Loan providers

Wonga 

It has been known as the expensive borrowing in the UK with 5853% APR
It easy to borrow, but the amount is only 400 for 1st timer and increase slightly for existing customers.
The length of borrowing is short.

Amigo loan

http://www.amigoloans.co.uk/
The rate is cheap 49.9% APR
The length can be up to 60 month, the amount can be up to 5000
However, it require UK citizen house owner as the guarantor.

IWOCA

The rate is 48% APR
Length 6 month, amount up to 50000
Can repay early
Require business on ebay, website...
Evaluate take up to 24h

EZBOB

Rate is 48.9%
Interest reduction during loan term up to 20%
Reduction interest rate for existing customers up to 20%
Length 12 month, amount up to 50000
Can repay early
Require business, driving licence, landline
Evaluate 24h

How to finance your business with borrowing

How to finance your business by loan is one of difficulty of small business.

1) Bank
You can apply for loan in your bank. It is the most common for everyone. However it may not be sufficient since they require security and a lot of other stuffs. The reason is after financial crisis, banks are scared of bad debt.

2) Venture Capitalist
You can borrow from venture capitalist. It is not easy to get but they not only provide you with the fund, but also opportunity to promote your business. However, you may lose some % of share in your business.

3) Credit cards
You can borrow using credit card with quick payment and flexible repayment. However, you can only accessed to limited of funds.
You can apply at most of the bank for credit cards like Lloyds, HSBC, Barclays.
Also you can apply for at Tesco, Asda, Morrison
They will check your credit and some information.
Besides, you can apply online for CapitalOne, Luma and so on. Capitalone does not require you to give much information and don't really check your credit rate carefully.

4) Online loan
Wonga can provide you payday loan up to 400 without checking carefully your credit rate. However, the interest rate is incredibly high. There system has the problem with name, if your first name or last name has 2 characters, it will not allow you to get loan.