Tide Small Business Loan – 2025 Application Guide (UK)
✅ Eligibility Criteria:
To qualify for a Tide small business loan, your business must:
Be a UK-registered company or sole trader
Have a Tide business account (loan offers are visible in the app)
Be trading for at least 6–12 months
Show consistent business income
Have a good credit profile (personal or business, depending on loan type)
📄 Required Documents:
Tide uses Open Banking data, so minimal paperwork is needed, but you may need:
Valid Photo ID (passport or driving licence)
Business registration number or UTR
Recent bank statements (if not using Tide’s bank account)
Proof of income or invoices (optional in some cases)
Company details (directors, address, trading activity)
💷 Loan Features & Processing Fees:
Loan Amount: £1,000 – £500,000
Loan Term: 1 month to 5 years (varies by offer)
Interest Rate: Typically 9% to 25% APR depending on credit profile
Processing/Arrangement Fee: Often included in APR (no hidden fees)
Early Repayment Fee: Usually no penalty
Funds disbursed within 1–3 business days of approval
⚙️ Loan Types Offered by Tide:
Tide Credit Line (flexible credit that you only pay for when used)
Term Loans (repay over fixed monthly schedule)
Invoice Finance (advance based on unpaid invoices)
Merchant Cash Advance (repay via card sales %)
📝 Application Process:
Step-by-Step:
Open a Tide Business Account (free online within minutes)
Go to the “Credit” section in the Tide app/dashboard
View pre-approved loan offers (if available)
Choose loan type and amount
Fill short application & connect bank via Open Banking
Receive approval decision within hours or up to 1–2 working days
Funds are sent to your Tide account (or linked account)
🔍 Tips to Get Approved:
Keep a good personal/business credit score
Use your Tide account actively to build trust
Ensure steady incoming payments into the account
Avoid recent overdrafts or rejected payments
Tide Small Business Loan – 2025 Application Guide (UK)
✅ Eligibility Criteria:
To qualify for a Tide small business loan, your business must:
Be a UK-registered company or sole trader
Have a Tide business account (loan offers are visible in the app)
Be trading for at least 6–12 months
Show consistent business income
Have a good credit profile (personal or business, depending on loan type)
📄 Required Documents:
Tide uses Open Banking data, so minimal paperwork is needed, but you may need:
Valid Photo ID (passport or driving licence)
Business registration number or UTR
Recent bank statements (if not using Tide’s bank account)
Proof of income or invoices (optional in some cases)
Company details (directors, address, trading activity)
💷 Loan Features & Processing Fees:
Loan Amount: £1,000 – £500,000
Loan Term: 1 month to 5 years (varies by offer)
Interest Rate: Typically 9% to 25% APR depending on credit profile
Processing/Arrangement Fee: Often included in APR (no hidden fees)
Early Repayment Fee: Usually no penalty
Funds disbursed within 1–3 business days of approval
⚙️ Loan Types Offered by Tide:
Tide Credit Line (flexible credit that you only pay for when used)
Term Loans (repay over fixed monthly schedule)
Invoice Finance (advance based on unpaid invoices)
Merchant Cash Advance (repay via card sales %)
📝 Application Process:
Step-by-Step:
Open a Tide Business Account (free online within minutes)
Go to the “Credit” section in the Tide app/dashboard
View pre-approved loan offers (if available)
Choose loan type and amount
Fill short application & connect bank via Open Banking
Receive approval decision within hours or up to 1–2 working days
Funds are sent to your Tide account (or linked account)
🔍 Tips to Get Approved:
Keep a good personal/business credit score
Use your Tide account actively to build trust
Ensure steady incoming payments into the account
Avoid recent overdrafts or rejected payments