Free tool

UK SME loan calculator

Estimate monthly repayment, total cost, and effective APR for a UK business loan. Pre-loaded with 2026 rate ranges from major UK alt-lenders (iwoca, Funding Circle, Capital on Tap, YouLend, Liberis).

£1,000£500,000
2%60%
3 mo84 mo (7 yr)
0%10%
Monthly repayment
Total to repay
Total interest paid
Arrangement fee
Effective APR (incl. fee)

2026 UK alt-lender APR ranges (typical SME)

Click a row to load that range into the calculator above.

Lender Product APR range Typical fee
iwoca Flexi-Loan / Cash Advance 11–35% 1–3%
Funding Circle Business loan (P2P) 8–25% 1.5–6%
Capital on Tap Revolving credit card 29–45% 2–3%
YouLend Merchant cash advance 35–60% (built into factor)
Liberis Revenue-based finance 40–60% (built into factor)
MarketFinance Invoice + business loans 13–28% 1.5–3%
Tide Business loans 9–22% 0–2%
Disclaimer. Ranges are illustrative aggregations from public rate cards and aggregated borrower feedback in Q2 2026. Actual rates depend on credit profile, security, facility size, and lender's underwriting. Always verify with the lender's current quote.

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