Best Lenders to Secure a 190k Secured 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 2026-01-23.
Funding Agent focuses on fast comparison and matching of unsecured business finance options for UK SMEs. It is suitable for franchise buyers looking for quick decisions without collateral. The service offers a streamlined process with clear terms and eligibility checks for different 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
Portman Finance Group specialises in business loans and asset finance for UK SMEs across sectors. It suits those needing loans with or without security for growth or asset acquisition. The lender provides options with fast approval and some products that may not require personal guarantees.
Loan Details
- Min Amount: £10,000
- Max Amount: £2,000,000
- Min APR: 6.9%
- Max APR: 30%
- Loan Duration: 3–72 months ⌛
Services & Industries
- Finance Types: Asset Finance, Business Loans
- Industries: General Business, Commercial Assets
Pros
- No personal guarantee options
- Fast approval
Cons
- Higher rates for riskier profiles
Fleximize offers flexible and tailored business loans, focusing on working capital and expansion. It suits SMEs that need adaptable repayment options and variable loan duration. The lender emphasises personalised service for industries such as retail and services.
Loan Details
- Min Amount: £5,000
- Max Amount: £500,000
- Min APR: 10.8%
- Max APR: 47.9%
- Loan Duration: 3–60 months ⌛
Services & Industries
- Finance Types: Working Capital, Expansion Loans
- Industries: Retail, Services
Pros
- Flexible terms
- Lower rates for repeat borrowers
Funding Options operates as a finance marketplace connecting SMEs to multiple lenders offering various loan types. It suits franchise buyers seeking broad options and competitive terms via a brokered approach. The platform supports flexible loan structures with variable security requirements.
Loan Details
- Min Amount: £1,000
- Max Amount: £1,000,000
- Min APR: 6%
- Max APR: 15%
- Loan Duration: 3–84 months ⌛
Services & Industries
- Finance Types: Commercial Mortgages, Business Loans
- Industries: SMEs, Startups
Pros
- Wide range of options
- Quick application process
Time Finance provides tailored commercial finance solutions with a focus on asset and invoice finance. It is suitable for SMEs needing bespoke loans for business growth with structured repayments. Security and loan amount minimums are factors for consideration.
Loan Details
- Min Amount: £50,000
- Max Amount: £500,000
- Min APR: 5%
- Max APR: 0%
- Loan Duration: Up to 60 months ⌛
Services & Industries
- Finance Types: Asset Finance, Invoice Finance
- Industries: Construction, Retail
Pros
- Tailored solutions
- Quick funding
Cons
- Higher minimum loan amounts
HSBC offers a comprehensive range of business loans and overdraft facilities, serving various UK industries. It is suited for borrowers who prefer traditional banking relationships with established financial services. Loan amounts and terms reflect conventional bank lending with security requirements.
Loan Details
- Min Amount: £1,000
- Max Amount: £25,000
- Min APR: 5.7%
- Max APR: 18.9%
- Loan Duration: 12–120 months ⌛
Services & Industries
- Finance Types: Overdrafts, Business Loans
- Industries: Manufacturing, Real Estate
Pros
- Global presence
- Robust financial services
MoneySuperMarket provides an online platform for comparing financial products, including business loans. It is suited for SMEs wanting to evaluate loan options quickly through a comparison service without direct lending. Flexibility depends on lender product availability.
Loan Details
- Min Amount: £10,000
- Max Amount: £50,000
- Min APR: 3%
- Max APR: 20%
- Loan Duration: 6–72 months ⌛
Services & Industries
- Finance Types: Business Loans, Lines of Credit
- Industries: Retail, Finance
Pros
- Comprehensive comparison
- Accessible platform
Cons
- Limited to comparison services
NatWest offers traditional banking services with a focus on business loans designed to support SME growth. It is suitable for borrowers needing credit facilities with flexible payment schedules and established banking support. The provider serves sectors including hospitality and retail.
Loan Details
- Min Amount: £1,000
- Max Amount: £100,000
- Min APR: 7.5%
- Max APR: 12.5%
- Loan Duration: 1–10 years ⌛
Services & Industries
- Finance Types: Revolving Credit, Fixed Loans
- Industries: Hospitality, Retail
Pros
- Established bank
- Variety of loan options
Cons
- Competitive eligibility criteria
Lloyds Bank provides secured and unsecured business loans tailored to UK enterprises with flexible repayment plans. It suits franchise buyers who can provide collateral for larger loans or prefer varying loan terms. The bank offers personalised support within established financial frameworks.
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000
- Min APR: 6.9%
- Max APR: 29.9%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Secured Loans, Unsecured Loans
- Industries: Healthcare, Manufacturing
Pros
- Flexible repayment options
- Strong customer support
Cons
- Need collateral for larger loans
Barclays offers a variety of business finance products including term loans and lines of credit. It is suited for SMEs seeking innovative and flexible business lending solutions. Loan terms are variable with an emphasis on customer service and a structured approval process.
Loan Details
- Min Amount: £5,000
- Max Amount: £250,000
- Min APR: 3.4%
- Max APR: 19.9%
- Loan Duration: 6–120 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Term Loans
- Industries: Technology, Retail
Pros
- Innovative solutions
- Good customer service
Cons
- Stricter approval process
How to choose
When securing a 190k secured business loan, consider how the loan amount fits your business needs and repayment ability. Review APR ranges carefully to balance cost with affordability. Evaluate eligibility criteria and required collateral, especially for secured loans. Consider the lender's speed and flexibility, including whether loan terms or repayment types can adapt to your cash flow. Compare bank, broker, and specialist options to access the most suitable loan types and terms. Also, check fees, early repayment policies, and the lender's industry experience before applying.
Conclusion
Matching provider types to your needs is key when seeking a 200 thousand pounds loan. Traditional banks offer stability and a range of established products, while brokers and marketplaces can provide access to diverse lenders and flexible terms. Specialist lenders might serve specific niches or provide tailored solutions not found in banks. Funding Agent is a strong choice for SMEs wanting fast, clear comparisons across multiple financing options. Always verify current pricing, terms, and eligibility directly with your chosen lender.
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