A business loan
up to £400k can be arranged within 3 days
A business loan is meant to help you take the next step with your company. Whether you want to invest, pre-finance, make a large purchase, or simply need a perfect working capital bridge — a business loan gets you moving again.
What we stand for
Reliability is second nature to us. For a fintech company, we’re remarkably approachable, with a get-things-done mentality that sets us apart.
We carefully consider every application as a unique opportunity to support your business and. with our no-nonsense approach, you always know exactly where you stand.
Speed
Just like you, we believe in speed and taking action. That’s why you can apply for a business loan with us in just 5 minutes, and for loans below £75k you may receive the funds in your account within 24 hours.
Convenience
You want to apply for a loan quickly and easily. That’s why we only ask for minimal business details. With a secure bank connection, you simply give one-time consent for us to see 12 months of bank transaction. This way, you can keep moving forward and focus on what you do best: running your business.
Transparency
We value clarity, whether it’s about our rates, our processes, or our service. Got questions? Feel free to give us a call, we’re always happy to help.
A single-person limited company can get a business loan from Swishfund
Borrowing money as a self-employed professional?
Single person companies are utilized by a wide range of individuals, including freelancers, consultants, and small business owners.
We understand that there are many reasons for needing a business loan. But we also know that securing financing can sometimes be challenging. Without a fixed monthly salary, traditional lenders often see loans to single-person limited companies as higher risk. At Swishfund, we look beyond that.
Apply for a business loan as a single-person limited company
With us, the income running through our limited company is the starting point. We calculate a personalized rate based on the risk profile of your business.
Within 24 hours, you'll know exactly how much you can borrow.
Our terms range:
- From £10,000 to £400,000
- From 3 to 24 months
- Interest rates starting at 1.1% per month
We have already helped 7,000+ entrepreneurs
Swishfund Ltd is a subsidiary of our Dutch parent company,Swishfund B.V. (a regulated business in The Netherlands).
As a Group of Companies, we have the following results so far....
How does a loan for a single person limited company / professional services company work?
A loan to a single person company helps you move your sole proprietorship forward. At Swishfund, we offer financing solutions that perfectly match your profile and situation. Our goal? A simple and accessible application process, so every self-employed entrepreneur can quickly and effortlessly access the financial power they need.
01 Apply for your self-employed loan with ease
Applying for a self-employed loan is quick and simple. Submit your application online with a transaction overview from your business bank account.
02 Receive a no-obligation offer
Within 24 hours, we’ll review your application and calculate your credit capacity. A team member will get in touch to walk you through the offer.
03 Fast payout
Once approved, the funds will be in your account super fast.
Weekly or monthly repayments
At Swishfund, we also make repaying your loan simple and flexible. We prefer weekly repayments but we are happy for monthly repayments if it makes sense for your cashflows.
Business loans for single-person limited companies: simple and fast
At Swishfund, we're here for entrepreneurs – including freelancers. We understand that the application process with major lenders is often slow and complicated. That's why we do things differently! We look at what really matters: your ability and willingness to repay. Our assessment is based on your transaction history.
Thanks to our smart algorithms, we can quickly make an accurate assessment and provide clarity within 24 hours.
Business loans with Swishfund are simple and accessible. To be eligible you need:
- To be incorporated in England & Wales or Scotland, and registered at Companies House
- An annual turnover of at least £50,000
- At least one full set of filed Annual Accounts
We want to help you
Do you have a question about business loans or Swishfund? Check out our FAQs or contact us directly. We’re happy to help.
Our opening times are from 9.00 am to 6.00 pm.
Want to know more?
Once you have accepted an offer from us, there are a few Know-Your-Client steps that we must take, but for loans up to £75k we can have the funds in your bank within a couple of hours of your acceptance. For loans above £75k up to £400k, we can deposit the money into your business account within 48 hours.
The application itself takes 3 minutes. After a working day, we will contact you by email or phone to discuss the first results. Based on this, we may request additional information. We strive to have the money in your business account within 24 hours for loans less than £75k, and within 3 working days for loans up to £400k.
For more information on the application process click here.
You can only use the loan to finance any legitimate business activities. Due to our very favourable early-settlement terms, Swishfund is the“perfect working capital bridge” for your financial needs. You can read more about our loan purposes here.
Yes, you can.
If you wish to make a bulk payment, we can (a) apply those funds to the end of the loan, thereby saving you some interest, or (b) apply those funds to the next few payments, pausing the direct debit until the funds are used up, or (c) reduce the amount of each of your future repayments.
You can always repay the whole of the loan earlier too. We do not charge any early settlement fees, but you still must pay the agreed interest to the end of the calendar month of settlement. We charge interest on a straight-line basis (rather than amortising like many other lenders), which means that we do not front-load the interest, and when you are halfway through the term of a Swishfund loan you will have repaid half of the amount you borrowed.
The cost of your loan comprises a one-off arrangement fee and a monthly interest rate. The amount of these costs is a percentage and therefore depends on the amount you wish to borrow. The arrangement fee is added to the loan, so you do not need to make any payment to have your application assessed or to receive the funds.
The arrangement fee covers our marketing and operational costs. The amount of the arrangement fee may be split with your finance broker, if applicable.
The monthly interest is determined based on your company's risk profile and ranges between 1.1%-3% per month based on the total loan amount. You can read more about how interest is calculated here.
We only provide loan funds to limited companies that are registered at Companies House in the United Kingdom, and that have a business bank account. In addition, our customers must have a turnover of at least £50,000 in the past year, and have filed at least one set of Annual Accounts at Companies House.
For more information on the necessities for a loan application click here.