How long does it take to approve a business loan?

The length of time it takes to approve a business loan depends on the type of funding you have applied for. Some products, such as Merchant Cash AdvanceFlexible Loans or revolving credit have a very short turnaround and the approval process can take as little as 2 business days. Other types of funding, such as Start Up Loans or Equity and Grant finance have a much longer approval process which can take several months.

This is different from a transfer when you send money straight away.

‘Standing orders’ are recurring scheduled payments, for the same amount, with a frequency you choose.

You can set up scheduled payments in your Tide app and Tide on web.