only occur when you proceed with a partner lender.
Can I repay early?
The panel includes lenders who allow early repayment. Specific terms and any fees depend on the lender chosen.
Is less-than-ideal credit a blocker?
Not automatically. Partners look at overall business health, not only a credit score.
Prefer a number first?
Run the same calculator that sits on the website, then apply if the shape looks right.
Open the calculatorQED is a broker, not a lender. A low credit score can limit options with some houses; a search with us does not place a hard search on the business or directors until you proceed with a chosen lender.