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Are your business loans costing more
than they should?

A merchant cash advance (MCA) with a 1.3 factor rate can cost 35–50% APR. Multiple loans from different lenders often mean you're paying more than you need to. Free tools and plain-English guides to help UK business owners understand the real cost — and what to do about it.

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Overpaying

Are You Overpaying on Your Business Loans?

Most UK business owners don't know the true cost of their loans. This guide shows you the signs — and what you can do about it.

10 min readUpdated Apr 2026

Think you might be overpaying?

We'll connect you with FCA-authorised commercial finance brokers who can check your options across multiple lenders — without affecting your credit score at this stage.

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LoanLens is independent — we don't provide finance and we don't work for any lender or provider. Our calculators use typical market rates from UK Finance industry data and Bank of England base rate information. We provide information and tools, not financial advice. You decide what's right for your business.

Free to useNo signup requiredIndependentNot financial advice

LoanLens provides information and educational tools to help you understand your business finance options. We do not provide financial advice. Calculator results are estimates based on indicative market rates — they are not quotes or guarantees. Actual costs depend on your business circumstances, sector, and provider terms.