Small business loans Yorkshire

Championing small businesses in Yorkshire with flexible finance up to £250k.

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Flexible finance for businesses in yorkshire

Yorkshire, once anchored in classic industries such as textiles and manufacturing, is now witnessing a dynamic transformation.

North Yorkshire, once reliant on agriculture and small-scale manufacturing, is transforming, with cities like York and Harrogate embracing new opportunities.

West Yorkshire, including Leeds and Bradford, has shifted from textiles to thriving sectors like finance, law, retail, and technology.

Meanwhile, South Yorkshire, historically rooted in coal and steel, is evolving into a hub for creativity and business innovation in cities like Sheffield and Doncaster.

How can my Yorkshire business use a business loan

Working capital

This is for the everyday money needs like paying your team, covering bills, and other regular costs.

Start-up costs

Got a new business idea? Use the loan for starting out costs like getting licenses, permits, and buying your initial gear.

Scaling up

Ready to make your business bigger or go into new areas? There’s money to support that move.

Inventory

Need stuff to sell or materials to make your products? The loan can help buy all that.

Technology

If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.

Property

Whether you’re buying a new place for your business, fixing up your current one, or giving it a makeover, there’s cash for that.

What business loans are available in Yorkshire

We support the different business needs and stages of businesses in Yorkshire. So, no matter your sector, the size of your business or how long you’ve been trading, we have a loan that can be tailored to fit your needs.

If you want to borrow up to £25,000 and haven’t started trading or have been trading for less than 36 months, a Start Up Loan could be a better option.

Learn more about a Start Up Loan
Small business loan Small business loan

For new and existing businesses with larger projects.


  • Competitive interest rates
  • Flexible repayment 1 to 5 years
  • Get funds within 2-3 weeks
  • Minimal setup fees
  • Minimal early repayment fees
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Small business loan NPIF II

Perfect for an entrepreneur wishing to start your own business, an early stage business, or more established small business looking to grow.


  • Drives sustainable economic growth
  • Provides diverse finance options
  • Supports businesses in the Humber and Yorkshire
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What our clients say

We measure our success by the achievements of the businesses we support. Here’s what some of our clients have to say about their journey with us.

    “Our partnership with BEF has been instrumental in realising our growth aspirations. This NPIF loan has empowered us to better serve our community and expand our horizons.”

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    Tomas Oppedal

    “The BEF funding has allowed us to fast-track the development of our passive homes, and we are thrilled to see our vision becoming a reality. We’ve already seen a tremendous impact, from the creation of jobs to the sustainable living solutions we are providing for families.”

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    David Bradley-Bowles

    Why choose BEF

    Fair rates for Yorkshire

    Our interest rates are set to match what's going on in North, West and South Yorkshire, making it easier for businesses to grow without getting weighed down by costs.

    Local help from local experts

    Our team is made up of local experts who understand the business landscape in Yorkshire. We tailor our services to provide you with the most relevant advice and solutions for your business.

    Fast loan approval

    We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.

    We understand Yorkshire

    Our loans address the challenges that local businesses face, providing real support that makes a meaningful impact on businesses and communities in the region.

    We’ve designed our loans to meet the specific needs of your business, addressing the unique challenges you may encounter. Discover how our innovative approach can help your business start, grow, and thrive.

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    Your frequently asked questions

    Have questions? We have answers. If you don't see your question here then reach out to us via our contact page.

    Get in touch
    Is my business eligible?
    What can I use a BEF small business loan for?
    How long does an application take to be approved?
    Can I use a small business loan to start a new business?
    How do I apply for a small business loan from BEF?
    How do I grant permission for BEF to access my financial data using Open Banking?
    What is a personal guarantee?

    How do I get started

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    1. Fill out enquiry form

    Complete our online enquiry form. It takes just a minute.

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    2. Submit the form

    This action sends your information directly to our investment team, who will begin reviewing your request.

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    3. Await contact

    A member of our investment team will get back to you within two working days.

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    4. Receive guidance on next steps

    They'll guide you on your next steps, including how to complete a full application.