Growing Businesses

Flexible secured and unsecured loans up to £250,000 that can be tailored to support business needs.

  • Terms up to 10 years
  • Finance for cash flow, asset purchase, business growth and development
  • Flexible rates, set up and early repayment fees
  • Personal guarantees required

BEF also lend up to £250,000 unsecured for businesses in the North of England that make a difference through social or economic impact. Eligibility for unsecured loans up to £250,000 is subject to full due diligence and would need to meet our lending criteria.

Typical features of a qualifying business applying for this higher amount would include most of the following:

  • An established and profitable business with an increasing net worth
  • Operating on a B2B basis
  • Management accounts produced at least on a quarterly basis
  • Experienced owners / directors with good credit and personal asset position
  • Operating a clean bank account with low business debt
  • Can demonstrate job creation as a result of the lending