Business Loans & Business Finance Support for UK Businesses
NexGen Finance helps UK businesses understand their funding options, prepare enquiries properly and explore suitable business loan routes — from unsecured business loans and working capital through to VAT funding, asset finance and invoice finance. We work with businesses to make their case clear before connecting them with appropriate funding routes or finance partners.
Business Loans We Can Help With Directly
NexGen Finance can support UK businesses looking for practical funding routes, including unsecured business loans, secured business loans, working capital, cashflow funding, VAT and tax funding, equipment finance and short-term business finance. Where suitable, we help package the enquiry clearly, assess likely funding routes and connect the business with appropriate funding options or finance partners.
Unsecured Business Loans
Short and medium-term business loans without the need for property or specific asset security. Based primarily on business trading performance and affordability.
Typical range: £5,000 – £500,000+
Find Out MoreSecured Business Loans
Business loans backed by commercial or residential property, or other business assets. Typically allows for larger amounts and longer repayment terms.
Typical range: £50,000 – £5m+
Find Out MoreWorking Capital & Cashflow
Short-term funding to support day-to-day operations, bridge payment timing gaps and manage seasonal or contract-related cashflow challenges.
Flexible terms, revolving facilities available
Find Out MoreVAT & Tax Funding
Spread the cost of quarterly VAT bills or corporation tax demands across structured monthly repayments to protect business cashflow.
Protects cashflow around HMRC due dates
Find Out MoreAsset & Equipment Finance
Finance for business equipment, commercial vehicles, plant and machinery through hire purchase, finance lease or operating lease arrangements.
New and used assets considered
Find Out MoreInvoice Finance
Release cash tied up in unpaid invoices through invoice discounting or factoring — improving working capital without waiting for clients to pay.
Suitable for B2B businesses with 30–90 day terms
Find Out MoreUnsecured and Secured Business Loans
🔒 Unsecured Business Loans
Unsecured business loans do not require specific property or assets as security. Approval is based primarily on the trading performance of the business, affordability, credit history and the purpose of the funding.
Typically suited to:
- Established trading businesses with 12+ months of accounts
- Businesses needing £5,000 – £500,000+ for growth or cashflow
- Limited companies, partnerships and sole traders
- Businesses that do not own property or want to avoid securing against assets
What lenders consider:
- Monthly business turnover and profitability
- Length of time trading
- Business bank statement performance
- Director credit profile and existing borrowing
🏠 Secured Business Loans
Secured business loans are backed by an asset — typically commercial or residential property owned by the business or its directors. The asset is at risk if the loan is not repaid.
Typically suited to:
- Businesses needing larger amounts (£50,000 – several million)
- Longer repayment terms (typically 1–25 years)
- Businesses with property equity to use as security
- Cases where unsecured options are limited or insufficient
What lenders consider:
- Value and type of security offered
- Loan to value (LTV) against the security
- Business trading position and affordability
- Purpose of the loan and repayment strategy
Business Finance for Contractors, Trades and Construction
Construction businesses, contractors, subcontractors and trades businesses often have specific funding challenges — long payment cycles, contract mobilisation costs, material funding needs and HMRC obligations. NexGen Finance understands these challenges and can help review the right funding approach for your situation.
- Invoice finance and debtor funding for contractors with CIS or standard invoicing
- Payroll and supply chain funding for construction businesses
- Plant, machinery and equipment finance (new and used)
- Working capital for contract mobilisation and material costs
- VAT and tax funding to manage HMRC cashflow pressure
- Short-term business loans for immediate operational needs
Also Useful For
- ✓ Trade businesses waiting on CIS tax refunds
- ✓ Subcontractors needing cash before retention is released
- ✓ Sole traders and limited company contractors
- ✓ Housebuilders and developers between development phases
- ✓ Businesses funding materials before invoice terms are met
- ✓ Payroll funding for businesses with weekly wage obligations
Discuss a Construction Finance Enquiry
Why Businesses Speak to NexGen Finance
NexGen Finance is not a passive form — we take the time to understand the business, review the funding position and provide a clear view of what may be achievable before anything is progressed.
