Quick Compare:

1. Funding Agent

Funding Agent Funding Agent is a UK business finance broker that helps SMEs access funding from a panel of lenders. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £1,000,000
• Min APR: 5%
• Max APR: 15%
• Loan Duration: 6 to 72 months⌛

Services & Industries

• Finance Types: Working Capital Loan, Business Expansion Loan
• Industries: Technology, Healthcare, Manufacturing

Pros

• Competitive APR
• Flexible terms

Cons

• Eligibility criteria apply

Sources: https://www.fundingagent.co.uk

2. Barclays

Barclays Barclays offers a range of business loans with flexible terms and competitive APRs for UK SMEs. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £50,000
• Min APR: 11.2%
• Max APR: 14.9%
• Loan Duration: 1 to 25 years⌛

Services & Industries

• Finance Types: Unsecured Loan, Secured Loan
• Industries: Retail, Manufacturing

Pros

• Flexible repayment options
• No early repayment fees

Cons

• Higher APR for smaller amounts

Sources: https://www.barclays.co.uk/business-banking/borrow/loans/

3. iwoca

iwoca iwoca provides flexible business loans to UK SMEs with quick access to funds and competitive interest rates. It is suitable for businesses needing fast funding. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £1,000,000
• Min APR: 6%
• Max APR: 15%
• Loan Duration: 3 to 24 months⌛

Services & Industries

• Finance Types: Business Loan, Line of Credit
• Industries: E-commerce, Services

Pros

• Rapid funding decisions
• Interest on outstanding balance only

Cons

• High APR for riskier businesses

Sources: https://www.iwoca.co.uk/business-loan-interest-rates

4. Capify

Capify Capify provides flexible funding options to UK SMEs, often offering alternative finance solutions that can be secured or unsecured. It supports businesses looking for quick access to working capital through different repayment methods. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £3,000,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 3 to 12 months⌛

Services & Industries

• Finance Types: Merchant Cash Advance, Working Capital Loan
• Industries: Hospitality, Retail

Pros

• Quick application process
• Flexible repayment options

Cons

• Short loan terms

Sources: https://www.capify.co.uk/small-business-loans/

5. Fleximize

Fleximize Fleximize offers flexible loan products to UK SMEs, often providing options that are secured or unsecured. It focuses on quick, customised funding solutions for various business needs, helping SMEs manage cash flow and growth. Here's what to know:

Loan Details

• Min Amount: £0
• Max Amount: £500,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 6 to 60 months⌛

Services & Industries

• Finance Types: Secured Loan, Unsecured Loan
• Industries: Retail, Services

Pros

• Customer-centric approach
• Tailored loan solutions

Cons

• Limited maximum loan amount

Sources: https://fleximize.com/business-loans/loan-purposes-and-industries

6. Funding Circle

Funding Circle Funding Circle specialises in fixed-rate loans for UK small and medium-sized businesses often seeking faster access to finance with transparent costs. It provides options that support quick approval and flexible repayment structures.

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 6.9%
• Max APR: 0%
• Loan Duration: 6 to 72 months⌛

Services & Industries

• Finance Types: Fixed-rate Loan
• Industries: Various

Pros

• No early settlement fee
• Competitive interest rates

Cons

• Requires trading history

Sources: https://www.fundingcircle.co.uk

7. Lloyds Bank

Lloyds Bank Lloyds Bank offers a variety of flexible business loans, often with fixed interest options. It caters to businesses needing manageable repayment plans to support growth or finance investments.

Loan Details

• Min Amount: £1,000
• Max Amount: £50,000
• Min APR: 11.2%
• Max APR: 0%
• Loan Duration: 1 to 25 years⌛

Services & Industries

• Finance Types: Unsecured Loan, Secured Loan
• Industries: Manufacturing, Healthcare

Pros

• Fixed interest rates
• Support for business growth

Cons

• Higher APR for unsecured loans

Sources: https://lloydstsb.co.uk/business/business-loans.html

8. HSBC

HSBC HSBC offers a broad range of business finance options, including flexible loans designed for various industry needs. It supports businesses requiring longer-term or flexible repayment options, often with secured or unsecured access depending on the product.

Loan Details

• Min Amount: £1,000
• Max Amount: £50,000
• Min APR: 5.8%
• Max APR: 0%
• Loan Duration: 1 to 10 years⌛

Services & Industries

• Finance Types: Flexible Loan
• Industries: Technology, Services

Pros

• No arrangement fees
• Deferral of first payment

Cons

• Limited loan amount for smaller businesses

Sources: https://www.iwoca.co.uk/small-business-loans/hsbc

9. NatWest

NatWest NatWest offers a flexible range of business loans, often with quick decisions and straightforward terms. Its products suit SMEs needing reliable finance options to support growth or cash flow management.

Loan Details

• Min Amount: £1,000
• Max Amount: £250,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 1 to 10 years⌛

Services & Industries

• Finance Types: Business Loan
• Industries: Various

Pros

• Fast application process
• Wide loan amount range

Cons

• Variable interest rates

Sources: https://affiliate.nimblefins.co.uk/redirect?link=https%3A%2F%2Fwww.natwest.com%2Fbusiness%2Floans-and-finance%2Fsmall-business-loan.html

10. HSBC

HSBC HSBC provides a comprehensive range of business loans, including flexible and longer-term products for different industries. It offers both secured and unsecured options to meet varied financing needs with straightforward application processes.

Loan Details

• Min Amount: £25,000
• Max Amount: £0
• Min APR: 6.4%
• Max APR: 0%
• Loan Duration: 1 to 10 years⌛

Services & Industries

• Finance Types: Flexible Business Loan
• Industries: Various

Pros

• No arrangement fees
• Long loan durations

Cons

• Higher minimum loan amount

Sources: https://www.hsbc.co.uk/loans/

How to choose

When selecting from the top 10 flexible funding solutions lenders for UK SMEs, consider the nature of your financing needs and preferred repayment method. Bank providers often feature longer terms and fixed rates, suitable for larger projects or stability-focused businesses. Brokers can offer quick comparisons and access to a range of lenders, useful for faster decisions or customised solutions. Specialist lenders may provide tailored products with more flexible criteria but might have higher costs or specific security requirements. Evaluate each option
0based on cost, speed, collateral requirements, and your business’s growth plans. Ensure the provider’s terms align with your cash flow and business strategy.

Conclusion

Matching the right provider depends on your purpose and circumstances. Bank lenders tend to offer fixed, longer-term financing for established businesses. Brokers like Funding Agent help compare options quickly. Specialist or asset-backed lenders often support specific needs or higher leverage. Always review current costs and conditions with the lender before committing. Funding Agent is a strong choice for SMEs that want quick comparisons across multiple options. Other providers suit larger amounts, asset-backed needs, or sector specialisms. Always confirm current costs and terms with the lender; pricing may change.