A £500,000 business loan: structured for ambition, secured by expertise

Yes. £500,000 business loans are arranged regularly for established UK businesses with strong financials. At this level, both unsecured and secured options are available. Unsecured £500k loans are possible for businesses with substantial turnover and clean credit; secured loans against commercial property, residential property, or a debenture over the business typically offer better rates and higher certainty of approval. Sorbus Finance has access to lenders who actively seek quality large-ticket SME lending.

Lenders at this level typically require: 2–3 years of filed accounts (audited or certified for larger loans), 6 months of business bank statements, a clear statement of purpose and repayment plan, a credit search on the company and directors, and in many cases, details of any available security. Strong profit margins, low existing debt, and a credible management team all improve your prospects. We will pre-assess your profile before submitting to identify the strongest lender options.

Both options exist. Unsecured £500k loans are available from challenger banks and specialist SME lenders for businesses with strong balance sheets and trading records. Secured lending, typically a first or second charge on commercial or residential property, usually unlocks better rates, longer terms, and higher certainty of approval. We'll recommend the right structure based on your assets, credit profile, and preference.

At £500,000, the underwriting process is more thorough than for smaller loans. A decision typically takes 5–10 working days, with payout following 3–5 days after documents are returned. Secured lending involving a property charge will take longer due to legal and valuation requirements. We set realistic timelines upfront and manage the process to minimise delays.

Common uses at this level include: business acquisition or management buyout, commercial property purchase or deposit, major equipment or plant investment (where asset finance is not preferable), launching a new product line or market, significant recruitment or team build-out, or refinancing existing higher-rate debt at a lower rate. We will advise if another product, such as asset finance or a commercial mortgage, would be more suitable for your specific purpose.

Monthly repayments depend on the term and interest rate. At 6% over 5 years, monthly repayments on £500,000 are approximately £9,667. At 7% over 7 years, approximately £7,545. We provide indicative repayment schedules as part of our comparison so you can model the impact on your cashflow before committing to any application.