January 13, 2026
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best lenders to secure a 200k 250k unsecured business loan

best lenders to secure a 200k 250k unsecured business loan

Discover the best UK lenders offering unsecured business loans between £200,000 and £250,000. Find flexible terms, competitive rates, and quick approvals for your business needs.
Jesse Spence
Finance content writer / Market researcher

4 years of experience in market research. He focuses on turning lender criteria and market insights into practical, plain-English resources that help business ownersb improve approval chances and choose the right type of finance

best lenders to secure a 200 thousand pounds 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 2026-01-13.

Quick Compare:

1Funding AgentFunding Agent provides comprehensive financial solutions tailored to meet the needs of small and medium-sized enterprises (SMEs) in the UK.£10,000–£250,000; 7%–25% APR; 12–60 months
2Century Business FinanceCentury Business Finance provides tailored financial solutions to SMEs across the UK, focusing on quick access to capital.£10,000–£250,000; 0%–0% APR; 1–5 years
3SWIG FinanceSWIG Finance offers ethical and sustainable business loans targeting small enterprises in the South and West Country.£25,001–£250,000; 15.75%–0% APR; 1–5 years
4FleximizeFleximize is a multi-award-winning business lender offering flexible financial products to SMEs in the UK, focusing on personalized service.£5,000–£500,000; 9.6%–0% APR; 1–5 years
5Funding CircleFunding Circle is a leading platform for business loans, enabling small businesses to secure loans at competitive rates through peer-to-peer lending.£10,000–£750,000; 6.9%–14.9% APR; 6–72 months
6NatWestNatWest is one of the UK's largest banking groups, offering comprehensive financial solutions and business loans tailored to SMEs.£1,000–£250,000; 6.6%–15% APR; 1–7 years
7BarclaysBarclays offers a vast array of financial products including business loans designed specifically for UK small businesses.£5,000–£2,500,000; 8.5%–12% APR; 12–84 months
8Lloyds BankLloyds Bank provides a spectrum of financial services to diverse sectors, with a focus on supporting small and medium-sized UK businesses.£10,000–£500,000; 7.5%–12.5% APR; 1–7 years
9HSBCHSBC is a global banking giant offering diverse financial products tailored to the evolving needs of UK businesses, including competitive business loans.£1,000–£3,000,000; 5.9%–13% APR; 12–120 months
10Metro BankMetro Bank is committed to transforming UK business banking with straightforward financial products and personalized customer service.£5,000–£250,000; 7%–15% APR; 1–5 years

1. Funding Agent

Funding Agent Funding Agent specialises in quick-access unsecured business loans suitable for franchise buyers and small enterprises in need of flexible funding solutions. Its offerings focus on fast approvals and transparent terms to meet diverse business needs. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £250,000
  • Min APR: 7%
  • Max APR: 25%
  • Loan Duration: 12–60 months⌛

Services & Industries

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

Pros

  • Flexible terms
  • Quick approval

Cons

  • Higher interest rates

Sources: https://www.fundingagent.co.uk/post/best-lenders-to-secure-a-200k-unsecured-business-loan

2. Century Business Finance

Century Business Finance Century Business offers quick-access loans designed for small firms seeking flexible funding options and rapid approval processes. Its solutions are suitable for franchise operators and businesses needing fast cash. Here's what to know:

Loan Details

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

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: Breweries, Retail, Service industries

Pros

  • Fast processing
  • Transparent terms

Cons

  • Interest rates vary widely

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

3. SWIG Finance

SWIG Finance SWIG Finance offers ethical and sustainable business loans suitable for small enterprises in need of socially responsible funding. It supports businesses in the South and West Country seeking ethical financial solutions. Here's what to know:

Loan Details

  • Min Amount: £25,001
  • Max Amount: £250,000
  • Min APR: 15.75%
  • Max APR: 0%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Unsecured loans
  • Industries: General business, Social enterprises

