Business Loans

Whether you wish to start a business, your business has outgrown its space, you need to purchase new equipment or you need new staff, you can count on us to provide a business loan solution at a competitive rate with flexible terms.

We offer loans for business purposes for amounts up to £15000 with interest rates that are fixed throughout the duration of the loan, meaning you can spread the cost of developing or expending your business without it impacting your daily cash flow. Our interest is calculated on a daily basis and you are able to make additional payments towards your loan without any penalties if you find your business in a position to pay the loan off early.

Loan calculator Apply for a business loan
I would like to borrow
and pay it back over
  • Every Week Total Total Interest Payable
  • Every 2 Weeks Total Total Interest Payable
  • Every Month Total Total Interest Payable

The figures given are for illustrative purposes only. Actual Interest rates may vary subject to loan amount and status. Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.

Our business loans are subject to affordability and risk assessments and are made to the individual, if you are interested in applying then please email a brief description of your business plan along with the amount you wish to apply for to businessloans@communityfirstcu.co.uk. A member of our team will then get back to you regarding the application process.

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