We Review the Position First
We look at the basic funding position before recommending a route, so businesses understand what is realistic
We Help Package the Enquiry
We help businesses pull together the right information so applications are presented clearly to lenders and brokers
We Connect the Right Cases
Suitable enquiries are connected with the most appropriate funding route or commercial finance broker partner
Direct, Practical Conversation
No automated systems, no pressure — just a direct, honest conversation about your funding requirements
What Our Clients Say
We are building our verified review profile. If you have worked with NexGen Finance and would like to share your experience, please get in touch — we welcome genuine feedback from businesses we have supported.
Get in TouchHow Business Finance Enquiries Are Handled
Tell Us What Funding You Need
Call or email to explain your situation — how much you need, what for, and any relevant background on your business.
We Review the Basic Position
We look at the likely funding routes available based on your trading position, business structure and the amount needed.
We Explain the Likely Routes
We set out what type of funding may be suitable, what lenders will look for and what the realistic options are.
Suitable Enquiries Are Progressed
Where suitable, we progress the enquiry with the right funding route or connect you with an appropriate commercial finance partner.
Documents Usually Needed for a Business Loan
Having the right documents ready helps speed up the review process and gives lenders and brokers a clear picture of your business. The exact requirements vary by lender and product type, but the following are commonly requested.
Most commonly requested:
- ✓ Business bank statements — typically 3 to 6 months
- ✓ Latest filed accounts or management accounts
- ✓ Proof of ID and address for all directors
- ✓ Details of the funding requirement and its purpose
- ✓ Summary of any existing business borrowing or commitments
Sometimes also requested:
- ✓ VAT returns (last 4 quarters)
- ✓ Aged debtors and creditors report (for invoice finance)
- ✓ Proof of asset ownership (for secured loans)
- ✓ Business plan or cashflow forecast (for growth or start-up funding)
You do not need every document ready before making an initial enquiry. NexGen Finance will guide you through what is needed for your specific situation.
What Lenders Usually Look At
- ✓ Trading history: typically 12+ months preferred
- ✓ Monthly turnover: must support the repayment level requested
- ✓ Profitability: net profit or adjusted EBITDA depending on product
- ✓ Bank conduct: regular credits, limited bounced payments, no unauthorised overdraft
- ✓ Credit profile: business and director personal credit history
- ✓ Existing debt: current loan and finance commitments
- ✓ Sector: some lenders have appetite restrictions by industry
- ✓ Purpose: how the funds will be used and the business rationale
Common Reasons Business Loan Applications Are Declined
Understanding why applications are declined can help businesses address issues before applying. NexGen Finance will review these factors with you before any enquiry is progressed.
Insufficient Trading History
Many lenders require a minimum of 12–24 months of trading history. Newer businesses may have limited options, though some specialist lenders cater for early-stage businesses.
Poor Credit Profile
Adverse credit history — either business or personal — can significantly reduce lender options. Some specialist lenders consider adverse credit cases, but on different terms.
Affordability Concerns
If the business's income does not sufficiently cover the proposed repayment — based on the lender's affordability model — the application is unlikely to proceed.
High Existing Debt Levels
Businesses already carrying significant borrowing may find that additional lending exceeds what the trading position can support.
Sector Restrictions
Some lenders restrict lending to certain sectors — for example, hospitality, retail or early-stage businesses — regardless of individual business performance.
Weak Bank Statement Conduct
Bounced payments, irregular credits, consistent use of unauthorised overdraft or evidence of financial stress in bank statements can affect lender confidence.
Sector and Product Guides
Practical guides covering specific business loan types and sectors. Written to help business owners understand their options before making an enquiry.
Business Loans for Construction Companies
How construction businesses can access finance — invoice funding, contract finance, payroll funding and working capital for builders, contractors and developers.
Construction FinanceBusiness Loans for Contractors
Funding options for contractors and freelancers — what lenders look for, how trading structure affects eligibility and what types of finance may be available.
