April 14, 2026
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Best £850K Working Capital Loan Lenders

Explore the best £850K working capital loan lenders in the UK. Compare interest rates, terms, and eligibility to secure the right funding for your business needs.
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Best £850K Working Capital Loan Lenders
Jesse Spence
Finance content writer / Market researcher

Jesse Spence is a Funding Research and Content Lead at Funding Agent with 4 years of experience in market research. He focuses on turning lender criteria and market insights into practical, plain-English resources that help business owners, not only, improve approval chances and choose the right type of finance but also find the right funding providers for their needs.

Best £850K Working Capital Loan Lenders

For UK franchise buyers and operators, this guide compares loan periods and amounts, APRs, and terms across leading providers, with a focus on eligibility and fit. Amounts that could not be verified are left blank, prices accurate as of 2026-04-09.

1. Funding Agent

Funding Agent focuses on brokering business finance options in the UK with a fast, simple application process. It is typically suitable for SMEs looking for working capital and loans without the need for collateral. The platform prioritises speed and clear eligibility matching across multiple lenders.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 4%
  • Max APR: 20%
  • Loan Duration: 3–60 months ⌛

Services & Industries

  • Finance Types: Unsecured business loans, MCA Loans, Working capital
  • Industries: UK SME's

Pros

  • fastest and easiest application process
  • No collateral required

Cons

  • lower track record, only trading 1 year

Sources: Funding Agent

2. Funding Circle

Funding Circle specialises in term loans for small UK businesses offering unsecured lending. It is well suited for franchise buyers and SMEs seeking medium to large loan amounts with fixed repayment schedules. The platform offers relatively quick approval processes but requires solid creditworthiness.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £750,000
  • Min APR: 4.9%
  • Max APR: 15.8%
  • Loan Duration: 6 to 60 months ⌛

Services & Industries

  • Finance Types: Term loans, Short term loans
  • Industries: SMEs, Retail

Pros

  • Quick approval process
  • Large loan amounts

Cons

  • Strict credit requirements

Sources: Source Source

3. Nucleus Commercial Finance

Nucleus Commercial Finance offers both unsecured and asset-backed loans aimed at UK SMEs including retail and manufacturing industries. It suits businesses requiring flexible structures and is known for quick application turnaround. The provider often requires some collateral or security depending on loan type.

Loan Details

  • Min Amount: £3,000
  • Max Amount: £2,000,000
  • Min APR: 6.9%
  • Max APR: 19.5%
  • Loan Duration: 3 to 60 months ⌛

Services & Industries

  • Finance Types: Unsecured loans, Asset based lending
  • Industries: Retail, Manufacturing

Pros

  • Fast online application
  • Flexible terms

Cons

  • Minimum 3-year trading requirement

Sources: Source Source

4. Iwoca

Iwoca provides quick, flexible working capital loans mainly for small UK businesses, with no early repayment fees. Its offerings are well suited to franchises and SMEs wanting short-term loans with adaptable repayment options. The focus is on fast decisions and ease of access without requiring collateral.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 3.3%
  • Max APR: 35%
  • Loan Duration: 1 to 24 months ⌛

Services & Industries

  • Finance Types: Flexible loans, Short-term loans
  • Industries: E-commerce, Retail

Pros

  • No early repayment fees
  • Quick funding decisions

Cons

  • Higher APR for smaller loans

Sources: Source Source

5. Fleximize

Fleximize is a lender focused on SME-tailored loans with flexible terms and competitive rates, serving various UK sectors. It suits businesses requiring adaptable repayment plans and flexible lending criteria. Collateral requirements vary depending on the loan product.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 8.9%
  • Max APR: 29.9%
  • Loan Duration: 3 to 60 months ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Professional services, Healthcare

Pros

  • Flexible terms
  • Quick online process

Cons

  • Higher rates for new businesses

Sources: Source Source

6. Barclays

Barclays provides a wide range of business loan products suitable for many industries across the UK. It typically supports larger loan amounts and flexible terms, and is suitable for established SMEs requiring secured or unsecured options. The application process can be detailed but offers broad product choice.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 2.7%
  • Max APR: 13.9%
  • Loan Duration: 1 to 60 months ⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: All sectors, Startups

Pros

  • Established lender reputation
  • Wide range of products

Cons

  • Lengthy application process

Sources: Source Source

7. Lloyds Bank

Lloyds Bank offers customised business financing with options fitting both small and large UK businesses. It suits businesses needing tailored lending solutions including term loans and overdrafts, with a focus on longer loan durations. Credit criteria are strict, reflecting the bank’s risk policies.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £3,000,000
  • Min APR: 3.5%
  • Max APR: 12.5%
  • Loan Duration: 1 to 84 months ⌛

