Unsecured Business Loans
for Small and Medium Sized Enterprises (SMEs)

Formax understands entrepreneurs and has designed

its platform to offer quick and transparent access to funding – at affordable rates.

Business Finance

With loans starting from £25,000, Formax is open to businesses of all sizes.

We offer business loans to small and medium businesses (SME). Apply for a loan today.


Applicants must be at least 21 years old and their businesses need to have been active for at least one year and achieved annual revenues of £60,000. They must have no unsettled CCJs over £250. A personal guarantee is required.

Low Fees and Rates

Our rates and fees are among the best available for unsecured business loans. Starting at just 5.75 per cent, Formax has some of the most competitive rates in the market and competitive even against some secure lending products.

Business Finance

Small and Medium Sized Businesses

Borrow between £25,000.00 - £100,000.00

6 Months
6 months60 months
Completion Fee

Interest Rate*

0.00% Fixed (pa)

Total Payable


Total Interest


Monthly Payment


Completion Fee*


Total Receivable



The completion fee ranges from 1.25% to 5.00%

Fees are Fixed
No Hidden Charges
Complete Transparency

The fees you pay are pre-agreed during the application process and do not increase throughout your loan.

You can choose to pay the fee upfront or add it to your loan

No early settlement fee

You can repay your loan early without incuring any additional fees

*Results are based on our A+ ratings band for business loans. This should only be used as a guide.

Loans are subject to availability. The rate you will pay will depend on our assement and your credit profile. The APR is inclusive of completion fee.

Please note that your rate will be lower if the completion fee is paid upfront.

How it Works


Choose how much your business needs and your preferred term of repayment ranging from 6 to 60 months.

Apply Online

Check your business' eligibility by filling out our application form and receive your loan within days.


Keep track of your loan status and monthly payments, or repay your loan early at any time without incurring additional fees.

SME Unsecured Business Loans from
£25,000 to £100,000 from 6 to 60 months.

Learn More