STAX: products, terms and eligibility

STAX is a UK provider of unsecured business loans. The legal entity named on its site is STAX Capital Ltd. It gives its founding year as Founded in 2023.

STAX Capital Ltd says it was established in 2023 by individuals with business experience, to offer a simple lending product to UK SMEs. Its site does not publish a company number or address in the pages read.

Everything on this page comes from what STAX publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

STAX publishes one product for UK businesses. The table above gives the amounts and terms as it states them.

• STAX Loan (unsecured cashflow loan): Flexible repayment options; early repayment possible after 6 months by repaying the remaining capital.

STAX Loan (unsecured cashflow loan)

An unsecured cashflow loan of £5,000 to £25,000 for SMEs in England and Wales, with a standard term of 2 years and capital repayments of up to 7 years. It says early repayment is possible after 6 months by repaying the remaining capital. STAX describes it as a single product that is easy to understand.

STAX says its finance is used for:

• Contract working capital
• Hires
• Asset purchases
• Business fit-outs

What it says it does not fund:

• Businesses outside England and Wales

STAX publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• SMEs in England and Wales.
• Application form, 6 months of bank statements and latest filed accounts (if available).

STAX describes its process like this:

1. Complete the online application form.
2. Submit bank statements and accounts.
3. STAX makes a decision.
4. Funds are paid out if approved.

Information it says it asks for:

• Application form
• 6 months of bank statements
• Latest filed accounts, if available

Every application is subject to status and the lender’s own criteria at the time.

An unsecured business loan is a fixed sum repaid in instalments over an agreed term, without a charge over a specific asset. Most lenders still ask the directors for a personal guarantee, which makes them personally liable if the company cannot repay.

Lenders price each loan on the business’s trading history, turnover and credit profile, so the offer you receive can differ from the published range. Compare the total cost in pounds and the repayment pattern, not only the headline rate: our guide on how to compare business loan lenders shows how.

Points STAX publishes that are worth knowing:

• Unsecured loan.
• States early repayment is possible after 6 months with no penalties, repaying the remaining capital.
• Lends to SMEs in England and Wales.

Security and guarantees

The loan is unsecured. Early repayment is possible after 6 months by repaying the remaining capital.

The pages we checked do not carry a regulatory statement, so we describe none. Ask STAX how it is regulated and check any claim on the FCA Register.

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of unsecured business loans with profiles here include Swiftfund, Swishfund and iwoca. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.