Best Lenders to Secure a 110k Business Line of Credit
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 2026-02-12.
Funding Agent focuses on facilitating comparisons across multiple business finance options for UK SMEs. It is typically suitable for small to medium businesses looking for flexibility and quick eligibility checks without requiring collateral. The platform offers a straightforward application process with a range of loan types and durations to match diverse business needs.
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
Funding Circle offers peer-to-peer lending directly connecting investors and businesses for unsecured loans. It typically suits UK SMEs seeking working capital with clear terms and options for businesses able to meet eligibility requirements. Funding Circle provides relatively fast access to funds but involves credit vetting and adherence to repayment schedules.
Loan Details
- Min Amount: £10,000
- Max Amount: £500,000
- Min APR: 6%
- Max APR: 20%
- Loan Duration: 6–84 months ⌛
Services & Industries
- Finance Types: Business Loans, Peer-to-Peer Lending
- Industries: Retail, Construction, Healthcare
Pros
- No early repayment fees
- Fast funding process
Cons
- Higher rates for low credit borrowers
- Strict eligibility criteria
Tide provides business banking solutions including lending products such as business credit lines. It is generally suited to smaller businesses and startups seeking digital banking combined with lending features. Tide’s offering is designed for customers needing relatively quick access to finance with varying loan durations and straightforward terms.
Loan Details
- Min Amount: £1,000
- Max Amount: £150,000
- Min APR: 8.5%
- Max APR: 25%
- Loan Duration: 1–36 months ⌛
Services & Industries
- Finance Types: Business Credit Line, Overdrafts
- Industries: Technology, Service industry
Pros
- Quick application process
- Integrated business account
Cons
- Limited loan duration options
- Higher APR for new businesses
Iwoca specialises in flexible credit solutions tailored to small businesses, offering rapid approvals and transparent cost structures. It typically suits businesses requiring short-term loans with flexible repayment options and clear fee terms. Iwoca supports various industries, often those needing quick access to working capital without extensive collateral.
Loan Details
- Min Amount: £1,000
- Max Amount: £200,000
- Min APR: 12%
- Max APR: 45%
- Loan Duration: 1–12 months ⌛
Services & Industries
- Finance Types: Credit Line, Small Business Loans
- Industries: E-commerce, Retail, Hospitality
Pros
- Fast decision time
- Flexible terms
Cons
- Short loan durations
- Higher APR range
MarketFinance provides invoice finance and business loans to assist companies in managing cash flow and funding growth projects. It suits businesses with receivables seeking short to medium-term finance against invoices. MarketFinance offers flexible repayment structures though loans may require review on credit and invoice eligibility.
Loan Details
- Min Amount: £5,000
- Max Amount: £1,000,000
- Min APR: 7.5%
- Max APR: 30%
- Loan Duration: 3–24 months ⌛
Services & Industries
- Finance Types: Invoice Financing, Business Loans
- Industries: Manufacturing, Wholesale, Professional Services
Pros
- Large loan amounts available
- Flexible repayment terms
Cons
- Requires personal guarantee
- APR can be high
Ezbob provides fast and flexible funding tailored for small and medium enterprises, often used for business growth and operational needs. It generally suits businesses requiring quicker funding access with a range of loan and credit line options. Ezbob offers varying APRs and supports multiple industries, balancing speed and funding flexibility.
Loan Details
- Min Amount: £10,000
- Max Amount: £150,000
- Min APR: 8%
- Max APR: 28%
- Loan Duration: 3–48 months ⌛
Services & Industries
- Finance Types: Business Loans, Credit Lines
- Industries: Retail, Logistics
Pros
- High approval rate
- Quick access to funds
Cons
- APR varies widely
- Higher rates for short terms
Capital on Tap focuses on providing a business credit card with a revolving credit line for fast access to credit. It is generally suited to businesses requiring flexible borrowing with the convenience of a credit card format. The product offers quick application and no foreign transaction fees, beneficial for frequent or smaller credit needs.
Loan Details
- Min Amount: £2,000
- Max Amount: £50,000
- Min APR: 9.9%
- Max APR: 34.9%
- Loan Duration: Revolving ⌛
Services & Industries
- Finance Types: Business Credit Card, Revolving Credit Line
- Industries: Tech startups, Freelancers
Pros
- No foreign transaction fees
- Unlimited 1% cashback
Cons
- Limited to smaller loan amounts
- Higher APR for cash advances
White Oak UK provides a range of funding solutions including business and asset finance tailored to growth-stage companies. It suits businesses seeking longer-term loans secured or unsecured with options reflecting various industry needs. White Oak UK offers flexibility in loan amounts and terms, supporting diverse sectors especially construction and agriculture.
Loan Details
- Min Amount: £1,000
- Max Amount: £200,000
- Min APR: 10%
- Max APR: 35%
- Loan Duration: 1–60 months ⌛
Services & Industries
- Finance Types: Asset Finance, Business Loans
- Industries: Construction, Agriculture
Pros
- Wide range of loan options
- Experienced lending team
Cons
- Requires collateral
- Complex application process
Fleximize offers flexible business loans aimed at entrepreneurs and SMEs seeking adaptable funding options. It is suited to businesses that prioritise flexible repayment structures and competitive rates. Fleximize caters to various industries and provides medium-term loan durations with transparent fee structures.
Loan Details
- Min Amount: £5,000
- Max Amount: £500,000
- Min APR: 1.5%
- Max APR: 25%
- Loan Duration: 3–48 months ⌛
Services & Industries
- Finance Types: Flexible Business Loans, Revolving Credit
- Industries: Creative industries, Food and Beverage
Pros
- Competitive rates
- No hidden fees
Cons
- Strict repayment terms
- High APR for short-term loans
Nucleus Commercial Finance provides business finance solutions focused on managing cash flow needs for UK SMEs. It generally suits businesses that require medium-term funding with options including unsecured loans and cash flow finance. The provider offers a variety of finance types, balancing processing time with transparent fee structures.
Loan Details
- Min Amount: £5,000
- Max Amount: £500,000
- Min APR: 4.5%
- Max APR: 15%
- Loan Duration: 6–60 months ⌛
Services & Industries
- Finance Types: Business Loans, Cash Flow Finance
- Industries: Healthcare, Education
Pros
- Wide loan range
- Transparent fees
Cons
- Requires personal guarantee
- Longer processing times
How to choose
When selecting the best lender to secure a 110k business line of credit, consider the loan size and APR against your financial capacity. Evaluate the lender’s eligibility criteria and check if their repayment terms align with your business cash flow and seasonal variations. Think about application speed and flexibility, especially if you need access to funds quickly. Also review any collateral requirements and fees, including early repayment penalties. Matching your business needs with lender strengths ensures a suitable and sustainable credit facility.
Conclusion
Choosing between banks, brokers, and specialist lenders depends on your business’s unique financing requirements. Bank lenders may offer structured products with longer terms, whereas brokers provide access to multiple options but can vary in speed. Specialists often tailor finance for specific industries or loan types but may involve stricter terms. Funding Agent remains a viable choice for those wanting straightforward comparisons across options. Always ensure you verify the latest terms and costs directly with your preferred provider when securing a loan of around 110 thousand pounds.