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Lowest SME loan rate: 8.5% APR

183 offers from 8 institutions · Unsecured SME loan rates from Open Banking product data.

Lowest APR

8.5%
Barclays
BarclayLoan · £15001–£20000 · 12 months · fixed

recorded 2026-11-01 · source ↗

183 offers8 institutionsmedian 12.24%

Spread of recorded rates

8.5%9.8%11.0%12.3%13.5%14.8%16.0%17.3%
01
Barclays
BarclayLoan
Business loans · £15001–£20000 · 12 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
02
Barclays
BarclayLoan
Business loans · £15001–£20000 · 24 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
03
Barclays
BarclayLoan
Business loans · £15001–£20000 · 36 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
04
Barclays
BarclayLoan
Business loans · £15001–£20000 · 48 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
05
Barclays
BarclayLoan
Business loans · £15001–£20000 · 60 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
06
Barclays
BarclayLoan
Business loans · £15001–£20000 · 72 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
07
Barclays
BarclayLoan
Business loans · £20001–£25000 · 12 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
08
Barclays
BarclayLoan
Business loans · £20001–£25000 · 24 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
09
Barclays
BarclayLoan
Business loans · £20001–£25000 · 36 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
10
Barclays
BarclayLoan
Business loans · £20001–£25000 · 48 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
11
Barclays
BarclayLoan
Business loans · £20001–£25000 · 60 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
12
Barclays
BarclayLoan
Business loans · £20001–£25000 · 72 months · fixed · View at bank ↗
8.5 % APRrecorded 2026-11-01
13
HSBC UK
Small Business Loan
Business loans · £10001–£25000 · 12 months · fixed · View at bank ↗
8.6 % APRrecorded 2026-11-01
14
Barclays
BarclayLoan
Business loans · £5001–£10000 · 12 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
15
Barclays
BarclayLoan
Business loans · £5001–£10000 · 24 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
16
Barclays
BarclayLoan
Business loans · £5001–£10000 · 36 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
17
Barclays
BarclayLoan
Business loans · £5001–£10000 · 48 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
18
Barclays
BarclayLoan
Business loans · £5001–£10000 · 60 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
19
Barclays
BarclayLoan
Business loans · £5001–£10000 · 72 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
20
Barclays
BarclayLoan
Business loans · £10001–£15000 · 12 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
21
Barclays
BarclayLoan
Business loans · £10001–£15000 · 24 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
22
Barclays
BarclayLoan
Business loans · £10001–£15000 · 36 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
23
Barclays
BarclayLoan
Business loans · £10001–£15000 · 48 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
24
Barclays
BarclayLoan
Business loans · £10001–£15000 · 60 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
25
Barclays
BarclayLoan
Business loans · £10001–£15000 · 72 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
26
Santander UK
Business Loan
Business loans · £1000–£50000 · 12 months · fixed · View at bank ↗
11.2 % APRrecorded 2026-11-01
27
HSBC UK
Small Business Loan
Business loans · £1000–£10000 · 12 months · fixed · View at bank ↗
11.3 % APRrecorded 2026-11-01
28
Danske Bank UK
Variable Rate Business Loan
Business loans · £20001–£25000 · 60 months · View at bank ↗
11.50 % APRrecorded 2026-11-01
29
Danske Bank UK
Variable Rate Business Loan
Business loans · £15001–£20000 · 60 months · View at bank ↗
11.60 % APRrecorded 2026-11-01
30
Danske Bank UK
Variable Rate Business Loan
Business loans · £20001–£25000 · 48 months · View at bank ↗
11.60 % APRrecorded 2026-11-01
31
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £10000 · 60 months · View at bank ↗
11.69 % APRrecorded 2026-11-01
32
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £15000 · 60 months · View at bank ↗
11.69 % APRrecorded 2026-11-01
33
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £20000 · 60 months · View at bank ↗
11.69 % APRrecorded 2026-11-01
34
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £25000 · 60 months · View at bank ↗
11.69 % APRrecorded 2026-11-01
35
AIB (NI) / First Trust Bank
Business Loan
Business loans · £5000 · 60 months · View at bank ↗
11.7 % APRrecorded 2026-11-01
36
AIB (NI) / First Trust Bank
Business Loan
Business loans · £25000 · 60 months · View at bank ↗
11.7 % APRrecorded 2026-11-01
37
AIB (NI) / First Trust Bank
Business Loan
Business loans · £10000 · 60 months · View at bank ↗
11.7 % APRrecorded 2026-11-01
38
AIB (NI) / First Trust Bank
Business Loan
Business loans · £15000 · 60 months · View at bank ↗
11.7 % APRrecorded 2026-11-01
39
AIB (NI) / First Trust Bank
Business Loan
Business loans · £20000 · 60 months · View at bank ↗
11.7 % APRrecorded 2026-11-01
40
Danske Bank UK
Variable Rate Business Loan
Business loans · £15001–£20000 · 48 months · View at bank ↗
11.70 % APRrecorded 2026-11-01
41
Danske Bank UK
Variable Rate Business Loan
Business loans · £10001–£15000 · 60 months · View at bank ↗
