Selina Finance
London fintech offering property-secured credit lines and second-charge loans. Originally launched a business credit line product against directors' residential property; product mix now skews more toward HELOC-style consumer lending. Useful for director-owners willing to use home equity to back business borrowing, with the trade-off that home equity is the security.
Quick verdict
- Product: Property-secured business and personal credit lines.
- Ticket band: £10k to £500k.
- Pricing: From 7.99% APR.
- Selina Finance says it uses a soft search at quote stage, which other lenders cannot see on your credit file.
At a glance
Selina Finance, at a glance
- Legal entity
- Selina Finance Limited
- Companies House
- 11497606
- Founded
- 2018
- Product
- Property-secured business and personal credit lines
- Ticket range
- £10k to £500k
- Decision time
- 3 to 10 business days
- Ltd-only
- No, the lender also accepts other structures
Where Selina Finance is strong
- Soft-search at quote, no credit-file footprint.
- Headline APR transparency unusual for property-secured business lending.
- FCA-regulated.
Watch-outs, and when another lender may suit better
- Director residential property is the security, not business assets.
- Business credit line product may be deprioritised vs consumer HELOC line.
- Second-charge structure adds legal cost vs unsecured term loan.
Best fit applicants
- Director-owners with residential equity
- Working capital £50k to £300k
- Borrowers wanting headline APR transparency
Where Selina Finance is the wrong fit
- Borrowers without residential property equity
- Pure business-asset lending
- Fast bridging needs
If declined by Selina Finance
If your application to Selina Finance is declined, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our guide to why lenders decline, by reason.
Other lenders we list
- 365 Business Finance, Merchant cash advance (revenue-based finance)
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
How we rate Selina Finance
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
FAQ
What can I borrow through Selina Finance?
Selina Finance offers property-secured business and personal credit lines. Ticket range: £10k to £500k. Typical rate: From 7.99% APR.
How long does Selina Finance take to decide?
3 to 10 business days Selina Finance says checking eligibility uses a soft search, so it does not affect your credit score.
Who is Selina Finance the best fit for?
First on the list: Director-owners with residential equity. The full list is under Best fit applicants above.
When might another lender suit better than Selina Finance?
First on the list: Borrowers without residential property equity. The other cases are under Where Selina Finance is the wrong fit above.
Send an enquiry
Tell us what you need in 2 minutes. FundBiz is not a lender and does not run a credit check. We pass your enquiry to a business finance broker, who will contact you about your options. For limited companies, LLPs and partnerships with four or more partners.
Send an enquiry →Official site: Selina Finance
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.