January 13, 2026
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best lenders to secure a 100k to 150k unsecured business loan

best lenders to secure a 100k to 150k unsecured business loan

Discover the best UK lenders offering unsecured business loans from £100,000 to £150,000. Learn how to secure funding quickly and easily for your business needs.
Abdus-Samad Charles
Finance Writer

Head of Content at Funding Agent, with four years’ experience creating practical, easy-to-follow, SEO-informed guidance for UK small and medium-sized businesses.

Looking to secure a 100k to 150k unsecured business loan in the UK?

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 2026-01-13.

Quick Compare:

1Funding AgentFunding Agent is a renowned finance company specialising in quick access to unsecured business loans for UK SMEs. It helps businesses find flexible options without collateral and with straightforward application processes.£10,000–£2,000,000; 6%–20% APR; 3–60 months
2Merchants SavvyMerchants Savvy provides financial solutions focused on unsecured business loans, suitable for businesses looking for fixed interest rates and flexible repayment options. It offers quick decisions for UK SMEs.£10,000–£250,000; 9.6%–0% APR; 1–5 years
3iwocaiwoca offers fast decision loans tailored for UK SMEs needing working capital or growth finance. It provides options with no penalties for early repayment, suitable for short-term and ongoing funding needs.£1,000–£1,000,000; 18%–0% APR; 1 day to 24 months
4FleximizeFleximize delivers flexible business loans for UK SMEs needing tailored funding solutions. It offers rapid approval, with options for secured and unsecured financing, suitable for various purposes including expansion and cash flow.£10,000–£1,500,000; 0.9%–0% APR; Varied
5Century Business FinanceCentury Business Finance provides fast, straightforward loans for UK SMEs. It specialises in flexible terms and quick approval, suitable for small to medium business finances.£10,000–£500,000; 0%–0% APR; 1–5 years
6BarclaysBarclays offers a wide range of business finance, including unsecured loans. It suits businesses seeking comprehensive banking options with flexible repayment terms and a large branch network.£1,000–£25,000,000; 8.5%–11.2% APR; Varied
7Clifton Private FinanceClifton Private Finance provides bespoke financial solutions, often focusing on property-related or specialised business funding. It offers personalised service with flexible terms based on individual client needs.£10,000–£0; 0%–0% APR; Varied
8NatWestNatWest offers flexible unsecured business loans for UK SMEs, including options for cash flow management and growth funding. The bank emphasises personal service and quick decisions.£1,000–£100,000; 6.6%–0% APR; 3–15 years
9Money.co.ukMoney.co.uk is a comparison platform that helps users find suitable financial products, including business loans. It serves SMEs seeking transparent options and broad lender access.£500–£15,000,000; 0%–0% APR; Varied
10Lloyds BankLloyds Bank provides a range of business loans, aiming to support UK enterprises at different growth stages. It offers straightforward products with flexible repayment schedules.£1,000–£0; 11.2%–0% APR; Up to 25 years

1. Funding Agent

Funding Agent Funding Agent is a recognised provider specialising in quick access to unsecured business loans for SMEs. It focuses on simple, flexible funding solutions with rapid turnaround times, ideal for franchise buyers and small businesses seeking non-secured options. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £2,000,000
  • Min APR: 6%
  • Max APR: 20%
  • Loan Duration: 3–60 months⌛

Services & Industries

  • Finance Types: Unsecured business loans
  • Industries: General business

Pros

  • Flexible loan terms
  • No collateral required

Cons

  • Higher interest rates compared to secured loans

Sources: https://www.fundingagent.co.uk/post/best-lenders-to-secure-a-100k-unsecured-business-loan

2. Merchants Savvy

Merchants Savvy Merchants Savvy offers financial solutions focusing on unsecured business loans. It primarily serves SMEs needing quick, fixed-rate funding with flexible terms. It is suitable for those seeking manageable repayment structures and transparent process options. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £250,000
  • Min APR: 9.6%
  • Max APR: 0%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Unsecured business loans
  • Industries: Various

Pros

  • Fixed rates
  • No application or early repayment fees

Cons

  • Limited to certain loan amounts

Sources: https://www.merchantsavvy.co.uk/business-finance/business-loans/unsecured-business-loans/

3. iwoca

iwoca iwoca provides fast decision loans targeted at UK SMEs needing quick access to funding. It offers flexible repayment options and no penalties for early repayment on short-term and ongoing funding. Suitable for growing businesses, it facilitates fast, easy finance options. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 18%
  • Max APR: 0%
  • Loan Duration: 1 day to 24 months⌛

