BEF Business Loan

Business Enterprise Fund (BEF) is a non-profit lender that supports small businesses with flexible finance to help businesses begin, expand, and flourish.

BEF believes in the power of human connections and expertise to guide you towards achieving your business goals. That's why our lending decisions are made by experienced humans, not algorithms. A dedicated team takes the time to understand your unique business needs and aspirations, ensuring that you receive the tailored support and guidance you deserve.

What is a Business Loan?

A Business Loan can be spent on a wide range of things related to your business, like a cashflow boost, equipment and stock, premises, marketing, buy-in/out, and promotional expenses to name just a few.

Key features:

• Loan amount: Up to £250,000 per business
• Interest rate: Flexible
• Repayment term: Flexible up to five years
• Fees: Flexible arrangement and early repayment fees
• Support: First-class support from a dedicated investment manager
• Recovery Loan Scheme (RLS): BEF is accredited by the government-owned British Business Bank to provide RLS-backed loans. Personal guarantees will usually be required
• Human-driven decisions: The experienced team understands the nuances of entrepreneurship and makes lending decisions based on your individual circumstances
• Application processing time: Typically two to three weeks

• Debt repayment: May be able to consider the repayment of existing debt in certain circumstances
• Training expenses: Excludes funding for training, qualifications, or education programmes
• Investment opportunities: Not applicable for speculative investments beyond sustainable business operations

Please note that other exclusions may apply. BEF reserves the right to update this list at its discretion.

Eligibility requirements

• Age: 18 years or older
• Business location: Based in the UK
• Residency: Current UK resident on the electoral roll
• Business status: Trading
• Business location: Based in England and Wales
• Work authorisation: Right to work in the UK
• Business compliance: Adheres to loan guidelines
• Creditworthiness: Passes credit checks and demonstrates affordability

Apply for a Business Loan

Over the last 11 years, BEF has supported over 4,833 businesses with £108 million of investment, added over £392 million to the economy, and helped create or safeguard over 13,140 UK jobs. It is ready to support you and your business.

Enquire now!