Business Loans

Here at Qi Finance we’re passionate about supporting our local businesses. A low cost business loan could give you the boost you need to grow your business. We keep the process quick, simple and offer valuable advice every step of the way.

Borrow £5000 from only £109 per month. Subject to all applicable checks.

APR is dependant on your application and will be confirmed to you in writing by our team.

Read our guide to business loans here or give us a call on 01534 634001 if you have any questions – we’d love to hear from you!

What is a business loan?

A business loan is similar to a personal loan but designed specifically for the use of a business. Typically, you receive a lump sum from the lender and agree to pay back the loan over a fixed period of time with agreed monthly payments.

What can a business loan be used for?

A business loan can be used in a number of ways:

  • To grow the business through purchase of assets which will allow expansion
  • To provide cashflow in quieter times.
How many types of loan are there?

Simply put, there are two types loan. One is known as an unsecured loan and one is known as a secured loan.

Secured loans are typically for larger amounts (£25k+) with the repayments over a longer time. An example of a secured loan would be a new van for the business. The loan is known as "secured" because you use the value of an asset (the van in this case) to guarantee that the lender is paid.

Unsecured loans are typically for smaller amounts of money borrowed over shorter amounts of time. As the amounts are smaller there is less risk to the lender.


there is no such thing as a daft question, so if you want to ask anything else, please just give us a call on 01534 634001 or drop in for a chat.

What happens once I’ve applied for a Qi Finance business loan?

Once we receive your application we will contact you either by telephone or email to ask any questions, and advise on any paperwork that may be required in order to complete the process.

Help and Support

The first step if you’re struggling is to give our friendly team a call - we’re here to help you find a sensible solution. The sooner you call us the more options we’ll be able to give you, remember good borrowing behaviour isn’t just repaying on time, it’s getting in touch if there’s a problem.

How are loan repayments calculated?

You will have to pay interest at a fixed rate on the amount you borrow, so the total repayable includes the total interest charges and the capital borrowed (much like a mortgage). The total repayable is then divided by the number of monthly payments you have chosen, to provide a fixed monthly repayment figure.

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No obligation quote - a personalised quote that won’t affect your credit rating

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8.9% APR Representative (Fixed) on loans from £3,000 – £4,999


You could borrow up to £50,000, depending on your circumstances.


12 months minimum period of repayment

60 months maximum period of repayment


The maximum apr rate that you could be offered is 29.9%

Representative example:

This is not based on your details, it is just an example to show how repayments might work for this kind of loan.

Representative 8.9% APR. Based on a loan amount of £4,000 over 36 months at an interest rate of 8.9% pa (fixed). Maximum Documentation and Administrative fees of £120.00. Monthly repayment £126.37. Total amount repayable £4,549.49.

The interest rate offered on assessment may differ and the representative rate may not be the rate that you receive. The rate you are offered will depend on a number of factors including the amount you wish to borrow, your chosen term, your personal circumstances and your credit rating. The maximum APR you could be offered is 29.9%

In other words…


A loan amount of £4,000


Over 36 months


With a Fixed rate of 8.9% p.a.

Pound sterling

Means a monthly payment of £126.37

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Help and Support

The first step if you’re struggling is to give our friendly team a call. We’re here to help you find a sensible solution – no problem is too big!

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Make some money! If you refer a friend both of you can earn £50 if their application is successful.

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Qi Finance is dedicated to rewarding responsible borrowing. We offer a whole range of exciting rewards and incentives to surprise you with throughout your Qi Finance loan.

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I needed to borrow £20,000 to help pay for my new van. I had previously taken a personal loans with Qi Finance so I already knew that the process would be efficient and it was. Thank you Qi Finance!

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Thank you to Qi Finance for financing my new kitchen equipment for my restaurant! It was easy to arrange and very fast turn around.

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