Services & Industries

  • Finance Types: SME finance, Working capital loans
  • Industries: General business, SME

Pros

  • Quick decisions
  • Flexible repayment

Cons

  • Higher rates for smaller amounts

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

4. Fleximize

Fleximize Fleximize offers flexible funding options for UK SMEs, with quick approvals for tailored loans. It includes secured and unsecured products suitable for business growth, cash flow, and various other purposes. It emphasises fast, responsive service for business needs. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,500,000
  • Min APR: 0.9%
  • Max APR: 0%
  • Loan Duration: Varied⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Retail, Services, Manufacturing

Pros

  • Tailored solutions
  • High customer ratings

Cons

  • May require business financials

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

5. Century Business Finance

Century Business Finance Century Business Finance offers quick, straightforward loans for UK SMEs, often focusing on flexible terms and rapid approvals. It caters to small and medium-sized businesses needing reliable short- or medium-term funding. It provides a range of options for different financial situations. Here’s what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: SME loans
  • Industries: Small business

Pros

  • Fast approval
  • Flexible terms

Cons

  • Interest rate depends on creditworthiness

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

6. Barclays

Barclays Barclays provides a broad range of business finance options, including unsecured loans aimed at UK SMEs. It offers quick decisions and flexible repayment plans, often suited for businesses with predictable cash flow needs. It also provides brokered access to various products and industry expertise. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £25,000,000
  • Min APR: 8.5%
  • Max APR: 11.2%
  • Loan Duration: Varied⌛

Services & Industries

  • Finance Types: Business loans, SME finance
  • Industries: General business

Pros

  • Comprehensive options
  • Trusted lender

Cons

  • Strict eligibility criteria

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

7. Clifton Private Finance

Clifton Private Finance Clifton Private Finance delivers tailored financial packages, often focusing on property or specialised business funding. It emphasises personalized advice and industry experience, suitable for businesses needing bespoke solutions. It offers options spanning various security types and repayment plans. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varied⌛

Services & Industries

  • Finance Types: Bridging loans, SME loans
  • Industries: Real estate, Agriculture

Pros

  • Bespoke solutions
  • Expert advice

Cons

  • Higher fees for bespoke services

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

8. NatWest

NatWest NatWest provides flexible unsecured business loans, often used for cash flow management or business expansion. It aims at UK SMEs seeking quick, accessible credit solutions with straightforward criteria. It offers options with competitive rates and support services. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 6.6%
  • Max APR: 0%
  • Loan Duration: 3–15 years⌛

Services & Industries

  • Finance Types: Business loans
  • Industries: General business

Pros

  • Fixed interest rates
  • Wide branch network

Cons

  • Limited loan amounts

Sources: https://www.natwest.com/business/loans-and-finance/small-business-loan.html

9. Money.co.uk

Money.co.uk Money.co.uk serves as a comparison site for business loan options, facilitating access to various lenders and products. It is ideal for SMEs requiring transparent, quick information on available funding sources. It emphasises broad coverage and impartial guidance. Here's what to know:

Loan Details

  • Min Amount: £500
  • Max Amount: £15,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varied⌛

Services & Industries

  • Finance Types: Comparison services
  • Industries: Financial services

Pros

  • Extensive lender network
  • Transparent information

Cons

  • No direct lending

Sources: https://www.money.co.uk/business/business-loans

10. Lloyds Bank

Lloyds Bank Lloyds Bank offers a diverse selection of business loans tailored to UK enterprises, including options for small, medium, and large businesses. It emphasises reliable service and transparent terms suitable for a range of credit needs. It works with businesses seeking straightforward borrowing solutions. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £0
  • Min APR: 11.2%
  • Max APR: 0%

Services & Industries

  • Finance Types: Business loans
  • Industries: General business

Pros

  • Established brand
  • Wide product range

Cons

  • Long application process

Sources: https://www.lloydsbank.com/business/business-loans.html

How to choose

Select the right lender based on your funding purpose and flexibility needs. For unsecured loans around 100 thousand pounds, consider providers offering quick decisions with manageable repayment terms. Compare interest rates, fee structures, and eligibility criteria. Check whether you prefer brokered, bank, or specialist services. Ensuring the loan matches your cash flow and repayment capacity will support your growth plans. Review lender criteria thoroughly before applying to avoid surprises and delays.

Conclusion

Choosing the right lender depends on your specific needs. Banks like Lloyds or NatWest offer established products for straightforward borrowing. Brokers such as Funding Agent provide quick comparisons and access to multiple options. Specialist providers like Clifton Private Finance deliver tailored solutions, often with more customised terms. Always verify current costs and conditions directly with the lender. 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.

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