Business Loans for Bad Credit UK
In short: UK businesses with bad credit can still get finance: specialist lenders consider CCJs, defaults and limited history, pricing for the risk. CoreFi matches you to the lenders most likely to say yes, for free.
A poor credit history does not rule out business finance. Many UK lenders specialise in companies with CCJs, defaults, missed payments or limited trading, and decide on the strength of current trading and any security rather than the past alone.
Options include unsecured loans from adverse-credit lenders, invoice finance (where the lender looks at your customers' credit, not just yours), asset finance secured on the equipment, and merchant cash advances repaid from card takings. Rates are higher to reflect the risk, but the funding is real. CoreFi matches you to the lenders most likely to approve your profile, so you do not waste applications.
Key Benefits
- Lenders that actively consider CCJs and defaults
- Invoice and asset finance reduce the weight of your credit
- Decisions on current trading, not just history
- One application matched to the right lenders
Frequently Asked Questions
Can I really get finance with bad credit?
Yes. Specialist lenders price for risk and look at your current trading, turnover and any security. Invoice and asset finance are especially accessible because the lender has the invoices or equipment as comfort.
Will it cost more?
Usually, yes. Adverse-credit lending carries higher rates to reflect the risk. As your record improves you can refinance to cheaper facilities.
Does applying hurt my credit further?
We match you to suitable lenders first, so you avoid scattering applications. Many lenders run a soft search initially, and we tell you what each one does.
Related Funding Options
Business Loans UK
Business loans for UK companies from £5k to £500k+. Unsecured and secured options, funded in days to a couple of weeks. Whole-of-market broker, no fee to search.
Small Business Loans UK
Small business loans from £5k to £250k for UK SMEs and limited companies. Fast unsecured funding for growth, cash flow and equipment. Free to search, no obligation.
Invoice Finance UK
Release cash tied up in unpaid invoices. Invoice factoring and discounting for UK businesses. Advance up to 90% of invoice value within 24 hours.
Researching Unsecured Business Loans? Get the free guide
Plain-English, UK-specific. What it costs, who qualifies, and how to get the best terms, straight to your inbox.
- How unsecured business loans works and what it really costs
- Eligibility and the documents lenders ask for
- How CoreFi matches you to the right lenders from our panel
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Get matched with lendersCoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.