Discover how long-term business loans can fuel your company’s expansion with low monthly payments and extended repayment terms. Learn the benefits, eligibility, and how to secure the right loan for your business needs.
A long-term business loan is a financing solution designed to help companies fund major investments, expansion plans, or large-scale projects over an extended period, typically ranging from three to ten years or more. Unlike short-term loans, which are ideal for immediate cash flow needs, long-term loans offer lower monthly repayments and larger loan amounts, making them suitable for strategic growth.
Tell us about your business – Share a few details and our team matches you with the right lenders.
We compare options – Your application is shared with our panel of lenders, and we’ll present you with tailored loan options that best suit your business.
We handle the rest – Pick your loan and we’ll manage the paperwork. Your account manager keeps things moving and keeps you updated.
Comparing business loans from multiple lenders can take days and too many applications might hurt your credit score.
Connect Capital takes care of it all. We match you with trusted lenders, check your eligibility without affecting your credit file, and guide you to the right finance quickly and safely.
Less hassle, less risk, more time for your business.
The interest rates available to your business depend on several key factors, including your credit score, the loan amount, the type of business loan you choose, and the lender’s criteria. To find the most competitive rates from our panel of trusted lenders, speak with a member of our team, we’re here to guide you through the options and help you secure the best possible deal.
The speed of your loan approval largely depends on how promptly you provide the necessary supporting documents. All lenders require financial evidence before making a lending decision. Once we receive the required information, we can offer initial quotes and begin discussing your budget. Please note that all loans are subject to credit status and affordability checks. While we aim to release funds within 24 to 36 hours, the exact timing may vary depending on the lender, the loan amount, and the type of loan you choose.
Getting started is simple, we only need some basic details to begin your business finance comparison. As your application progresses, we’ll request additional information, such as the purpose of the loan and how it will support your business. To assess affordability, we may also ask for recent bank statements.
Throughout the process, a dedicated account manager will be on hand to guide you every step of the way. Whether you're new to business finance or just exploring options, you can expect a smooth, transparent experience with no surprises.
Lenders typically conduct credit checks on business directors to assess the financial credibility of those applying for funding. In many cases, we can request a soft credit check, which won’t impact your credit score, just let us know your preference when applying.
If you decide to proceed with a loan application, the lender will carry out a hard credit check before making a final decision. It’s important to note that multiple hard checks in a short period can negatively affect your credit score. That’s why selecting the right loan and lender for your specific needs and financial situation is essential.
When you begin a business finance comparison with Connect Capital, we’ll carry out a soft credit check to assess your eligibility. This won’t impact your credit score and is simply used to help determine whether it’s worth proceeding with an application.
Please note that a soft check does not guarantee approval. If you choose to move forward with a full application, your chosen lender will perform a hard credit check. This will be recorded on your credit file and may affect your credit score, especially if multiple hard checks occur within a short period.
Yes, we can help. We understand that not every business owner has a flawless credit history, life happens, and circumstances can change. If you're concerned about bad credit, let our team know. We'll work with you to compare lenders and loan options that are tailored to your financial situation, helping you find a solution that fits your needs.
Yes, early repayment is often possible, but the terms can vary depending on the loan type and lender. Some loans follow a fixed monthly repayment schedule, while others offer more flexibility. If you're considering early repayment, you'll need to request a settlement figure, this includes the remaining balance plus any applicable interest.
Some lenders may also charge an early settlement fee. If you're unsure or concerned about early repayment terms, speak with your lending manager. They’ll guide you through your options and help you understand any potential costs involved.
Choosing the right loan depends on your business goals, financial situation, and how you plan to use the funds. Our experienced lending managers are here to help by discussing your requirements, they’ll guide you toward the most suitable loan options from our panel of trusted lenders.
Not at all. Our business finance quotes come with no obligation, so you're free to explore your options without committing to us. If you decide not to proceed after receiving a quote, we simply ask that you let us know, this allows us to focus our efforts on helping other businesses find the funding they need.
Securing the right business loan shouldn't be a struggle. We cut through the complexity by providing a direct, transparent path to lenders who specialise in your unique needs. From start ups to established corporations, we provide the clarity and connections you need to navigate the financial world with confidence.