Pros

  • Ethical loans
  • No asset collateral needed

Cons

  • Higher interest rates

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

4. Fleximize

Fleximize Fleximize provides flexible working capital finance options for UK SMEs, with quick approval and adaptable repayment plans. It is suitable for franchise owners and small firms seeking flexible, unsecured or secured lending. Here's what to know:

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 9.6%
  • Max APR: 0%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: Retail, Service industries

Pros

  • Tailored solutions
  • Loyalty rewards

Cons

  • Director guarantees required

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

5. Funding Circle

Funding Circle Funding Circle connects small businesses with peer-to-peer investors and offers options for secured and unsecured loans. It caters to companies needing flexible terms and faster fund access. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £750,000
  • Min APR: 6.9%
  • Max APR: 14.9%
  • Loan Duration: 6–72 months⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: General business, Small enterprises

Pros

  • No early repayment fees
  • Fast processing

Cons

  • Application fees

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

6. NatWest

NatWest NatWest offers a range of business lending options including unsecured and secured loans suitable for franchise operators and growing businesses. It appeals to firms seeking quick access with flexible terms. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £250,000
  • Min APR: 6.6%
  • Max APR: 15%
  • Loan Duration: 1–7 years⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: Legal, Real estate, Accountancy

Pros

  • Wide range of products
  • Established banking group

Cons

  • Strict eligibility criteria

Sources: https://www.natwest.com/business/sector-expertise.html

7. Barclays

Barclays Barclays provides various business funding options including unsecured and secured loans tailored for UK small businesses. It is suitable for firms looking for quick, flexible financing. Here's what to know:

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,500,000
  • Min APR: 8.5%
  • Max APR: 12%
  • Loan Duration: 12–84 months⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: General business, Various sectors

Pros

  • Competitive rates
  • Flexible repayments

Cons

  • Eligibility depends on turnover

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

8. Lloyds Bank

Lloyds Bank Lloyds Bank offers a variety of business loans, including unsecured options suitable for small and medium-sized firms. Its approach emphasizes support for sector-specific needs and flexible terms. Here's what to know:

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 7.5%
  • Max APR: 12.5%
  • Loan Duration: 1–7 years⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: General business, Manufacturing, Retail

Pros

  • Tailored business support
  • Flexible loan options

Cons

  • Higher interest charges

Sources: https://www.lloydsbank.com/business/financing/commercial-finance/

9. HSBC

HSBC HSBC provides global banking solutions including business loans that support growth and cash flow management. Its offerings cater to firms seeking quick access and flexible repayment options in UK markets. Here's what to know:

Loan Details

  • Min Amount: £1,000
  • Max Amount: £3,000,000
  • Min APR: 5.9%
  • Max APR: 13%
  • Loan Duration: 12–120 months⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: Industries

Pros

  • Global presence
  • Wide product selection

Cons

  • Complex eligibility criteria

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

10. Metro Bank

Metro Bank Metro Bank delivers straightforward financial products and personal service aimed at small and medium businesses seeking quick finance. Its flexible options are suitable for franchise operations and firms focused on simplicity and clarity. Here's what to know:

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 7%
  • Max APR: 15%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: Service industries

Pros

  • Customer-focused service
  • Transparent fees

Cons

  • Limited branch network

Sources: https://www.metrobankonline.co.uk/business/

How to choose

Match loan size and APR to your budget, check eligibility, and balance speed against flexibility. Consider how repayments fit your franchise cash flow and seasonality. Review lender criteria, fees, and early repayment terms before applying. When seeking a 200 thousand pounds unsecured business loan, decide if you prefer a traditional bank, a specialist lender, or a brokered solution. Bank loans may offer lower rates but stricter criteria. Broker access can expand options but may involve additional fees. sector-focused lenders might provide tailored terms for specific industries. Carefully compare repayment terms, interest rates, and flexibility to select the best fit for your business.

Conclusion

Matching the right provider depends on your funding needs and circumstances. Larger amounts or secured loans may point to traditional banks like Lloyds or HSBC. For quick comparisons and flexible options, Funding Agent stands out. Sector-specialist lenders can offer tailored solutions for certain industries. Always confirm current costs and terms with the lender; pricing may change.

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