Name: Small Business Loans Wales
Brand: Fleximize
Rating: 4.9 (1034 reviews)

Welsh business loans, explained

There are an estimated 248,000 businesses operating in Wales alone, with micro-sized enterprises experiencing a remarkable 46.3% growth over the years. This promising increase highlights the resilient nature of Welsh entrepreneurs.

Sustaining business growth involves raising capital, and that’s the hardest part. This is where business funding steps in.

Funding can provide the essential support that Welsh SMEs need to help sustain growth plans. Applying to a traditional bank for a business loan could take several months to complete. Alternative finance providers like Fleximize offer a convenient alternative. These business loans are a quick and hassle-free form of Welsh business funding.

Secured & unsecured

Swift approval

Repay early, repay less

Borrow £5,000 to £500,000

Apply online

Get a decision

Receive your funds

What type of business loans in Wales can I apply for?

At Fleximize, we offer both unsecured and secured loan packages.

Here’s what you can expect when you take out Welsh business funding with us:

Borrow £5,000 to £500,000 over 3 – 60 months
Get competitive interest rates starting from 0.9% per month
Receive funds the same day as approval
Benefit from industry-leading flexibility, including top-ups and repayment holidays
No exit fees or early repayment charges
Save on interest if you want to make overpayments without settling in full, thanks to our amortising loans
Exclusive discounts on industry-leading business services

Ultimately, it's up to you to decide what finance method is right for your business. Read on to see how they compare.

Secured business loans

Secured loans allow you to offer assets as collateral against a business loan. This type of funding offers a higher value loan of up to £500K with us, as the loan amount is ‘secured’ against one or more of your assets.

You’ll also often be eligible for lower interest rates as a result, making this a more cost-effective option in the long term.

For more information, check out our dedicated page on secured business loans.

Unsecured business loans

An unsecured loan offers a quick and easy way to get financing.

You don’t need to put up assets as security, making them an accessible choice for businesses that:

Don’t have many assets
Would prefer not to offer them as collateral against a loan

Unsecured loans are also typically cheaper than secured. This is because there’s no time spent waiting for asset valuations and legal processes are simpler.

Explore our unsecured loan in more depth.

Loved by our customers

What interest rates should I expect?

Interest rates on Welsh business loans will vary across the industry, but at Fleximize, our monthly rates start from 0.9%.

As part of our Penalty-Free Promise:

You’ll only pay interest on your reducing balance and not your total loan amount
You can make overpayments at any time at no additional cost.
You’ll save on interest if you want to make overpayments without settling in full.

For example, if you take out a £50,000 loan at 0.9% over 18 months, interest would be £450.00 in month one but only £26.95 in your final month.

Check out our Business Loan Calculator for further details below.

Flexiloan Flexiloan Lite

Our Flexiloan product is available to businesses trading for at least 12 months over a 12-60 month term.

months

Interest

£8,460.08

Total Repayment Amount

£58,460.08

Monthly Repayment

£3,247.78

Show potential savings through early settlement

Our Penalty-Free Promise means you won’t be charged extra for repaying early.

Find out just how much you could save through early settlement by adjusting the month of repayment in this section.

Your Loan Quote Summary
Full Settlement At
Total Repayable at Agreed Term	£58,460.08
Total Repayable if Repaid Early	£56,122.84
Interest Saving	£2,337.25

* Interest rates offered to new customers may vary from rates advertised due to variations in the Bank of England base rate and/or Standard Overnight Index Average (SONIA).

This estimate is based on a monthly interest rate of 1.70%, which may not reflect your final rate. Please apply online for a tailored quotation.

A representative example of a loan of less than £25,000: 42.4% APR representative, based on a fixed annual rate of interest of 35.9% and an assumed loan amount of £15,000 over 18 months; equating to monthly repayments of £1,089.71 and a total repayable of £19,614.78.

Our Flexiloan Lite product is available to businesses trading for at least 6 months over a 3-12 month term.

months

Interest

£3,472.16

Total Repayment Amount

£33,472.16

Monthly Repayment

£4,184.02

Show potential savings through early settlement

Fleximize is committed to its penalty-free promise for customers repaying early.

Find out just how much you could save through early settlement by adjusting the month of repayment in this section.

Your Loan Quote Summary
Full Settlement At
Total Repayable at Agreed Term	£33,472.16
Total Repayable if Repaid Early	£32,476.26
Interest Saving	£995.90

* Interest rates offered to new customers may vary from rates advertised due to variations in the Bank of England base rate and/or Standard Overnight Index Average (SONIA).

This estimate is based on a monthly interest rate of 2.50%, which may not reflect your final rate. Please apply online for a tailored quotation.

What are the benefits of small business loans in Wales?

The benefits of a business loan in Wales can underpin the growth of your business, ensuring long-term sustainability and resilience in the face of change.

As a hot-bed of entrepreneurship, SMEs account for over 60% of employment and nearly half of turnover in Wales.

One of the main benefits of a business loan is that extra safety blanket against unforeseen cash flow issues or payments, which is a lifeline for many small businesses.

This funding can be used for a range of purposes from purchasing or refurbishing equipment to relocating or expanding into new premises. Whether you’re looking to kickstart a new marketing campaign or grow your workforce, loans offer unrivalled flexibility to meet the needs of your business.

Am I eligible for a business loan in Wales?

You could apply for an unsecured loan in less than five minutes with Fleximize if:

You’re a limited company or an LLP
Your business is based in the UK
You’ve been trading for at least six months
You have a minimum monthly turnover of £5,000
If you’re a sole trader or non-limited partnership with less than four partners, we can lend a minimum of £25,000.

If you have valuable company assets to offer, there’s a good chance your business could qualify for a secured business loan, too.

Apply for a business loan

How to apply for business loans in Wales

Our process is quick, easy, and fuss-free.

Apply online in minutes
Get a decision in 24 hours
Receive your funds

All you have to do is fill out our secure online form - it takes less than five minutes. We’ll let you know if you pass our initial checks and ask for a few important documents to help us make a decision.

If it’s a yes, we’ll transfer your Welsh business funding - often on the same day if we have everything we need.

Looking For Funding? Let's Talk.

If you want to know more about how we can support your business, give our friendly team a call and you'll get straight through to someone who can help, like Luke. Or, if you're ready to apply, get started by clicking the button below.

Apply Now

0207 100 0110