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Whether you’re looking to borrow funds or get started with a company bank account, we’ve got your business demands covered
What is business finance?
Business finance refers to a range of financial products that can help you manage and grow your business. This often relates to financial support, such as:
It can also include business bank accounts, savings accounts, credit cards and prepaid cards.
What types of business finance does MoneySuperMarket offer?
MoneySuperMarket offers a range of different finance options to suit your needs. These include:
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Business loans
Business loans are an affordable way to borrow funds that can help you build your business, ease cash flow, provide you with extra capital or allow you to invest in equipment. You can spread the repayments over a term that suits you.
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Commercial mortgages
A commercial mortgage is a loan that funds the purchase of non-residential properties. This can include business premises for your company or a buy-to-let mortgage for rented accommodation.
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Peer-to-peer business loans
A peer-to-peer business loan is when funding is sourced from individual investors rather than the traditional route of borrowing money from a bank.
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Asset finance
Asset financing is a loan used by companies to buy, lease, or refinance the assets needed to keep the business growing. It’s a flexible way of funding often used to replace existing equipment such as high value vehicles or machinery.
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Invoice financing
A form of lending where a third party, often a bank, buys up unpaid invoices or lends money against the funds that will be received in the future from clients. This can help improve your company’s cashflow.
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Business bank accounts
A business bank account is a legal requirement if you want to set up a limited company in the UK. It’s like a personal bank account, but used by sole traders, partnerships, or companies for day-to-day banking needs.
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Business savings accounts
Similar to a personal savings account, a business savings account lets your company earn interest on money that is deposited. It can be a good way of making funds work harder if your business has a healthy balance sheet.
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Business prepaid cards
A business prepaid card is a financial tool designed for companies to manage expenses efficiently. It functions like a debit card, but the spending is limited to the amount preloaded onto the card.
Why compare business finance with MoneySuperMarket?
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We find you the best deals
Whatever type of finance you’re after, we search the market to help you compare deals from the UK’s leading finance providers
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No hidden catches
We’ll show you all the key features upfront, so you won’t be caught out by any terms and conditions you weren’t expecting
Do I need business finance?
Whether or not you need business finance is up to you as the business owner, so it’s important to consider your specific circumstances and factors that could affect your decision.
Taking out a business finance product can be helpful if you are looking to expand your business, capitalise on market opportunities, or even handle unexpected situations with minimal business disruption.
According to UK Finance’s Business Finance Review, gross lending to SMEs by main retail banks went up by 14% in Q1 2025 compared to the same period a year ago
How much can I borrow?
Business loans can range from a few hundred to millions of pounds, and most providers will have their own rules about how much they will be willing to lend you, depending on factors like:
Your business and personal credit score
Your business’s financial performance
Any existing debts you have
Whether you have a solid, evidence-based business plan
What can I use a business loan for?
Business loans can be used for various purposes including:
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Capital and cash flow
Provide additional working capital to ease cash flow
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Expanding
Moving or renovating premises
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Purchasing equipment
Purchasing equipment or machinery
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Hiring
Onboarding and training employees
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Debt consolidation
Combining existing debts into one manageable payment
What are the advantages of having business finance?
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Affordable repayments
A competitive loan can provide financial support and help grow a small business with repayments structured in a way to make them affordable
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Earn interest
A business savings account allows your company to earn a return on a positive bank balance rather than letting the money sit in a current account
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Flexible lending
Asset finance can provide the type of flexible lending solution that allows you to get your business up and running quickly despite high-cost overheads
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Lower transfer fees
Business money transfers can be an efficient way to move significant sums overseas without losing a sizeable chunk to weak exchange rates or additional fees
Which financial product is best for my company?
Choosing the right business financial product means considering the nature of your business, as well as its current finances and future goals:
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Bank account
A company bank account is likely to be a good idea, even if you are a sole trader, because it helps keep personal and business funds separate for easier accounting
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Business loan
A business loan or peer-to-peer loan might be an option if you need a cash injection and are confident your company is in a position to handle the repayments
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Invoice financing
Invoice financing could be worth considering if you are struggling with late payment of invoices and running into cashflow difficulties. According to the SME Finance Monitor, 40% of SMEs that needed funding said it was due to cashflow reasons
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Commercial mortgage
A commercial mortgage or asset finance can help if you need to move to new premises or buy expensive new equipment to further your business aims but don’t have the funds outright
Our expert says…
Funding a business isn’t just about bank loans. From invoice financing and asset-based lending to government-backed schemes and venture capital, there’s a range of options – each with its own costs and risks.
The key is to match the right mix to your business needs and repayment capacity, so you can grow without piling on expensive debt.
Kara Gammell Personal Finance & Insurance Expert
Is my company eligible for finance?
Eligibility for business finance will depend on a number of different factors, including:
Your business’s income and overheads
Your business’s creditworthiness
The amount you want to borrow
The strength of your business plan
The good news is that there are a variety of different options available, from short-, medium- and long-term loans to flexible solutions such as asset and invoice financing.
How to compare business loans with MoneySuperMarket
Whatever type of finance you want to compare, MoneySuperMarket is here to help.
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Tell us what you're looking for
We’ll ask a few simple questions about how much you want to borrow, your business, and what the money will be used for.
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Compare deals
We’ll show you a list of potential deals including the interest rate and how much your monthly repayments might be.
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Apply in minutes
Once happy with your choice, you can click through to apply quickly and easily online. Then wait for your funds to arrive.
Trusted Service Awards Winners
MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
How can I improve my chances of being accepted for business finance products?
Whether you're a small business or a larger enterprise, to improve your chances of being accepted for business support, you should build a solid business plan and try to maintain a strong credit score. You should also look to choose the right finance solution for your company’s current financial status and keep organised financial records so you can demonstrate business stability and profitability. Searching around to find the best deal, or finance providers who are more willing to support your application for funds, will also improve your chances of being accepted.
Will I be charged a fee to hold a business current account or savings account?
Fees for holding a business current or savings account can vary among banks and financial institutions in the UK. Some may charge monthly maintenance fees, while others offer free accounts with certain conditions. Compare options and carefully review the terms and fee structures provided by different banks to make an informed decision based on your business's needs and preferences.
Are interest rates higher for business financial services?
Interest rates for business financial services can vary widely based on factors such as the type of product, the lender, and the borrower's creditworthiness. In many cases, loans for businesses may have slightly higher interest rates than personal loans due to the increased risk associated with business ventures. However, competitive rates can still be found by shopping around and meeting the lender's requirements.
What is equity financing?
Equity financing is a method of raising capital by selling shares in your company. You might choose to sell equities to fresh investors, or to existing shareholders who are looking to improve their equity holdings.
They key selling point of equity finance is that the money you receive as capital does not have to be paid back.
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Reviewed on 11 Dec 2025 by
