Small Business Funding Under £50k UK 2025

Best small business funding options: iwoca (£1k-£50k, no PG, best rates), YouLend (e-commerce), Start Up Loans (£25k max, 6% APR). All options compared.

Best Small Amount Funding (Under £50k)

1. iwoca - Best Overall (£1k-£50k)

  • Factor: 1.08-1.25x (best rates)
  • No PG under £50k (guaranteed)
  • Min revenue: £3k/month
  • Approval: 24 hours

2. Start Up Loans - Cheapest (£500-£25k)

  • APR: 6% (cheapest option)
  • For new businesses (under 2 years)
  • Government-backed
  • Slow (6-12 weeks)

3. YouLend (£5k-£50k for E-commerce)

  • Best for Shopify/Amazon sellers
  • Factor: 1.10-1.35x
  • Fast: 24-48 hours

Cost Comparison: £20k

  • iwoca (1.15x): £3,000 cost
  • YouLend (1.25x): £5,000 cost
  • Start Up Loan (6% APR): £600 cost (cheapest, but slow)

Best for Different Scenarios

  • Need £5k-£20k fast: iwoca
  • E-commerce under £30k: YouLend
  • New business under £25k: Start Up Loan (if can wait)
  • Emergency under £10k: iwoca (24hrs)

Conclusion

For small amounts under £50k, iwoca is best option - guaranteed no personal guarantee, best rates (1.08-1.25x), and accepts from £1k minimum. Start Up Loan cheaper but takes 6-12 weeks.

Small Business Funding

£1k-£50k for small businesses. No personal guarantee. Best rates.

Get Quote