Rating based on 7 reviews



  • Business loans up to £350,000
  • No charges for early repayment
  • Repayment up to 24 months

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Spotcap homepage

Author Spotcap. Screenshot of Spotcap website. [Accessed September 5, 2019]

About Spotcap

Spotcap is an original online loan company for small and medium businesses.

Our company was launched in 2014 and is guided by CEO Dr Jens Woloszczak and MD Niels Turfbroer. We're located at the headquarters in Berlin, operating in Spain, the Netherlands, the UK, Australia and New Zealand.

How does it work?

  • A business loan of up to £250k that turns into a loan when you drawdown.
  • Repayment period from 1-24 month terms.
  • The application can be done online.
  • We make our decision in 24 hours.
  • Committed clients service.
  • No early repayment fees

Our lending requirements

We help businesses that are located in the United Kingdom. Your annual turnover should at least be £500k or more. A business that has at least done three years of trading and that is profitable and can potentially sustain.

Spotcap Services

We use a unique credit technology to give us a deep comprehension if the financial statements of a business.

This allows us to make fast, sound decisions about providing loans. We analyse your real-life business and cash flow details rather than simply basing our resolution solely on your credit score.

Reasons to set up a line of credit

  • Control cash flow
  • Bridge receivables
  • Strengthen your receivables
  • Invest in new equipment

What is a line of credit

A line of credit is a business loan agreement giving you flexible entrance to the finance your business demands. Once your application has been thoroughly evaluated and if the quick cash loan is accepted, the capital is available to drawdown. Each sum of money drawn down becomes repayable in monthly instalments. You will only pay interest on the capital you loaned.

Spotcap Product Details

  • Loan Type Business loans
  • Loan Amount up to £350,000
  • Repayment 24 months

Summary of Services

  • Funds are available immediately after approval
  • No hidden fees
  • Quick decision

Our business loan products are reliable and straightforward

The Spotcap business loan is a present-day solution for the needs of today’s business.

You apply online by providing key information and uploading a set of financial documentation. Your application is processed by our professional underwriters and our distinctive, credit assessment technology. Spotcap is a supplier of business financing and personal loans in the UK, mainland Europe and Australia. We use an easy online application to establish the financial wealth of your business and let you know how much capital you can acquire.

What do we offer?

We authorise SME's with customised finance, allowing them to focus on what's really important to their business. We are fuelled by a basic belief that simple access to financing products is advantageous to business owners. Today business owners want a faster, more adaptable approach to loaning. We offer fully unsecured business loans and use technology to make the loaning process straightforward and swift.

Partner with Spotcap

You can apply for a business loan with Spotcap even with bad credit. Once your application is successful, you are given a credit line which will commit to staying available for a period of one month. After the end of this period, you can as us to re-evaluate your financial conditions in order to provide you with a new credit line. The change of interest you are charged is established on your risk profile. It is only charged on your unsettled balance, meaning you are not penalised for making early repayments.

Where do we deposit your Spotcap loan

Once your Spotcap credit line is endorsed, you can draw capital into your business account. Capital will be transferred into the bank account you stated on your application for the credit line. We begin the transfer immediately after you request it and it is normally with you by the next working day, depending on your bank.

Customer Reviews & Testimonials

May 2019

They helped me out of a tight spot! Thank you so much, Spotcap

Kim A
— London —

February 2019

I was surprised they gave me a loan even with my bad credit

Anthony L
— Liverpool —

September 2018

I got my loan within the 24 hours that I applied for it

Jack E
— London —

February 2019

Their application can be done online. I didn't even have to leave the office

Jacob M
— Oxford —

Spotcap Contact Details

Physical Address

Opening Hours

  • Monday 09:00 – 18:00
  • Tuesday 09:00 – 18:00
  • Wednesday 09:00 – 18:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed