Best Business Loan Refinancing Lenders for the Construction Industry
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 2026-03-16.
Funding Agent focuses on providing fast, straightforward business finance comparisons for UK SMEs. It is suitable for companies seeking unsecured loans with predictable terms and no collateral requirements. The platform emphasises ease of application, quick eligibility checks, and accessible options across various loan types.
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
White Oak specialises in business loans and equipment leasing tailored to the construction sector. It suits UK SMEs that require flexible finance for asset acquisition or growth, often with tailored terms. The provider offers options that balance speed and customised repayment structures for diverse business needs.
Loan Details
- Min Amount: £25,000
- Max Amount: £2,000,000
- Min APR: 7.5%
- Max APR: 18.9%
- Loan Duration: 12 months to 5 years ⌛
Services & Industries
- Finance Types: Business Loans, Equipment Leasing
- Industries: Construction
Pros
- Flexible funding options
- No early repayment fees
Fleximize offers business loans with loyalty incentives, which may benefit returning customers. It is aimed at construction SMEs looking for loan options with some flexibility on rates and terms. Their approach balances moderate approval speed with options for secured and unsecured lending.
Loan Details
- Min Amount: £10,000
- Max Amount: £500,000
- Min APR: 10.8%
- Max APR: 24.9%
- Loan Duration: 3-60 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Secured Loans
- Industries: Construction
Pros
- Fast approval
- No early repayment fees
Cons
- Higher rates for first-time borrowers
Century Business Finance focuses on providing rapid business loans to support SME growth and cashflow management. It is suited to construction firms needing straightforward loan solutions with quick decisions but less clarity on exact APR figures. The provider emphasises an efficient process suitable for straightforward financing needs.
Loan Details
- Min Amount: £10,000
- Max Amount: £250,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Short-term Loans, Long-term Loans
- Industries: Construction
Pros
- Quick decision process
- Simple application
Cons
- APR details not disclosed
Close Brothers Group specialises in asset finance products, including hire purchase and leasing for UK SMEs. It is suitable for construction businesses looking for tailored equipment finance with flexible terms depending on asset type. The provider offers established lending options focused on secured lending and asset-backed finance.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Varies by asset type ⌛
Services & Industries
- Finance Types: Asset Finance, Hire Purchase, Leasing
- Industries: Construction
Pros
- Flexible finance options
- Established provider
PMD Business Finance provides access to a broad network of over 100 lenders to support construction financing needs. It is ideal for UK SMEs seeking rapid funding with flexible loan options, often brokered to match borrower requirements. The focus is on varied loan terms driven by lender availability and borrower criteria.
Loan Details
- Min Amount: £5,000
- Max Amount: £5,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Varies by lender ⌛
Services & Industries
- Finance Types: Business Loans, Asset Finance
- Industries: Construction
Pros
- Access to multiple lenders
- Specializes in construction
Capify offers quick business loans with high lending limits, focusing on speed and accessibility. It suits construction SMEs needing rapid funding with varied repayment options but may carry higher interest rates. The lender highlights fast approval and straightforward terms for a range of business borrowing needs.
Loan Details
- Min Amount: £5,000
- Max Amount: £1,000,000
- Min APR: 67.89%
- Max APR: 0%
- Loan Duration: Same day to 24 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Business Loans
- Industries: Construction
Pros
- Fast approval
- High loan limits
Portman Finance Group specialises in refinance loans designed to release equity from existing business assets. It is well-suited for construction businesses looking for competitive refinancing with flexible terms. The provider emphasises comprehensive finance solutions with a focus on asset-backed lending.
Loan Details
- Min Amount: £10,000
- Max Amount: £2,000,000
- Min APR: 4.4%
- Max APR: 0%
- Loan Duration: 2–6 years ⌛
Services & Industries
- Finance Types: Asset Refinance, Commercial Loans
- Industries: Construction
Pros
- Competitive rates
- Comprehensive finance options
Cons
- Limited transparency on maximum APR
Funding Pool offers transparent finance solutions with an emphasis on flexibility for SME construction businesses. It is suitable for borrowers seeking fast decisions and a range of funding products tailored to business needs. The provider focuses on adaptable loan options to meet variable requirements.
Loan Details
- Min Amount: £5,000
- Max Amount: £250,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Depends on type ⌛
Services & Industries
- Finance Types: Fast Business Loans, Small Business Loans
- Industries: Construction
Pros
- Excellent support
- Quick decisions
Aurora Capital delivers financial solutions focused on equipment and cash flow for construction firms. It is designed for UK SMEs needing tailored options with quick decision times and customisable financing. The provider emphasises application speed and suitability for a broad range of construction financing needs.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Decision in 24 hours ⌛
Services & Industries
- Finance Types: Construction Finance, Equipment Loans
- Industries: Construction
Pros
- Application speed
- Custom solutions
How to choose
When choosing the best business loan refinancing lender for construction businesses, consider the size and purpose of the loan and the fits between APR and budget. Check eligibility criteria, as some providers specialise by sector or loan type. Balance the need for fast decisions with the flexibility of repayment terms and available collateral options. Assess how repayments will align with your cash flow and seasonal business variations. Review fees, loan-to-value ratios, and early repayment penalties carefully. Using a broker or specialist lender may give access to a wider range of options tailored to construction finance.
Conclusion
Choosing the right lender depends on your specific financing needs. Bank lenders typically offer standard products with stable rates, while brokers can provide access to multiple providers for more customised solutions. Specialist lenders often focus on sectors like construction and asset-backed loans. Funding Agent is suitable for those prioritising quick comparisons and straightforward applications. Consider a loan amount around 200 thousand pounds for typical construction refinancing to narrow down lenders.
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