Flexible secured funding for businesses

Selina’s Business team offer flexible secured lending products to businesses. Established in 2019, our team is based in London & Manchester.

We offer our unregulated business  lending products to limited companies  and can secure on residential or buy-to-let properties.

If you are interested in introducing clients to us, please contact our team or click through to our submission form.

Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

How it works

Borrowers can draw down the funds they need from the facility.

Monthly repayments are calculated on the drawn funds balance.

Your loan will amortise from day one to ensure that at the end of the term the balance would be zero. This will lead to the facility limit reducing during the initial 5-year flexible period and the following term loan.

Flexible period where borrowers can continually redraw up to their credit limit.

Overpayments can be made without incurring charges; overpaying frees up available funds for further drawdown in years 1-5.

At the end of year 5: the flexible period ends and the loan balance reverts onto a standard term loan for the remainder of the term (the ‘residual loan’)

Residual loan
Paid off on a capital and interest basis until the end of the term or when the loan is refinanced. 

A flexible business finance solution

Product overview

  • Borrow as a limited company
  • Facilities from £25k to £1m
  • Rates starting at 4.8%*
  • One simple product fee
  • Borrow up to 75% of the property value
  • Secure on a main residence or buy-to-let
  • No early repayment charges
  • Flexible line of credit for up to 5 years
  • Repayment terms up to 30 years

*Subject to an affordability assessment and creditworthiness assessment.

Contact us

020 3984 8578


What is a Selina Business Credit Facility?

Selina’s Business Credit Facility offers Limited Companies the ability to secure a low cost revolving credit facility against a residential or buy-to-let property on a 1st, 2nd or 3rd charge basis.

How can I use it?

You can use your BCF for any business purpose.

You drawdown and repay as and when you see fit for the first five years of the facility - similar to an overdraft. Giving you a high degree of flexibility in this period.

In year 6 onwards, the outstanding balance will convert to a term loan for the remainder of the term.

What rates and fees apply?

There is a product fee to set up this facility, interest rates are from 4.8% per annum* (subject to change relating to the Bank of England base rate).

*Representative Example: A Selina BCF of £50,000 drawn out in full over 25 years at a variable rate of 4.80% for the term of the loan would result in 300 monthly payments of £286.50.

With a £1,000 product fee paid up front, equivalent to 2% of the facility limit, the total cost after 25 years is £85,949.54, which includes £35,949.54 interest.