11.70 % APRrecorded 2026-11-01
42
Danske Bank UK
Variable Rate Business Loan
Business loans · £20001–£25000 · 36 months · View at bank ↗
11.70 % APRrecorded 2026-11-01
43
AIB (NI) / First Trust Bank
Business Loan
Business loans · £5000 · 48 months · View at bank ↗
11.8 % APRrecorded 2026-11-01
44
AIB (NI) / First Trust Bank
Business Loan
Business loans · £25000 · 48 months · View at bank ↗
11.8 % APRrecorded 2026-11-01
45
AIB (NI) / First Trust Bank
Business Loan
Business loans · £10000 · 48 months · View at bank ↗
11.8 % APRrecorded 2026-11-01
46
AIB (NI) / First Trust Bank
Business Loan
Business loans · £15000 · 48 months · View at bank ↗
11.8 % APRrecorded 2026-11-01
47
AIB (NI) / First Trust Bank
Business Loan
Business loans · £20000 · 48 months · View at bank ↗
11.8 % APRrecorded 2026-11-01
48
Danske Bank UK
Variable Rate Business Loan
Business loans · £15001–£20000 · 36 months · View at bank ↗
11.80 % APRrecorded 2026-11-01
49
Danske Bank UK
Variable Rate Business Loan
Business loans · £10001–£15000 · 48 months · View at bank ↗
11.80 % APRrecorded 2026-11-01
50
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £10000 · 48 months · View at bank ↗
11.85 % APRrecorded 2026-11-01
51
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £15000 · 48 months · View at bank ↗
11.85 % APRrecorded 2026-11-01
52
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £20000 · 48 months · View at bank ↗
11.85 % APRrecorded 2026-11-01
53
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £25000 · 48 months · View at bank ↗
11.85 % APRrecorded 2026-11-01
54
AIB (NI) / First Trust Bank
Business Loan
Business loans · £15000 · 36 months · View at bank ↗
11.9 % APRrecorded 2026-11-01
55
Danske Bank UK
Variable Rate Business Loan
Business loans · £5001–£10000 · 60 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
56
Danske Bank UK
Variable Rate Business Loan
Business loans · £20001–£25000 · 24 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
57
Danske Bank UK
Variable Rate Business Loan
Business loans · £10001–£15000 · 36 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
58
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £10000 · 36 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
59
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £15000 · 36 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
60
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £20000 · 36 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
61
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £25000 · 36 months · View at bank ↗
11.90 % APRrecorded 2026-11-01
62
AIB (NI) / First Trust Bank
Business Loan
Business loans · £5000 · 36 months · View at bank ↗
12 % APRrecorded 2026-11-01
63
AIB (NI) / First Trust Bank
Business Loan
Business loans · £25000 · 36 months · View at bank ↗
12 % APRrecorded 2026-11-01
64
AIB (NI) / First Trust Bank
Business Loan
Business loans · £10000 · 36 months · View at bank ↗
12 % APRrecorded 2026-11-01
65
AIB (NI) / First Trust Bank
Business Loan
Business loans · £20000 · 36 months · View at bank ↗
12 % APRrecorded 2026-11-01
66
Danske Bank UK
Variable Rate Business Loan
Business loans · £5001–£10000 · 48 months · View at bank ↗
12.00 % APRrecorded 2026-11-01
67
Danske Bank UK
Variable Rate Business Loan
Business loans · £15001–£20000 · 24 months · View at bank ↗
12.00 % APRrecorded 2026-11-01
68
NatWest
Small Business Loan
Business loans · £20000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
69
NatWest
Small Business Loan
Business loans · £20000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
70
NatWest
Small Business Loan
Business loans · £20000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
71
NatWest
Small Business Loan
Business loans · £25000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
72
NatWest
Small Business Loan
Business loans · £25000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
73
NatWest
Small Business Loan
Business loans · £25000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
74
Royal Bank of Scotland
Small Business Loan
Business loans · £20000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
75
Royal Bank of Scotland
Small Business Loan
Business loans · £20000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
76
Royal Bank of Scotland
Small Business Loan
Business loans · £20000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
77
Royal Bank of Scotland
Small Business Loan
Business loans · £25000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
78
Royal Bank of Scotland
Small Business Loan
Business loans · £25000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
79
Royal Bank of Scotland
Small Business Loan
Business loans · £25000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
80
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £20000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
81
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £20000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
82
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £20000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
83
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £25000 · 12 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
84
