We provide loans from £3,000 to £100,000, with interest rates typically between 10 and 15%. Loans can be repaid over any term up to 5 years.
BFS Business Loans make it easier for entrepreneurs to access the finance and support they need to start up and grow their business, create and protect jobs and to help the economy thrive.
We will provide a quick decision to the business based on the information provided. BFS does not credit score and decisions are made on a judgemental basis and are typically made between 2 to 4 weeks depending on the complexity of the loan application.
To apply you will need to be able to demonstrate a viable business plan, which shows that the business can both meet the loan repayment and create or protect jobs as a result of the finance.
You will also need to be able to show that you've tried unsuccessfully to obtain some or all of the finance you need from the traditional lenders.Apply Now
By taking steps to diversify and expand your global market you are actively reducing risk and making your business more financially sustainable for the future. So wherever you are on your journey, from securing your first overseas sale to developing a strategy that will help you to grow and succeed, our international experts are on hand to help you.
A community of specialists with a passion to help businesses to realise their ambitions. We support businesses at all stages of their growth journey with our broad range of services. We offer expert one-to-one and peer-to-peer business support, events, specialist programmes, funding and much more.
We can help you recruit and train across a wide range of job roles and skills. Our broad vocational portfolio and comprehensive range of funded, part-funded, commercial and regulatory training mean you benefit from a full training solution for your workforce, which evolves with your business.