Contractor FinanceWorking Capital Loans for Small Businesses
Understanding working capital finance — revolving credit facilities, overdrafts and short-term loans to manage cashflow timing gaps for UK SMEs.
Working CapitalVAT and Tax Funding for Limited Companies
How to spread VAT bills and corporation tax demands across manageable monthly payments to protect cashflow and avoid late payment penalties.
VAT & Tax FundingShort-Term Business Loans Explained
What short-term business loans are, typical terms and costs, how repayments work and when they are the right — or wrong — choice for a business.
Business LoansSecured vs Unsecured Business Loans
A clear comparison of secured and unsecured business lending — amounts, terms, security requirements, risks and which suits different business situations.
Business LoansOther Business Finance We Can Help With
Recruitment & Payroll Funding
Payroll funding and staffing finance for recruitment agencies and businesses with large weekly or monthly wage costs to bridge payment timing gaps.
Who it may suit: Recruitment agencies and businesses with large payroll obligations
EnquireMerchant Cash Advance
Flexible funding based on card payment turnover — repayments are made as a percentage of card receipts, so they flex with business performance.
Who it may suit: Retail, hospitality and service businesses taking card payments
EnquireExpansion & Growth Finance
Funding to support business growth — opening new premises, acquiring a competitor, hiring staff or investing in equipment or technology.
Who it may suit: Growing businesses with a clear expansion plan
EnquireBusiness Loans — Frequently Asked Questions
Can NexGen Finance arrange business loans directly?
NexGen Finance is not a lender. However, NexGen Finance actively works with businesses to review their funding position, understand what options may be available and progress suitable enquiries with appropriate funding routes or finance partners. We help you understand what to expect before any application is submitted.
What is the difference between unsecured and secured business loans?
An unsecured business loan does not require any specific asset or property as security — approval is based on business trading performance and affordability. A secured business loan is backed by an asset such as commercial or residential property. Secured loans may offer higher amounts and longer terms, but the asset is at risk if the loan is not repaid.
Can contractors or self-employed individuals get business loans?
Yes, contractors, freelancers and self-employed individuals may be able to access business finance, though lender criteria varies. Key factors include trading history, income levels and business structure. NexGen Finance can help review the position and identify suitable routes for contractors and sole traders.
What documents are usually needed for a business loan application?
Documents typically requested include recent business bank statements (usually 3–6 months), the latest filed or management accounts, proof of ID and address for directors, a summary of what the funding is for and details of any existing business borrowing. Requirements vary by lender and product type.
Why do business loan applications get declined?
Common reasons include insufficient trading history, poor credit profile, inability to demonstrate affordability, high existing debt levels, sector restrictions or weak bank statement conduct. NexGen Finance can help review the likely position before any application is submitted, reducing the risk of unnecessary credit searches.
Can NexGen Finance help with VAT and tax funding?
Yes. NexGen Finance can help businesses explore VAT and tax funding — including facilities designed to spread the cost of HMRC VAT bills and corporation tax demands. These facilities are arranged through specialist lenders, not directly by NexGen Finance, and are subject to status and lender approval.
How quickly can business finance be arranged?
Timescales vary depending on the product, lender and complexity of the application. Some smaller unsecured facilities may be processed relatively quickly. Larger or more complex facilities typically take longer. NexGen Finance does not guarantee any timescale — all finance is subject to full underwriting by the relevant lender.
Does NexGen Finance provide financial advice?
No. NexGen Finance does not provide regulated financial advice. We help businesses understand the funding landscape, review their position and connect suitable enquiries with appropriate finance partners. Any specific financial advice should be obtained from a suitably qualified and authorised adviser.
Important information: NexGen Finance is not a lender and does not provide regulated financial advice. Suitable enquiries may be referred to commercial finance broker partners. Funding is subject to status, affordability, lender criteria and approval. Your property may be at risk if you do not keep up repayments on a loan secured against it.
Discuss Your Business Funding Requirements
Not sure which type of business finance suits your circumstances? Call or email NexGen Finance — we will review your position and explain your realistic options. No obligation, no jargon.