Business loans
to drive your business forward

What is a business loan?

A business loan gives you access to a lump sum of capital that can be used for almost any legitimate business purpose. You repay the amount over a set loan term, usually through fixed monthly payments that include principal and interest. Loan amounts typically range from £10,000 to £5m, depending on your business needs, credit profile and trading history. 

For many UK small businesses and established SMEs, business loans offer a simple way to manage cashflow, invest in growth, purchase stock or cover short term pressures without tying up working capital. 

How business loans work

Business loans are designed to give you fast, flexible access to funds. The process is straightforward: 

1. Choose your funding need: This might be working capital, payroll support, expansion, stock purchase, refurbishment or simply bridging a short-term gap. 

1. PMD compares loan options: We review interest rates, repayment terms, origination fees, lender criteria and the type of loan structure that suits your business best. 

1. Underwriting and credit checks: Lenders assess affordability, your business performance, annual revenue, credit history and, depending on the product, any personal guarantee requirements. 

1. Loan approval and funds released: Once approved, the loan amount is disbursed directly to your business bank account. Many facilities can be improved within hours! 

1. Repay in predictable installments: You make monthly payments over an agreed period of time. Some lenders offer interest-only, short-term loans or no prepayment penalty, allowing you to repay early if you choose. 

Types of business loans we offer

PMD provides access to a wide range of business lending products through over 150 independent funders, many offering faster decisions and more flexibility than traditional bank-loan routes. 

1. Unsecured business loans 

• No fixed assets required as collateral 

• Often supported by a director’s personal guarantee 

• Fast approval and quick access to funds 

• Ideal for businesses with strong business credit and steady revenue 

1. Secured business loans 

• Backed by collateral (eg property, equipment and receivables) 

• Usually lower interest rates 

• Higher loan amounts available 

1. Working capital loans 

• Designed to support cashflow 

• Helpful for payroll, stock and everyday running costs 

• Can usually be tailored for corporation tax and VAT bills 

• Often structured as short-term loans with flexible repayment terms 

1. Short-term business loans 

• Perfect for time sensitive requirements 

• Short term loan durations from 3-24 months 

• Can complement existing credit lines 

These facilities are suitable for small business owners, growing companies and established businesses looking for straightforward financing options. 

What can a business loan be used for?

PMD arranges loans from as little as £10k for purposes including: 

• Cashflow and working capital 

• Expansion and improvement projects 

• Bridging shortfalls 

• MBOs and MBIs 

• Hiring staff or covering payroll 

• Any legitimate business purpose 

Because our lenders are independent, these facilities won’t affect your existing bank facilities or business overdrafts. 

What are the benefits of a business loan?

There are several benefits when it comes to taking out a business loan agreement:

• Predictable monthly payment amounts 

• Fast decisions and quick access to funds 

• No need for a long or complex application process 

• Many lenders do not charge early repayment fees 

• Can improve cashflow without relying on credit cards or overdrafts 

• Flexible loan terms tailored to your plans 

• Independent funders mean your bank isn’t the only option 

For many small business owners, a business loan provides the stability needed to plan ahead with confidence. 

Is a business loan right for your business?

A business loan may suit you if: 

• You need working capital without a long approval process 

• You want to spread costs over an affordable repayment term 

• You prefer fixed, predictable monthly payments 

• You have expansion plans or upcoming investment needs 

• You want to protect cashflow while still moving your business forward 

• You need a funding partner who looks beyond just your credit score 

PMD works with lenders who understand UK SMEs and consider real world trading conditions, not just rigid criteria. 

How to apply for a business loan

We make the process straightforward: 

1. 1. Tell us what funding you need 

1. 2. Provide basic financial information (bank statements, accounts, etc) 

1. 3. We compare lenders and present the best options 

1. 4. You choose the structure that fits your business 

Most facilities can be arranged quickly, with clear loan repayment terms and transparent pricing from day one. 

Ready to secure your business loan?

If you want to understand how much funding your business could access, whether for cashflow, growth, stock or short-term support, our team is here to help. We’ll compare options across our full panel of lenders and walk you through the structures, rates and repayment terms that fit your plans. 

Funding requirements differ from one business to the next, so if you’re not sure if a business loan would suit you, feel free to visit our business loans frequently asked questions page. We can also support you with funding equipment purchases, releasing value from existing assets and even covering unpaid invoices. 

Whatever your plans, PMD will help you find a clear, affordable way forward.