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £25000 · 24 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
85
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £25000 · 36 months · fixed · View at bank ↗
12.18 % APRrecorded 2026-11-01
86
Danske Bank UK
Variable Rate Business Loan
Business loans · £10001–£15000 · 24 months · View at bank ↗
12.20 % APRrecorded 2026-11-01
87
NatWest
Small Business Loan
Business loans · £20000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
88
NatWest
Small Business Loan
Business loans · £20000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
89
NatWest
Small Business Loan
Business loans · £25000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
90
NatWest
Small Business Loan
Business loans · £25000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
91
Royal Bank of Scotland
Small Business Loan
Business loans · £20000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
92
Royal Bank of Scotland
Small Business Loan
Business loans · £20000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
93
Royal Bank of Scotland
Small Business Loan
Business loans · £25000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
94
Royal Bank of Scotland
Small Business Loan
Business loans · £25000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
95
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £20000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
96
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £20000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
97
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £25000 · 48 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
98
Ulster Bank (Northern Ireland)
Small Business Loan
Business loans · £25000 · 60 months · fixed · View at bank ↗
12.24 % APRrecorded 2026-11-01
99
AIB (NI) / First Trust Bank
Business Loan
Business loans · £25000 · 24 months · View at bank ↗
12.3 % APRrecorded 2026-11-01
100
AIB (NI) / First Trust Bank
Business Loan
Business loans · £10000 · 24 months · View at bank ↗
12.3 % APRrecorded 2026-11-01
101
AIB (NI) / First Trust Bank
Business Loan
Business loans · £15000 · 24 months · View at bank ↗
12.3 % APRrecorded 2026-11-01
102
AIB (NI) / First Trust Bank
Business Loan
Business loans · £20000 · 24 months · View at bank ↗
12.3 % APRrecorded 2026-11-01
103
Danske Bank UK
Variable Rate Business Loan
Business loans · £20001–£25000 · 12 months · View at bank ↗
12.30 % APRrecorded 2026-11-01
104
Danske Bank UK
Variable Rate Business Loan
Business loans · £5001–£10000 · 36 months · View at bank ↗
12.30 % APRrecorded 2026-11-01
105
AIB (NI) / First Trust Bank
Business Loan
Business loans · £5000 · 24 months · View at bank ↗
12.4 % APRrecorded 2026-11-01
106
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £10000 · 24 months · View at bank ↗
12.42 % APRrecorded 2026-11-01
107
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £15000 · 24 months · View at bank ↗
12.42 % APRrecorded 2026-11-01
108
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £20000 · 24 months · View at bank ↗
12.42 % APRrecorded 2026-11-01
109
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £25000 · 24 months · View at bank ↗
12.42 % APRrecorded 2026-11-01
110
Ulster Bank (Northern Ireland)
Ulster Variable Rate Business Term Loan
Business loans · £5000 · 60 months · View at bank ↗
12.44 % APRrecorded 2026-11-01
111
Danske Bank UK
Variable Rate Business Loan
Business loans · £0–£5000 · 60 months · View at bank ↗
12.50 % APRrecorded 2026-11-01
112
NatWest
Small Business Loan
Business loans · £10000 · 12 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
113
NatWest
Small Business Loan
Business loans · £10000 · 24 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
114
NatWest
Small Business Loan
Business loans · £10000 · 36 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
115
NatWest
Small Business Loan
Business loans · £15000 · 12 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
116
NatWest
Small Business Loan
Business loans · £15000 · 24 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
117
NatWest
Small Business Loan
Business loans · £15000 · 36 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
118
Royal Bank of Scotland
Small Business Loan
Business loans · £10000 · 12 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
119
Royal Bank of Scotland
Small Business Loan
Business loans · £10000 · 24 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01
120
Royal Bank of Scotland
Small Business Loan
Business loans · £10000 · 36 months · fixed · View at bank ↗
12.57 % APRrecorded 2026-11-01

Showing 120 of 183. All rows: JSON.

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Questions

What is the lowest SME loan rate in the UK right now?

Barclays BarclayLoan (£15001–£20000 · 12 months) at 8.5% APR, recorded 1 Nov 2026. RateSonar compared 183 offers from 8 institutions on the same basis.

Are these rates current?

Each row shows the date RateSonar last recorded it from the bank's page. Pages are captured twice a day; a row that could not be refreshed keeps its last recorded date and drops out of the ranking after three days.

Is this the rate I will get?

No. These are the rates lenders advertise. Your rate depends on your circumstances, and lenders may price individually. Use the bank's own quote.