Lendus.

Business Loans in Aberdeen

Compare unsecured, secured, and merchant cash advance rates from 200+ UK lenders serving Aberdeen and Scotland businesses. Matched in 2 minutes, no credit check.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Rates

From 6.9% APR

Unsecured, secured, or MCA

Amounts

£1k - £5M

Speed

24-48 hours

Aberdeen

18k

businesses

Compare business loans rates in Aberdeen — 2 minutes, no credit check

Check Eligibility

Business Loans explained

A business loan gives your company a lump sum of funding to use for any business purpose — working capital, expansion, stock, equipment, marketing, or managing cash flow gaps. You repay in fixed monthly instalments over an agreed term.

How business loans works

You apply with details about your business (turnover, trading history, purpose) and the amount you need. The lender assesses your application and, if approved, offers you a rate and term. Once you accept, funds are typically in your account within 24-48 hours for unsecured loans.

Business Loans options in Aberdeen

Unsecured Business Loan

No collateral required. Amounts typically £1k-£500k. Rates from 6.9% APR. Decisions in 24-48 hours.

Secured Business Loan

Lower rates, larger amounts (up to £5M). Property or assets used as security. Rates from 4.5% APR.

Merchant Cash Advance

Repay as a percentage of daily card sales. No fixed monthly payments. Ideal for retail and hospitality.

Representative example

Borrow £50,000 at 9.9% over 36 months. Monthly repayment: ~£1,613. Total repayable: ~£58,068. Your rate depends on your circumstances.

Ready to compare business loans in Aberdeen?

Check Eligibility

Common uses for business loans in Aberdeen

Business Loans for Aberdeen businesses

Aberdeen is the energy capital of the UK, historically built around North Sea oil and gas extraction and now at the forefront of the country's energy transition, with major investment flowing into offshore wind, hydrogen, and carbon capture projects centred on the city's established energy services supply chain. The city hosts European headquarters for many global energy companies including bp, Shell, and TotalEnergies, alongside hundreds of specialist engineering, subsea, and energy services businesses. Aberdeen's food and drink sector — particularly North Sea fishing, whisky distribution, and premium food exports — and a growing life sciences cluster at Foresterhill Health Campus add further diversification to the local economy. With 18k registered businesses across Scotland, Aberdeen has strong demand for competitive business loans.

Our panel of 200+ UK lenders includes providers serving the Scotland area. Whether your Aberdeen business needs working capital and cash flow or business expansion and growth, we compare rates across the full market in 2 minutes.

Oil & GasEnergy Transition & RenewablesLife SciencesFood & Drink

Business Loans with bad credit in Aberdeen

Several specialist lenders on our panel work with Aberdeen businesses that have imperfect credit histories. Our eligibility check uses a soft search only — no impact on your credit score. Check your options in 2 minutes.

Compare rates from 200+ lenders serving Aberdeen

Check Eligibility

Business Loans in Aberdeen: frequently asked questions

What business loans are available in Aberdeen?
All loan types are available to Aberdeen businesses — unsecured, secured, and merchant cash advances. Our 200+ lender panel has no geographic restrictions within the UK. Aberdeen businesses can access the same rates and products as London-based companies.
How much can I borrow for my Aberdeen business?
From £1,000 to £5 million depending on your business turnover, trading history, and the type of loan. Most Aberdeen businesses borrow between £10,000 and £250,000. Secured loans allow larger amounts if you have property or assets.
What are business loan rates in Aberdeen?
Business loan rates start from around 6.9% APR for the best-qualified borrowers with established businesses. Typical rates range from 8-25% APR depending on the amount, term, and your business profile. Location does not affect rates.
Can I get a business loan in Aberdeen with bad credit?
Yes. Several specialist lenders work with businesses that have imperfect credit. You may face higher rates or need a personal guarantee, but options exist. Our eligibility check uses a soft search only — no impact on your credit score.
How quickly can I get a business loan in Aberdeen?
Unsecured loans are typically approved within 24-48 hours, with funds in your account the same day or next business day. Secured loans take longer (5-15 working days) due to valuation requirements. The timeline is the same regardless of your Aberdeen location.
What documents do I need for a business loan?
For unsecured loans under £50,000, most lenders need 3-6 months of bank statements and basic business information. For larger or secured loans, you may need filed accounts, management accounts, and business forecasts. Many lenders now use Open Banking, reducing paperwork.
Is it better to get a business loan from my bank?
Not necessarily. Banks typically offer one product at one rate. Comparing through Lendus gives you access to 200+ lenders, including specialists who may offer better rates for your specific situation. Many Aberdeen businesses find better deals outside their main bank.
What can I use a business loan for?
Any legitimate business purpose — working capital, expansion, stock, equipment, marketing, refurbishment, hiring, or managing seasonal cash flow gaps. Unlike asset finance, business loans give you unrestricted cash to use as you see fit.

Learn more about business loans

Restaurant Business Loans How to Get a Business Loan Secured vs Unsecured Best Business Loans UK

Other finance in Aberdeen

Asset Finance Bridging Loans Commercial Mortgages Invoice Finance Development Finance

Find the best business loans in Aberdeen

Compare 200+ lenders in 2 minutes. No credit check.

Check Eligibility
Check Eligibility — 2 min, no credit check