Amazon Lending Alternatives

This guide lists five UK focused alternatives to Amazon Lending, so buyers can compare speed, eligibility, products, and pricing before applying.

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Quick compare:

1. Funding Circle

Funding Circle offers peer-to-peer loans to UK small businesses. It enables direct funding from investors and is suitable for those seeking quick, fixed-rate finance. The platform supports collateral and flexible repayment options, ideal for growth or refinancing. Loan sizes and durations vary to match different business needs.

Loan and pricing details

Funding range note: from 10,000 to 500,000 typically

Speed: 1 to 3 days

Interest rate notes: Interest rates are typically fixed ranging from 4.9% APR.

Eligibility

Personal guarantee: Personal guarantee is required

Homeowner advantage: Being a homeowner provides additional confidence

Services and sectors

• Products: term_loan
• Industries: retail, hospitality, manufacturing

Best for

• small businesses
• structured loans
• competitive rates

Pros

• competitive interest rates
• quick decisions
• online process

Cons

• requires good credit
• personal guarantee needed

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

2. iwoca

iwoca provides flexible credit solutions to small UK businesses. It facilitates quick access to funds with adaptable terms and minimal collateral. Suitable for businesses with short-term needs or irregular cash flow, it generally supports unsecured or secured loans with varying LTVs.

Loan and pricing details

Funding range note: from 1,000 to 200,000 typically

Speed: within hours

Interest rate notes: Rates depend on business profile, no specific APR.

Eligibility

Personal guarantee: Often required for larger amounts

Homeowner advantage: Not a significant factor

Services and sectors

• Products: revolving_credit, short_term_loan
• Industries: e-commerce, service industries

Best for

• startups
• irregular cash flow
• rapid funding

Pros

• very quick access to funds
• flexible financing
• suited for startups

Cons

• higher interest rates for riskier profiles

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

3. Capify

Capify offers alternative finance solutions including merchant cash advances and flexible business loans. It supports UK SMEs looking for quick and customised funding options, often tied to revenue or collateral. The approach enables flexible repayment structures and broad loan sizes to suit different business circumstances.

Loan and pricing details

Funding range note: from 5,000 to 150,000

Speed: typically within 24 hours

Interest rate notes: Rate varies with cash advance options.

Eligibility

Personal guarantee: May require based on amount

Homeowner advantage: Not critical

Services and sectors

• Products: merchant_cash_advance, business_loans
• Industries: hospitality, retail

Best for

• retail businesses
• hospitality
• seasonal businesses

Pros

• adaptive to revenue
• fast approval
• works with existing card sales

Cons

• higher cost of capital

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

4. MarketFinance

MarketFinance specialises in providing finance to UK businesses for cash flow management and asset-backed funding. It connects clients with flexible solutions including invoice finance and business loans. Suitable for companies seeking quick access to working capital, often secured on invoices or assets with variable terms.

Loan and pricing details

Funding range note: Unknown

Speed: same day for invoice finance

Interest rate notes: Rates tied to invoice quality and volume.

Eligibility

Personal guarantee: Not always required for invoice finance

Homeowner advantage: Minor advantage

Services and sectors

• Products: invoice_finance, business_loans
• Industries: manufacturing, services

Best for

• businesses with outstanding invoices
• rapid cash flow issues

Pros

• leverages existing invoices
• flexible loan conditions

Cons

• depends on invoice customer reliability

Sources: https://www.marketfinance.com/

5. Fleximize

Fleximize provides flexible business loans tailored to the needs of UK companies. It offers quick, adaptable funding options suitable for growth or working capital. The service focuses on flexible repayment structures and personalised support for different business circumstances.

Loan and pricing details

Funding range note: from 5,000 to 500,000+

Speed: within 48 hours

Interest rate notes: Rates are competitive and flexible.

Eligibility

Personal guarantee: Usually required for higher amounts

Homeowner advantage: Can help in securing better terms

Services and sectors

• Products: term_loan
• Industries: varied

Best for

• businesses needing flexible terms
• those needing relationship management

Pros

• flexible repayment
• tailored service

Cons

• PG often needed

Sources: https://fleximize.com/

Final notes

When comparing providers, match loan size, timeline, and sector fit first, then confirm current rates and fees with the finance provider. If one option declines your application, a broker or multi lender panel may still place the deal.

Matching the right provider depends on your need. Banks often offer larger loans with security. Brokers can access a wide range of options quickly. Specialist lenders focus on specific sectors or products. Consider your business type and funding purpose. For more options, visit Funding Agent.