Loan Process

The online application is simple and straightforward as shown in the timeline below. You can also reach out to our support team on the Contact Us page.

If you need to borrow £500 – £250,000 to buy new stock, employ extra staff, refurbish premises, or just to keep your cash flow smooth, apply with us today!

1

1 - Online Application Form

Fill in an online application form in less than 5 minutes with no credit check.

2

2 - Initial Eligibility Response

Receive an initial eligibility response within 2 working days.

3

3 - Business Adviser

Assigned a dedicated Business Adviser to support you throughout your loan application.

4

4 - Loan Approval

Get your loan approved in 2-4 weeks.

New Business Mentoring

We understand that starting a new business can be daunting and you may need some guidance as you’re navigating your way in the world of business. If you are a new business and your Start Up Loan* application has been approved, your dedicated business adviser can support you by providing mentoring for up to 12 months, ensuring you and your business are supported during your first year of trading.

*For Start Up Loan eligibility purposes, new businesses are classified as businesses trading for less than 2 years.

More in this Section

Business loans

Loans

We have a range of loans available to help start ups and exisiting businesses that are looking for finance to grow.

Start up loan

Start Up Loans

Proudly supporting new businesses. We are an official delivery partner for the Start Up Loans Company.

CBILS Loan

Recovery Loan Scheme

First Enterprise - Enterprise Loans is proud to be a delivery partner for the Recovery Loan Scheme (RLS) – supporting businesses across the East Midlands and Southeast Midlands with loans ranging from £25,001 – £250,000.

Business growth

Business Loans

Proudly providing business growth loans up to £250,000 to help you grow your business.

Midlands Engine Investment Fund

Midlands Engine Investment Fund

The Midlands Engine Investment Fund is a collaboration between The British Business Bank and 10 Local Enterprise Partnerships (LEPS) across the Midlands.

Community investment enterprise facility

Community Investment Enterprise Facility

Proudly supporting charities and social enterprises with business loans and enterprise in the UK.

Success stories

Success Stories

At First Enterprise we really pride ourselves in helping businesses grow. Here are a few case studies of businesses that we have helped over the years.

Top tips for a speedy loan approval

Mike's Top Tips for a Swift Loan Approval

Read Mike's ten top tips to ensure your loan application progresses through the loan application process as swiftly as possible.

Testimonials