Services & Industries

  • Finance Types: Term loans, Overdrafts
  • Industries: Retail, Manufacturing

Pros

  • Tailored solutions
  • Large loan amounts

Cons

  • Strict lending criteria

Sources: Source Source

8. Century Business Finance

Century Business Finance specialises in same-day decision loans for SMEs offering straightforward unsecured lending. Mostly suited for businesses requiring rapid access to funds and transparent fees. It focuses on short to medium term financing with flexible repayments.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £250,000
  • Min APR: 9.5%
  • Max APR: 22%
  • Loan Duration: 6 to 36 months ⌛

Services & Industries

  • Finance Types: Unsecured loans, Bridging finance
  • Industries: Retail, Hospitality

Pros

  • Same-day approvals
  • Transparent fees

Cons

  • Limited maximum loan size

Sources: Source Source

9. White Oak UK

White Oak UK provides various business funding solutions including working capital loans, focusing on speed and variety of financing products. It suits UK SMEs with strong credit profiles seeking medium to large unsecured or secured loans. The provider offers fast funding and flexible repayment terms.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,000,000
  • Min APR: 7%
  • Max APR: 20%
  • Loan Duration: 3 to 60 months ⌛

Services & Industries

  • Finance Types: Working capital loans, Asset finance
  • Industries: Manufacturing, Transport

Pros

  • Fast funding process
  • Wide funding options

Cons

  • Requires strong credit profile

Sources: Source Source

10. HSBC

HSBC offers a broad set of business financing solutions focused on growth and international trade. It appeals to established UK businesses needing tailored term loans and venture capital options. HSBC provides structured repayment options with competitive rates but may involve complex application procedures.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,500,000
  • Min APR: 3.1%
  • Max APR: 15%
  • Loan Duration: 12 to 84 months ⌛

Services & Industries

  • Finance Types: Term loans, Venture capital
  • Industries: International trade, Technology

Pros

  • Global presence
  • Wide range of financial services

Cons

  • Complex application process

Sources: Source Source

How to choose

When seeking the best £850K working capital loan lenders, consider the loan amount and APR that align with your budget and repayment ability. Evaluate eligibility criteria carefully and weigh the trade-offs between application speed and loan flexibility. Think about how repayment schedules fit within your franchise’s cash flow and seasonal revenue fluctuations. Check lender requirements for collateral, credit score, and any applicable fees. Understand each provider’s product range to find loans suited to your franchise needs. Using a broker or multiple lenders may help access a wider selection and better terms.

Conclusion

Choosing the right lender depends on the use case; banks often provide established, larger loans with stricter criteria, brokers like Funding Agent offer fast access to multiple options, and specialists cater to niche requirements. Matching the loan type to your business needs and credit profile is essential. Funding Agent is a useful option for quick comparisons across several loan choices. Always verify current terms and understand costs before proceeding. This guide assists with decisions on £850 thousand pounds loan providers for working capital purposes.

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1Funding AgentFunding Agent helps UK SMEs compare business finance options fast, with a simple application journey and quick eligibility matching.£10,000–£1,000,000; 4%–20% APR; 3–60 months
2Funding CircleFunding Circle is a leading finance platform providing small business loans in the UK, allowing businesses to thrive with loans up to £750,000.£5,000–£750,000; 4.9%–15.8% APR; 6 to 60 months
3Nucleus Commercial FinanceNucleus Commercial Finance offers flexible business funding options from £3k to £2m, specializing in supporting SMEs with quick and easy applications.£3,000–£2,000,000; 6.9%–19.5% APR; 3 to 60 months
4IwocaIwoca provides flexible working capital loans for small businesses, with a focus on speed and flexibility, offering loans between £1000 to £1,000,000 with no early repayment fees.£1,000–£1,000,000; 3.3%–35% APR; 1 to 24 months
5FleximizeFleximize is an SME-focused lender offering tailored business loans with flexible terms and competitive rates to UK businesses.£5,000–£500,000; 8.9%–29.9% APR; 3 to 60 months
6BarclaysBarclays offers a diverse array of business loan products ranging from small to large amounts, supporting UK businesses in various industries with flexible terms.£1,000–£1,000,000; 2.7%–13.9% APR; 1 to 60 months
7Lloyds BankLloyds Bank provides tailored business financing solutions with a variety of options for both small and large businesses across the UK.£10,000–£3,000,000; 3.5%–12.5% APR; 1 to 84 months
8Century Business FinanceCentury Business Finance provides same-day decision financing for SMEs with straightforward and transparent loan processes and flexible repayment options.£10,000–£250,000; 9.5%–22% APR; 6 to 36 months
9White Oak UKWhite Oak UK specializes in providing business funding solutions across the UK, including working capital loans, with rapid funding and various financing products.£5,000–£2,000,000; 7%–20% APR; 3 to 60 months
10HSBCHSBC provides a wide spectrum of business financing solutions to UK enterprises, offering competitive rates and tailored financial advice, focusing on growth and sustainability.£5,000–£1,500,000; 3.1%–15% APR; 12 to 84 months
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