best lenders to secure a 100k unsecured business loan

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 2025-12-08.

1. Funding Agent

Funding Agent Funding Agent is a provider of business finance solutions that prioritises speed and flexibility for small to medium-sized enterprises in the UK. It offers uncollateralised options suitable for franchise or operational funding. 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 Loans, Revolving Credit, Asset Finance
• Industries: Retail, Manufacturing, Technology

Pros

• Quick approval
• Flexible repayment terms
• Comprehensive customer support

Cons

• Higher APR for startups

Sources: Funding Agents 100k Unsecured Business Loans

2. 365 Finance

365 Finance 365 Finance focuses on revenue-based funding platforms that do not rely on traditional APRs or collateral. It is especially suitable for cash flow-driven businesses seeking quick access to flexible finance solutions. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £100,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: No fixed term⌛

Services & Industries

• Finance Types: Merchant Cash Advance
• Industries: Retail, Hospitality

Pros

• No fixed payments
• Approval in 24 hours

Cons

• Not suitable for businesses without card sales

Sources: https://www.365finance.co.uk/100k-business-loans

3. Fleximize

Fleximize Fleximize offers flexible, tailored business loans that cater to the needs of SMEs. It provides quick access, competitive rates, and options for flexible repayment and security structures. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £500,000
• Min APR: 9.6%
• Max APR: 30%
• Loan Duration: 1–48 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Bridging Loans
• Industries: General Business

Pros

• Loyalty discount
• Flexible terms

Cons

• Higher rates for first-time borrowers

Sources: https://www.nimblefins.co.uk/business-loans/fleximize-review

4. HSBC

HSBC HSBC offers a range of business finance options that include both flexible and fixed-rate loans. It supports various business types, particularly those seeking speed and security in funding. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £50,000
• Min APR: 5.8%
• Max APR: 12%
• Loan Duration: 1–10 years⌛

Services & Industries

• Finance Types: Fixed Loans, Variable Loans
• Industries: All industries

Pros

• Variety of loan products
• Established global bank

Cons

• Stricter eligibility criteria

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

5. Barclays

Barclays Barclays offers a variety of business loan options, with both fixed and variable interest rates. It caters to different business sizes and needs, providing flexible repayment structures. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £1,000,000
• Min APR: 11.2%
• Max APR: 14.9%
• Loan Duration: 1–25 years⌛

Services & Industries

• Finance Types: Unsecured Loans, Secured Loans
• Industries: General Business

Pros

• No early repayment fees
• Various loan types

Cons

• Higher APR for small loans

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

6. NatWest

NatWest NatWest provides a range of business loans, including fixed and variable options. It aims to support small and medium enterprises with flexible repayment plans. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £100,000
• Min APR: 10%
• Max APR: 15%
• Loan Duration: 1–7 years⌛

Services & Industries

• Finance Types: Unsecured Loans, Working Capital Loans
• Industries: All industries

Pros

• Flexible borrowing terms
• Support for SMEs

Cons

• Higher interest rates

Sources: https://www.iwoca.co.uk/lenders/natwest-business-loan

7. iwoca

iwoca iwoca provides fast funding solutions primarily for small businesses. It offers unsecured loans and revolving credit, supporting quick access to flexible working capital. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £1,000,000
• Min APR: 6%
• Max APR: 49%
• Loan Duration: Up to 12 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Credit Line
• Industries: All industries

Pros

• Quick disbursement
• Flexible repayment

Cons

• High APR for certain loans

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

8. Lloyds Bank

Lloyds Bank Lloyds Bank provides a variety of business loans, including options for larger amounts with extended repayment periods. It supports different business types seeking predictable financing options. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £50,000
• Min APR: 11.2%
• Max APR: 20%
• Loan Duration: 1–25 years⌛

Services & Industries

• Finance Types: Unsecured Loans, Secured Loans
• Industries: All industries

Pros

• Established bank
• Flexible loan terms

Cons

• Limited loan amount for unsecured loans

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

9. MAF Finance Group

MAF Finance Group MAF Finance Group facilitates large business loans, often with flexible security options including secured and unsecured products. It supports businesses seeking substantial capital with varied repayment terms. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £2,000,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 3–72 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Secured Loans
• Industries: All industries

Pros

• Tailored solutions
• Wide range of options

Cons

• Varying lender criteria

Sources: https://maffinancegroup.co.uk/products/business-loans/small-business-loans

10. Nucleus Commercial Finance

Nucleus Commercial Finance Nucleus offers non-secured business funding options geared toward generating working capital and growth capital. It supplies tailored, flexible terms suited to expanding businesses. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £150,000
• Min APR: 7.5%
• Max APR: 20%
• Loan Duration: 3–36 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Cash Flow Finance
• Industries: All industries

Pros

• Competitive rates
• No additional security needed

Cons

• Shorter loan durations

Sources: https://www.fundinvoice.co.uk/blog/loans/nucleus-commercial-finance-lowers-unsecured-loan-rates.html

How to choose

To select the best provider for a 100k unsecured business loan, consider your funding purpose and specific needs. Bank lenders are suitable for larger, secured loans with longer terms. Brokers and specialist lenders often offer faster approval and more flexible options for unsecured funding. Review eligibility, fees, and repayment terms carefully. Matching your loan type to your financial situation helps secure the most appropriate deal. Assess the provider's speed, flexibility, and security requirements before applying.

Conclusion

Matching the right lender to your needs involves understanding your funding purpose and risk appetite. Bank lenders typically offer larger, secured loans with longer terms. Brokers provide access to multiple options, often with faster processing. Specialist providers focus on unsecured or niche funding types. Consider how quickly you need the funds, your security position, and your repayment capacity. 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.