Business loans

Funding your business

Getting a business off the ground takes time and hard work. But taking it to the next level? That sometimes calls for extra investment.

Cue Starling’s unsecured business loan, which allows you to borrow from £5,000 to £250,000, for a term of 1-5 years. With a representative rate of 7% APR (fixed) for loans up to £25,000, it’s a business loan for limited companies that’s straightforward to use and competitively priced.

And it's fast, too. As long as you’re a Starling customer, apply in just a few minutes and our team will get in touch within one working day. Then, if your loan is accepted and you’ve sent us everything we need, you should receive your loan within one working day.

A fair and flexible loan

Fair

Our interest rates are competitive. For loans up to £25,000, the representative rate is 7% APR (fixed), with no early repayment fees. We’ll assess your business to work out your bespoke rate and we’ll never charge you hidden fees.

Need more than £25,000? You’ll get more information on our rates when you apply.

Flexible

Choose a monthly repayment date that suits you. Repayments are fixed and you’ll know exactly what’s coming up for the life of the loan (good news for your business plans!).

Easy

Apply in minutes, from anywhere. Want a Starling loan but don’t want to switch your business current account fully over yet? No problem. Just use Starling alongside any other bank account.

Personalised

Unlike some other banks, at Starling, your application will be reviewed by a real human. We take the time to understand your business and make a considered decision.

See how much a Starling loan would cost you

Our business loan calculator

Borrow

Please enter an amount between £5000 and £25000

for

over 12 months

Total Amount Repayable £5185.61

Monthly Repayment £432.13

Representative APR 7%

Is a loan right for me?

A Starling loan is designed for anyone looking to invest financially in the long-term success of their business. It’s worth bearing in mind that you’re more likely to be considered for a loan if you’re a profitable and owner-managed business in a period of growth or maturity.

If you’re looking for support with everyday working capital, a Starling business overdraft could be better for you at the moment.

A loan is designed for specific types of needs, such as...

A defined amount of working capital
Securing a new contract
Growth/international expansion
Machinery or equipment purchase
Premises refurbishment or expansion
Business acquisition

Am I eligible for a Starling business loan?

To be approved, you’ll need to...

Be a limited company or limited liability partnership that’s registered at Companies House.
Have been trading for a minimum of 18 months (and be able to prove this).
Have a Starling business current account (or be willing to open one).
Have a good credit history.
Be able to prove that you’ll be able to make repayments when they’re due (by providing financial accounts and bank statements).
Provide a Personal Guarantee from every Person of Significant Control or partner of your business (must be 18 years old or over).

How the application process works

As long as you’ve already got a Starling business account, just fill out the application form below.

Our Lending team will review your application and reach out to you with a decision. If it looks like we may be able to offer you a loan, we might ask you for more information. You’ll then get a final decision within two working days (although this can take slightly longer for larger loans). If all is well, we’ll send you a few documents, which you’ll just need to sign and return to us. If they’re satisfactory, your loan will be paid into your Starling business current account within 24 hours. That’s it!

Application form

Starling business loans are available to eligible account holders. To learn more about and apply for our award-winning business account, click here.

I am a Starling business current account holder and a limited company or limited liability partnership that has been trading for longer than 18 months.

What is your business name?Account numberMobile numberHow much do you want to borrow? We can offer unsecured business loans between £5,000 and £250,000 to eligible businesses.Number of full-time employees (excluding directors)Turnover (last filed accounts or last financial year)Profit after tax (last filed accounts or last financial year)Where is your primary bank account?

Do you have any existing business loans?

What is the outstanding balance?

Has the business taken on new debt in the past 12 months? This includes (but isn’t limited to): hire purchase or lease agreements, factoring/invoice discounting, loans and overdrafts.

How much has been borrowed?

What is your loan for?Please give us a few more details about what the loan will be used for and how it will support your business activity or growthTerm of loan required?

By submitting your application, you consent to us undertaking a new credit check on your profile, this includes a check on your personal credit file and one for your business entity. All information provided will be stored and processed in accordance with our privacy notice. We will shortly be in touch about your application and may require further evidence of your business financials including bank statements, your most recent year-end accounts, invoices and overdraft facility confirmations.

Your request has been received.

We’ll be in touch soon.

An APR (Annual Percentage Rate) is a common way of showing interest rates on loans, which you can use to compare different banks’ interest rates. It takes into account the rate of interest and any fees charged for taking out the loan.

The Representative APR is the advertised rate (or a lower rate) that we expect at least 51% of customers will get when they’re accepted for and enter into a loan agreement with us.