Compare over 120+ lenders to find your perfect partner
Some of the lenders compared….
How it works with Simply Business Loans
At Simply Business Loans we have partnered with Funding Options to bring you access to over 120+ lenders. Funding Options provides you with one simple application process that delivers uniquely tailored loan solutions for your business. Their technology, Funding Cloud, will accurately validate your business profile, matching you to the industry’s largest lender network.
How much do you need for your business?
Start with how much you need to borrow, what it’s for, and basic information about your business.
Get an instant comparison
Smart technology at Funding Options will compare up to 120+ lenders and match you with matched finance options
Apply and get your funding
Help is provided to you during application process to receiving your funds. It’s free to apply and it doesn’t affect your credit score
Lloyds Bank Business Loans
Lloyds Bank is one of the UK’s long standing financial institutions, having been founded in Birmingham in 1765. Over the centuries, it has grown into a major national bank and is part of Lloyds Banking Group, one of the largest banking groups in the UK. With a rich history intertwined with the UK’s commercial development, Lloyds Bank has a deep-rooted connection to the business community, providing financial services to help businesses.
For small to medium-sized enterprises (SMEs) looking to expand, manage day-to-day expenses or just navigate cash flow challenges, Lloyds Bank offers a variety of business loan products. These are designed to meet the diverse needs of UK businesses across sectors.
Their loans can also offer options for interest rates, such as a variable rate loan. This type of loan can be particularly useful for companies looking for adaptability in interest rates during economic fluctuations. For those seeking certainty with repayments, the fixed rate loan ensures that businesses pay a consistent amount throughout the term of the loan, facilitating easier budgeting and financial planning. This can be especially beneficial for businesses that need to manage their finances tightly without surprises.
Lloyds also offers the Commercial Fixed Rate Loan, which is designed for businesses requiring larger amounts of funding. This type of loan is typically used for significant investments such as buying new equipment or expanding operational facilities.
In addition to these loans, Lloyds Bank provides a number of other business funding options for solutions to help with working capital and cash flow to handling unexpected expenses. You’ll find overdrafts, business cards, invoice and asset finance products through to commercial mortgages on offer.
Overall, Lloyds Bank’s suite of business loans is diverse, offering financial solutions that can be tailored to the unique challenges and opportunities faced by SMEs in the UK. Whether a business is looking to expand its operations, invest in new technologies, or simply bridge a gap in cash flow, Lloyds Bank presents a reliable and broad range of products to consider.
About This Information
Our articles, guides & reviews are provided as generic information only. Any expressed view, product or service mentioned within these does not constitute as financial advice or recommendation by us.
Be mindful that information may have changed since publication.