What is a business loan?

A business loan is a lump sum of finance provided to a company, repaid over an agreed term with interest. Spark Finance compares business loans from £1,000 to £25 million across more than 100 UK lenders, both secured and unsecured.

How quickly can a UK business get a business loan?

Business loans arranged through Spark Finance can be approved within hours for smaller unsecured amounts, with funds released within 24 to 72 hours, subject to lender checks and documentation.

Business Loan vs Invoice Finance: Which Funding Solution Is Right for Your SME?

Business Loan vs Invoice Finance: Which Funding Solution Is Right for Your SME? | Spark Finance