Business funding that puts you in control

A secured business loan requires you to put forward an asset (typically property or equipment) as security. If repayments are missed, that asset is at risk of being seized. An unsecured business loan requires no security, which means approval is faster and less documentation is involved, though rates tend to sit slightly higher. Most businesses we work with prefer unsecured lending for speed and simplicity.

Not necessarily. We work with lenders who assess the full picture of your business, not only a credit score. If your business has strong monthly revenue and a solid trading history, lenders on our panel take those factors into account.

Absolutely - and it's actually one of the most common types of loan we arrange. When a limited company takes out a business loan, it sits on the company's balance sheet rather than against you personally. That means a cleaner separation between your business finances and your own - which most directors prefer.

As little as 6 months. We work with limited companies at every stage — from newer businesses finding their feet to established firms ready to scale. If you've been trading for 6 months and have a regular turnover, it's worth checking your eligibility.

Mainly four things: your company's turnover, trading history, credit profile, and what you need the loan for. Nothing too scary - and checking won't affect your credit score.

An online business loan follows the same process as any business loan, with the application completed entirely through a digital platform. At Lovey, our process is fully online. You apply through our website, we compare lenders on your behalf, and you receive offers to review and accept digitally. For straightforward cases, the full process from initial application to funds in your account takes as little as 24 hours.

A payroll loan is short-term business lending taken to cover wage costs during a period of cash flow pressure. We work with payroll loan companies and lenders providing funding specifically to cover payroll ahead of a payment run. If you have a specific payroll need, speak to the team directly.

Most lenders require 3 to 6 months of business bank statements, proof of business registration, and basic information about your trading history and turnover. Some lenders require filed accounts for limited companies. We guide you through the documentation requirements once you have selected a product.

Yes. A business loan for a new business is available through certain lenders on our panel, particularly for businesses with at least 6 months of trading. If you are a start-up with less trading history, we work with lenders who offer alternative finance products designed for early-stage businesses.