Who can apply for a business loan with Ampere?

Who can apply business loan

UK registered enterprises (LTD, LLP, LP)
with UK and EU-based directors

  • Businesses that accept card payments
  • Businesses with a minimum of 3 months of trading
  • Small and medium businesses
  • Start-ups
  • Corporations


How do business loans work?

A business loan is a loan taken out by a business to pay for business expenses such as equipment, to cover operating expenses, or to expand into new markets. Businesses must then repay their lender according to the loan terms, which dictate the length of the loan and the interest rate.

What information do I need to provide to apply for an Ampere business loan?

We will ask you for information about your business, like your yearly revenue, how you accept payments from your customers and statements from other business accounts that you may have.

What is the repayment process?

We provide business loans that are tailored for each of our clients individually. The same goes for the repayment process. Some loan providers may want an agreed monthly fixed rate, and some may wish for a more flexible repayment from a monthly income/revenue percentage.

What happens if I miss a repayment?

As with the repayment process, this will depend on the loan and repayment process you agree on. Conditions for a missed repayment will be stated in the offer from the loan provider before you accept it.

How do I qualify for a business loan in the UK?

To qualify for an Ampere business loan, you need an Ampere business account and an active operating business in the UK.
Here are common questions about business during the application review:
Credit score: Your company's credit score will be checked via open sources, and information about your and your company's existing loans/credits/mortgages may be required.
Annual revenue: Often requires businesses to meet a minimum level of income to be considered for a loan. Thus, you will be asked to provide statements from all your business accounts related to the company.

Is a business loan considered income in the UK?

No, business loans are not generally considered business income. That's because a loan is money you have borrowed and are paying back.