Why £10k Monthly Revenue Opens More Doors
Most business lenders set minimum revenue thresholds to manage risk. A turnover of £10k per month typically clears the bar for many mainstream and alternative lenders.
At this level, you may have access to:
- •Unsecured business loans. Borrowing without putting up assets as security.
- •Revenue-based finance. Repayments that flex with your income.
- •Business lines of credit. Flexible access to funds when you need them.
- •Invoice finance. Releasing cash tied up in unpaid invoices.
- •Asset finance. Spreading the cost of equipment or vehicles.
The specific products available depend on your circumstances, but £10k monthly revenue puts you in a reasonable position to explore.
What Else Matters Beyond Turnover
Revenue gets you through the door, but lenders look at the full picture before making a decision.
Trading history. At least 12 months is typically required. Longer is better.
Cash flow patterns. Lenders review your bank statements to understand how money moves through your business. Consistent, healthy cash flow is usually required.
Existing commitments. Other loans, credit cards, or finance agreements affect how much additional borrowing is sensible.
Credit history. Both business and personal credit may be considered, particularly for smaller companies.
Sector and risk. Some industries are viewed as higher risk than others, which can affect terms or availability.
How Much Could You Realistically Borrow?
There is no fixed formula, but many lenders offer amounts based on a multiple of monthly revenue. At £10k per month, you might realistically be looking at loans in the range of £10,000 to £50,000, depending on the lender, term, and your overall financial position.
Borrowing more than you need increases your costs and repayment burden. It is worth being clear about what you actually require before exploring options.
The Case for Checking Eligibility First
Even with solid revenue, there is no benefit to applying blindly. Different lenders have different criteria, and an application that triggers a hard credit search can affect your file whether you are approved or not.
Checking eligibility first lets you see which lenders are likely to consider your business. You can then decide whether to proceed, compare options, or wait for a better moment.
It takes a few minutes, requires no documents, and has no impact on your credit score.
See what options may be available for your business. Check your eligibility with Floka in minutes, with no credit impact and no obligation.
Check eligibilityFloka Team
Business Finance Experts