Get the funds your business needs
Many business owners look to banks as their only funding option when it comes to obtaining a small business loan. However, it is often difficult for small businesses to source the finance they need from banks because of their rigid credit policies.
Thankfully, an Adelpha Unsecured Business Loan provides a simple, fast and flexible alternative form of finance.
Why choose an Adelpha Unsecured Business Loan?
Lend up to £150,000
Fast decisions
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We say "Yes" more often
Friendly service
Transparent fixed costs
Access further advances
Our Unsecured Business Loan is designed to be a simple, fast, and fair form of finance. You could receive between £3,000 and £150,000. Your business cash-flows will not be interrupted as the Unsecured Business Loan is repaid by a weekly or monthly payment plan pre-agreed to align with your business cash-flows.
Our Unsecured Business Loan does not restrict how you spend the advanced funds in your business as we are here to improve your cash flow, not run your business.
Banks can take a long time to decide on a loan application. However, at Adelpha there is no lengthy application process and, once you have provided us with the information we need, we can make a final decision within a working day.
Who can apply for a Unsecured Business Loan?
To be eligible, we typically require you to have been in business for at least 12 months, have a UK based majority ownership and an average monthly revenue over £3,000.
Some of the benefits are:
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Apply in minutes for £3,000 – £150,000 and get a decision within two working days
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A simple and hassle-free application with a high approval rate
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Repayments tailored to match your business cash-flows
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A fixed cost of funding that is agreed upfront
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No hidden fees or charges
How does it work?
Our Unsecured Business Loan is an advance of cash you can repay via weekly or monthly payments for up to 36 months.
Repayments are tailored to your business cash-flows. Unlike many other forms of business funding, an Unsecured Business Loan is an unsecured way of accessing finance which means charges over the company or your assets aren’t required. We require a personal guarantee, but this should not be a problem given we deal with small businesses in which owners have a personal stake and believe in the business’s future.
An Unsecured Business Loan is there to boost funds when you need them most.
1. Apply
It's easy to apply. Simply complete our secure online application form. We only require basic information like your contact details and company name.
2. Quick Call
We will arrange a time for an account manager to speak with you.We have extensive experience working with small businesses and this conversation enables us to better understand your business and funding requirements.
3. Underwriting
Once you have supplied any requested information and we have spoken with you, we aim to make an offer to an eligible business within a business day.
4. Funding
If you accept our funding offer, then once the documents are signed and the final checks completed, you can draw down the funds within a business day. It is quick and simply to top-up funds later.
Frequently asked question
How much can we raise?
We can finance from £3,000 to £150,000 with flexible repayment terms of up to 36 months.
How do you apply?
Complete a simple online application that will only take a few minutes. If needed, we can help you complete the application over the phone
How long does it take?
Once you have applied and provided any required documentation, we aim to make a decision within 24 hours
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Why should I choose Adelpha Capital?At Adelpha we provide fast funding to businesses who need it with flexible repayment terms. You can also have absolute control over your funds without interference, as you know best what your business needs. You will also get a human making the decision on your application and a dedicated account manager to liaise with throughout your dealings with us.
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What is an Unsecured Business Loan?An unsecured, fixed costs finance solution based on future business revenue. It enables you to borrow between £3,000 and £150,000 which you repay on a pre-arranged repayment schedule.
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How much can I borrow?You can borrow between £3,000 and £150,000. The amount available is dependent on a number of factors, and each loan is assessed individually by a person, not a computer. Start here to get a quote or speak to the team on 0207 112 8123.
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How long can we borrow for?Our Unsecured Business Loan has a term of 6 months to 24 months for business trading less than 3 years. If your business has been trading for more than 3 years, we may be able to offer a term of up to 36 months. Repayments are made by instalments over the term, on a pre-agreed basis.
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Do I qualify?Requirements to be eligible for an Unsecured Business Loan are: Limited Companies in business for at least 12 months Average monthly revenue of at least £3,000 UK based majority owner Trade predominantly in the UK If you don't meet our requirements or require a more tailored funding solution, Adelpha can help you secure funding from a number of partners and investors. Contact us to discuss your funding needs
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How long will it take to get my fundsOnce we have all the necessary details from you, we aim to have the funds in your bank account within 24 hours.
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Can you provide funding if my credit history is less than perfect?Yes. We consider each application on an individual basis and assess if an Unsecured Business Loan is right for your business based on its individual circumstances and outlook - not just your credit history. We are committed to acting responsibly, so we urge you to think carefully about financial products for your business and seek appropriate advice when making decisions.
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What can I spend the money on?You can use the Unsecured Business Loan for any business need, be this: purchasing stock or equipment, refurbishment, repairs, hiring staff, paying taxes, marketing, or unexpected bills
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How much will it cost?We understand that no business is the same, so out pricing is unique to each application. Our interest rate starts at 1.9% per month. For your own bespoke price, you can apply for a free no obligation quote online without impacting your personal credit score.
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Do we need to pay anything upfront?No, there are no costs to apply for a Unsecured Business Loan
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What credit checks do you perform?We will use a number of different sources of information to help us understand your business. With your permission we check your company and consumer credit information through Credit Reference Agencies. Our search is recorded as a 'soft footprint', so it does not have an adverse impact on your credit score.
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What documents do I need to apply?We require at least 6 months bank statements - preferably submitted via Open Banking - and the last filed accounts. In some cases, we may ask for additional information.
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Do you take any security or collateral?An Unsecured Business Loan is a way of accessing finance without any asset security. We do require a Personal Guarantee(s) from the directors / owners of the business.
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What is a personal guarantee and how does it work?You should take legal advice if you have any concerns or questions about the terms of your personal guarantee. The guarantee is a promise to pay all your company's liabilities to Adelpha, meaning that if your company misses a payment, the guarantor may be required to repay the company's funding in full. Given we deal with small businesses in which the owners have a personal stake and believe in their success, providing a personal guarantee should not be a problem.
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How do I pay back?You repay by pre-agreed payments based on your business cashflows. The payments are automatically deducted from your business bank account by direct debit so you don’t have to worry about missing due dates.
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Can I repay early?Yes! After 6 months you can repay in full with no additional fees or interest charged.
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What if I cannot make a payment?We are a responsible lender at all times, and provide loans only to businesses deemed able to repay. However, we recognise that sometimes our customers find their situation changes or they are struggling to repay. In such circumstances, the most important thing is to speak to your account manager on 02071128123 who will work with you to find a way forward.
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I already have business funding through Adelpha, can I apply for more?Yes, we will consider more funding provided you have met your payments on time and your business continues to perform. As we already have your details, it is an even simpler and shorter process. You may need to provide updated bank statement or other documents before we fund more. Contact your account manager to discuss your further funding needs.
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Do you partner with brokers and other introducers?Yes. Brokers find it easy to work with Adelpha. We are committed to growing our network of brokers and are open to forming a relationship with new business introducers. Please contact us on hello@adelphacapital.com or 02071128123 to find out more.
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What if I have a complaint?We aspire to provide excellent customer service, but we also appreciate that sometimes things go wrong. We have a process in place to appropriately deal with any issue you may have. Please contact us by email in the first instance at hello@adelphacapital.com.