Are you overpaying
on business finance?
Most UK business owners are paying more than they need to. Enter your loan details and we'll compare your rate against the market — takes about 30 seconds.
Check your rate →Free · Independent · Not financial advice
Where would you like to start?
I have a Bounce Back Loan I'm worried about
PAYG options, refinancing, and what to do if repayments are difficult
My Merchant Cash Advance is hurting my cash flow
Understand the true cost, how to exit, and cheaper alternatives
I have multiple debts and don't know where to start
When consolidation saves money — and when it makes things worse
I think I'm paying too much on my business loan
Compare your rate against the market in 30 seconds
I've been offered a better deal — is it worth switching?
See if the saving outweighs exit penalties and arrangement fees
I want to repay my loan early but I'm not sure of the penalties
How ERCs work and whether early repayment makes financial sense
Guides
All guides →What Rate Should I Be Paying on a Business Loan in 2026?
Market rate benchmarks for every type of UK business finance — from unsecured term loans and asset finance to merchant cash advances. Updated quarterly with Bank of England data.
LoanLens is independent — we don't lend money, broker deals, or work for any lender. Our calculators use publicly available market data sourced from the Bank of England, British Business Bank, and direct lender research. We provide information and tools, not regulated financial advice. You decide what's right for your business.
How our calculators work
We use standard amortisation formulas to calculate your current monthly repayments, then compare them against typical market rates for your loan type and size. The difference is your potential saving.
Market rate data comes from the Bank of England effective interest rate tables, British Business Bank Small Business Finance Markets reports, and our own monitoring of published lender rates. Rates are reviewed and updated at least quarterly.
Calculator results are estimates. Your actual rate will depend on your credit profile, business history, and the lender's criteria. We always recommend speaking to a qualified financial adviser before making decisions about your business finance.
LoanLens provides information and educational tools, not regulated financial advice. We are not authorised or regulated by the Financial Conduct Authority. Calculator results are estimates based on the information you provide and typical market data. Always seek independent professional advice before making financial decisions.