Simple, unsecured business loans between £10k and £2m

Nucleus Business Loans have just landed and they are the perfect solution for businesses wanting to grow.

Get a Nucleus Business Loan
£10K to £2m
Three months to six years
Funding in 24 hours

What is Nucleus Business Loans?

If your business needs a cash flow boost, then this could be the perfect product for you. Whether you’re looking to expand your premises or workforce, take your company to the next level or cover an unexpected bill, our Nucleus Business Loans are the ideal solution.

Nucleus Business Loans are an unsecured form of business funding that can help you push your company to greater heights. And rest assured that if you are seeking an alternative source of financial support, you’re certainly not on your own. A recent study from the British Business Bank found that the level of lending from banks to SMEs has plateaued over the past few years. Meanwhile, the awareness of alternative forms of finance saw significant growth across that same period.

If you’re looking for a cash flow loan for your small business, you’ve come to the right place. We can lend you between £10,000 and £2m repayable over three months to six years.

Our Nucleus Business Loans are unsecured, so you won’t have to put up your home or any other assets as collateral. We combine the expertise and credit facilities of a traditional bank with the speed, flexibility and transparency of alternative lending. Here, we’ll tell you everything you need to know about Nucleus Business Loans.

What can Nucleus Business Loans be used for?

New premises

That perfect spot in town you always loved? With this loan, it's all yours!

Management buy-out

Buy-outs can be costly, so remove the stress and get it done with Nucleus Business Loans.

Growth

Unlock your true potential and grow with the financial support you need.

Find the right people

Hire new talent to ensure your business flies.

Peace of mind

Rest easy knowing your business has access to the finance it needs.

Unexpected bills

Handle whatever life throws at your business without needing to change course.

What are the benefits of Nucleus Business Loans?

Lumpy cash flow

Even out seasonal peaks and troughs in your cashflow cycle.

Long payment terms

Tired of waiting for your customers to pay? Tackle long payment terms with Nucleus Business Loans.

Fulfil expansion plans

Achieve your dreams of hiring new staff, growing your business or taking on bigger projects with Nucleus Business Loans..

How do Nucleus Business Loans work?

1

The
journey begins

Transform your business by completing our simple application form.

2

Your
offer

Our award-winning technology will provide you with an offer in minutes.

3

Sign
your documents

Sign your documents effortlessly from anywhere, any time, using any device.

4

The funds
are yours

Get access to your Nucleus Business Loan on the same day.

5

You make
it happen

Use your funds to start changing your business for the better!

Get Your Nucleus Business Loan

Applying for a Nucleus Business Loan: how it works

Eligibility

  • Minimum 12 months trading history
  • At least one Director based in the UK

Documents

  • Access this product via Open Banking and Open Accounting
Apply now

We help thousands of UK SMEs transform their businesses every year with our unsecured loans

Get approved for free*Applying does not affect your credit score

We’ve already lent well over £2 billion to SMEs in the UK. Your company could be next, and here are just some of the reasons why we’re seen as a premier provider of cash flow lending for businesses:

Range of funding

We can offer business loans between £3k and £50m to help you develop your company.

Quick service

You can apply for our loans online in a matter of minutes and you could receive the money the same day you are approved.

Human approach

Our expert, friendly team will be on hand to guide you calmly through the process, answering any questions you may have about any of our commercial loans

Flexible terms

We offer repayment periods from a few months up to 7 years,  depending on the amount you borrow and through which product. 

No early repayment fee

You can pay off your Nucleus Business Loan ahead of schedule, at no extra cost.

Nucleus Business Loans can help take your business to the next level, and we have numerous examples of how we’ve helped other SMEs do exactly that.

