A credit facility of up to £1,000,000 for your business
A secured credit facility of £25,000 to £1,000,000
A 60 month fixed or variable rate
No setup or early repayment fees
Interest rates from 4.95% per year
How much could I borrow?
How much you could borrow
Value of your property: £200,000
Value of outstanding mortgage: £70,000
We lend a minimum of £25,000. Based on this information, it looks like we’re not be able to provide you with a credit facility. Why not give us a call on 020 3984 9136 to discuss your situation in more detail
120 monthly repayments of: £847
This calculator is only an example, your actual rate will vary based on your circumstances. The above calculation is based on an interest rate of 4.95% per year and assumes the credit facility is drawn out in full over the 120 month term duration. The maximum Cumulative Loan to Value we can lend up to is 75%.
Significantly cheaper interest rates
Our rates start from 4.95% per year, making our credit facility one of the most affordable currently on the market.
A credit facility that you can dip in and out of
Our flexible facility acts like a line of credit that you can access whenever you like. With no early repayment charges, you can draw down, and pay back whenever you like.
Check your eligibility in minutes
Our application form takes a matter of minutes to fill out and won't affect your credit score. We'll then get back to you with a personalised rate.
The Selina Business Loan is a second charge mortgage on your residential property, meaning that you can use the equity in your property as security for the Selina loan on top of your existing mortgage(s).
The Selina Business Loan must be used exclusively for business purposes such as funding your business expansion, refinancing your business or to cover working capital fluctuations.
The Selina Business Loan works like a line of credit. You can draw down as much as you need from your credit limit and repay your Selina Loan without any early repayment or other fees.
Applying for a Business Credit Facility
Apply online and we will send you a personalised rate in matter of minutes. There is no obligation to accept.
Submit your supporting documents
Once your eligibility is confirmed, simply submit your documents to us.
Receive your funding
Within days you can have access to your credit facility. Draw down whatever you need in minutes and always with no fees.
Our eligibility criteria
- A business that has been trading for at least 18 months
- An individual borrowing for a business purpose
- Own at least one residential property (main residence or buy-to-let) in the UK with less than 75% LTV (loan to value)
- Have lived in the UK for a minimum of 3 years and have permanent right to reside
- Strong credit history
Trusted by small and large businesses
We've funded individuals from across the UK and helped them achieve their goals
James Sinclair is the founder of the Partyman Company, one of the UK’s most exciting leisure companies. We provided him with a credit facility of £250,000 that will enable him to reinvest the profits made from his business in property.
Joe Kempster is a 21 year old butcher from Kettering who was looking to establish his very own business. We provided him with an affordable credit facility of £50,000 that enabled him to buyout the owners of a local butcher’s
Phoenix Truck and Trailer Maintenance borrowed £200,000 as they look to hire new staff following the completion of their new state of the art warehouse. We provided them with a large credit facility at competitive rates to achieve their goals and help them grow.
Ready to take the next step for your business?