Lloyds Bank business loan
Unsecured and secured business loans up to £500k+ for existing Lloyds business banking customers.
Quick verdict
- Owner: Lloyds Banking Group plc.
- Ticket band: £1k to £500k+ unsecured; larger via secured facilities..
- If declined, the strongest alternatives are: iwoca for working capital up to £100k+, Funding Circle for unsecured term loans, Allica Bank for £150k+ secured / asset-backed.
At a glance
- Owner entity
- Lloyds Banking Group plc
- Ticket range
- £1k to £500k+ unsecured; larger via secured facilities.
- Typical criteria
- Established Ltd company, 2+ years trading, clean credit, existing Lloyds business account ideally. Personal guarantee from a director typical.
- Decision pattern
- Initial decision via online application or business manager. Detailed underwriting against full accounts and bank statements. 5 to 15 business days for full decision on larger tickets.
- Last reviewed
- 2026-06-12
Common decline reasons
- Sub-2-year trading or insufficient turnover.
- Recent CCJs or missed payments.
- Concentration risk in the customer base.
- Sector exclusions (gambling, adult, CBD, vape).
If you have been declined
Lloyds will provide a decline reason on request. Match the reason to a specialist alternative on FundBiz rather than reapplying to other high-street banks (their criteria are similar).
Alternatives we route to
- iwoca for working capital up to £100k+
- Funding Circle for unsecured term loans
- Allica Bank for £150k+ secured / asset-backed
- JPM Capital or Bolton Finance for post-decline cases
What to have ready before you apply
UK banks underwriting an SMB facility at the £1k to £500k+ unsecured; larger via secured facilities. band typically ask for the following before issuing a decision:
- Two years of filed accounts plus current management accounts.
- Six to twelve months of business bank statements.
- Director identification and proof of address.
- A clear written summary of how the funds will be used and how they will be repaid.
- Personal guarantee paperwork for limited-company directors (standard at this ticket band).
This is a generic UK SMB-bank application checklist. Lloyds Bank business loan may ask for additional documents specific to the facility type or sector.
FAQ
What does Lloyds Bank business loan offer?
Unsecured and secured business loans up to £500k+ for existing Lloyds business banking customers.
Who qualifies for Lloyds Bank business loan?
Established Ltd company, 2+ years trading, clean credit, existing Lloyds business account ideally. Personal guarantee from a director typical.
How big a ticket does Lloyds Bank business loan cover?
Ticket range: £1k to £500k+ unsecured; larger via secured facilities.. Decision pattern: Initial decision via online application or business manager. Detailed underwriting against full accounts and bank statements. 5 to 15 business days for full decision on larger tickets..
Why does Lloyds Bank business loan decline applications?
Sub-2-year trading or insufficient turnover. Recent CCJs or missed payments. Concentration risk in the customer base. Sector exclusions (gambling, adult, CBD, vape).
What should I do if Lloyds Bank business loan declines my application?
Lloyds will provide a decline reason on request. Match the reason to a specialist alternative on FundBiz rather than reapplying to other high-street banks (their criteria are similar).
What are the best alternatives to Lloyds Bank business loan?
Alternatives we route to: iwoca for working capital up to £100k+; Funding Circle for unsecured term loans; Allica Bank for £150k+ secured / asset-backed; JPM Capital or Bolton Finance for post-decline cases.
Related banks
Looking for something different?
- For independent editorial reviews of the lenders we route to, see BestBusinessLoans.
- For invoice finance, see MarketInvoice.
- For card terminals and merchant accounts, see TakeCardPayments.
Run the matcher
Tell us what Lloyds Bank business loan declined or what you need, and we will match against the FundBiz panel. Limited companies, LLPs and partnerships of 4+ only.
Open matcher →Last reviewed: 2026-06-12.