How much could my business borrow?
A rough range for an unsecured business loan, from what comes into your bank each month. Lenders usually lend about 10–20% of a year's sales without security.
Likely unsecured range
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Yearly sales—
Low end (10%)—
High end (20%)—
A rule of thumb, not an offer. Lenders decide on your bank statements, profit, existing debt and credit file. Secured lending (property, equipment, invoices) can go well above these figures.
Talk it through with a chartered accountant.
Tell us what you need and we'll come back within one business day with a straight answer.