We built the Lightning Loan with small businesses in mind - smarter funding in an instant.
Our 5 minute application won't affect your credit score
We can say 'yes' without needing any paperwork - in other words, it takes minutes to find out how much you could borrow.
We work with businesses not credit scores. That's why we look at your business as a whole when you apply.
Lightning loans make early repayments easy. No fees for withdrawing your funds or repaying early.
Ian - Champs Barbers
It takes five minutes from start to finish. We're designed with small businesses in mind, so we'll just need the basics about your business to make a decision.
We'll approve you based on your business performance. You transfer as much as you need to your bank account, and the funds will typically be in your account in hours.
We don't charge early repayment fees: we only charge interest for the days you have the money. If you need more funds, applying for a top up is easy. As your business grows your credit limit will too.
We’ll only charge interest on your outstanding balance for the days you’re using your loan – no hidden fees, no long-term commitments. Our rates start at 2% a month, depending on your business.
Total repayment of £3,359 (3.33% interest rate per 30 days)
Borrow up to £15,000
For up to 12 months
This loan calculator is only an example, your actual rate will vary based on your circumstances. Here’s another example. If you borrowed £10,000 for 12 months at 49% representative APR, with an interest rate of 40% p.a. (variable), then, all in all, the total amount you’d repay would be £12,294.
Looking to borrow for longer or need a bigger loan? Try our Business Loan.
Here are some questions our customers ask. If there’s anything we haven’t covered here, check our FAQ
We only run soft credit checks which means applying won’t affect your credit score. But if you decide to draw down funds from us, the loan will show up on your credit report.
Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your loan early we won't charge you any fees. We don’t believe in hidden fees either, so you’ll never find any sneaky small print surprises.
Even though we offer loans, we’re not a bank. We’re an independent company custom-built for small businesses – and our goal is to provide straightforward access to finance where and when your business needs it.
Once you've paid back a third of your original credit limit, applying for a top up is easy. We'll just need updated information about your business.
It takes five minutes to apply. If you're applying for less than £15,000, we can give you a decision in seconds. Larger loans take up to 24 hours.
Generally, they put the money to short term investments, like extra stock. Or they use it to help with cash flow, like if they're waiting on an invoice.
Small business finance is all we do, so you'll get straight through to someone who can help, like Lisa – we're not fans of hold music. Call us from Monday to Friday (8am - 7pm) and Saturday (9am - 3pm). We accept applications over the phone.