Read Our Client Stories

Lumpy cash flow 

Busleus Business Loans can help to even out seasonal peaks and troughs in your cycle. For example, a store in a seaside resort is likely to experience a surge in trade through the summer months, but a drop in revenue during winter. Nucleus Business Loans can help you through those quieter periods

Long payment terms

Are you tired of waiting for your customers to pay? You can tackle long payment terms with a Nucleus Business Loan, which will provide the financial support you need during those periods where you’re waiting to receive money owed to you for the goods or services you provide

Fulfil expansion plans

By financing your cash flow, you can achieve your dreams of hiring new staff, growing your enterprise or taking on bigger projects. It can be used for the development of businesses in all kinds of sectors and, as long as you spend the funding on your company, we place no restrictions on how it’s used

Accessibility

A recent report from the government found that 41% of SMEs felt they would not be accepted for external funding. At Nucleus, we want to help as many people as possible, and our Nucleus Business Loans are available to all those who meet the eligibility criteria. As an unsecured form of funding, you won’t have to put up your home or other assets as collateral.

A Nucleus Business Loan can offer the solution to a wide range of everyday business challenges. Here at Nucleus, we wouldn’t dream of telling you how to spend the money – it’s up to you how you run your company.

New premises

Are you looking to extend your existing space, move to another location or open another store? Nucleus Business Loans could help you do just that

Unexpected bills

If unforeseen circumstances crop up and you’re due to take a financial hit, a Nucleus Business Loan can help to soften the blow

Management buyout

If you’re looking to make a significant move, you may require additional funds to help you achieve your aim

Hiring new staff

If business is booming and you need to take on new employees, our Nucleus Business Loans can help you bring in extra bodies.

Growth

Nucleus Business Loans can also be used for staff training, purchasing new stock or equipment and revamping your marketing strategy.

FAQs

Our Nucleus Business Loans start from £10,000. However, if you need to borrow less than that, we have other products which may be more suited to your situation.

Nucleus Business Loans are designed to help small businesses finance daily operations. An example could be a bakery needing £150,000 to purchase equipment and machinery to create its produce. Nucleus Business Loans would help the owner finance these supplies with the view that this will be paid back (with interest) once the produce is sold.

Nucleus Business Loans can be used by those who do not have the required assets to secure asset-based funding. Similar to a standard loan, you could also use the finance for renovating your premises, hiring staff, building a website or even paying rent or bills – the choice is yours. 

Nucleus Business Loans are a great choice for any sized business. The benefits include:

  • They are unsecured with no PG required – as well as often being quicker to arrange than secured loans, Nucleus Business Loans don’t require you to put up your property or assets as collateral.
  • They are quick - over 95% of deals are decision within 1 minute.
  • They can be interest-only for the first 12 months - your business can pay interest only repayments for the first 12 months of the loan
  • They help you get through tougher times – most businesses will experience ebbs and flows as they grow. Nucleus Business Loans can help you get through slower periods.

As the name suggests, asset-based lending is only suitable for businesses that have assets to secure the loan against. It is a popular option for those that have the value of their property, machinery, equipment or fleet of vehicles on their balance sheet.

Nucleus Business Loans, on the other hand, are suited to any business with a healthy cash flow. It’s an unsecured form of finance and so a result, interest rates tend to be higher. 

The maximum repayment term for a Nucleus Business Loan is six years. 

We know that if you’re experiencing cash flow problems, you’ll want to get the funds through as soon as possible, so your business doesn’t grind to a halt.

If your application for a Nucleus Business Loan is approved, you could have the money in your account within 24 hours.

There will be no fees if you want to repay your Nucleus Business Loan ahead of schedule, as long as you settle the amount in full. 

To qualify for a Nucleus Business Loan, you need to be trading for at least 12 months.

Just like a traditional loan, when you’re applying for finance for your cash flow, your credit rating will be a deciding factor in whether you get approved. However, unlike a traditional loan, Nucleus Business Loans focus more on your business performance than your credit history. So, you may be more likely to be approved, even if you have a bad credit rating.

If you’re a company with a poor credit history, you may even be able to boost your credit score with a business cash flow loan by repaying on time or even ahead of schedule. 

If you’ve decided that a Nucleus Business Loan is not suitable for you and your business, you can check out our full range of funding solutions. We can even offer a bespoke combination of products, tailored to your needs.

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