February 12, 2026
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Best Lenders to Secure a 200k Short Term Loan

Best Lenders to Secure a 200k Short Term Loan

Discover the best lenders to secure a £200,000 short term loan quickly and easily. Compare rates, terms, and eligibility to find the right loan for your 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 200k Short Term 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 2026-02-12.

1. Funding Agent

Funding Agent provides a brokered platform to help UK SMEs quickly compare various business finance options. It is suitable for borrowers seeking fast access to a range of unsecured loans with simple application steps and flexible terms. This service emphasises ease of use and quick eligibility matching without requiring collateral.

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

Sources: Funding Agent

2. Barclays

Barclays focuses on providing both personal and business loans with a broad range of financial products. It is suited for borrowers such as franchise buyers seeking established lenders with transparent terms and flexible repayment options. Barclays typically requires credit assessment and offers varied loan durations to match different needs.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £250,000
  • Min APR: 4.9%
  • Max APR: 19.9%
  • Loan Duration: 6–120 months

Services & Industries

  • Finance Types: Personal Loan, Business Loan, Overdraft
  • Industries: Retail, Finance, Construction

Pros

  • Established reputation
  • Wide range of services

Cons

  • Higher interest rates for lower credit scores

Sources: Source

3. HSBC

HSBC offers a global banking network with a focus on business loans and financial solutions catering to diverse industries. It is appropriate for SMEs seeking flexible credit options backed by a large institution, including various repayment and security arrangements. HSBC’s product range accommodates both short and medium-term financing needs.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £300,000
  • Min APR: 3.3%
  • Max APR: 22.9%
  • Loan Duration: 1–84 months

Services & Industries

  • Finance Types: Business Loan, Credit Line
  • Industries: Finance, Healthcare, Energy

Pros

  • Global presence
  • Diverse loan options

Cons

  • Complex application process

Sources: Source

4. Lloyds Bank

Lloyds Bank is a major UK retail and commercial bank offering a comprehensive range of loan products. It mainly suits borrowers seeking established lenders with flexible repayment terms and options such as mortgages and business loans. Lloyds typically requires credit checks and may offer variable security options depending on the loan type.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £500,000
  • Min APR: 5.9%
  • Max APR: 16.9%
  • Loan Duration: 12–240 months

Services & Industries

  • Finance Types: Mortgage, Business Loan
  • Industries: Technology, Retail, Transport

Pros

  • Large network
  • Flexible repayment plans

Cons

  • Strict credit score requirements

Sources: Source

5. NatWest

NatWest provides business loans and financial services designed to support UK businesses across several sectors. It is suitable for franchise buyers and SMEs needing straightforward funding with dedicated support. NatWest offers a mix of loan products with varying speed and flexibility depending on the application and credit profile.

Loan Details

  • Min Amount: £2,000
  • Max Amount: £350,000
  • Min APR: 4.5%
  • Max APR: 20.5%
  • Loan Duration: 1–84 months

Services & Industries

  • Finance Types: Business Loan, Cash Advance
  • Industries: Hospitality, Transport, Healthcare

Pros

  • Dedicated business support
  • Simple application process

Cons

  • Higher APR for smaller loans

Sources: Source

6. Santander UK

Santander UK offers personal and business lending products tailored for SMEs seeking flexible loan solutions. This lender is appropriate for those requiring adaptable amounts and repayment periods, with a focus on clear terms. Santander emphasises customer support and a range of finance types, although branch availability may vary.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £200,000
  • Min APR: 5.9%
  • Max APR: 23.4%
  • Loan Duration: 6–84 months

Services & Industries

  • Finance Types: Business Loan, Fixed Rate
  • Industries: Finance, Retail, Agriculture

Pros

  • Comprehensive customer support
  • Flexible loan amounts

Cons

  • Limited branch locations

Sources: Source

7. Metro Bank

Metro Bank is a retail and commercial lender committed to providing straightforward loans with flexible repayment options. It targets UK SMEs requiring fast access to funding with clear fees and transparent policies. Metro Bank offers flexible credit and overdraft products suitable for a range of small business needs.

Loan Details

  • Min Amount: £2,000
  • Max Amount: £250,000
  • Min APR: 6%
  • Max APR: 21%
  • Loan Duration: 3–60 months

Services & Industries

  • Finance Types: Business Loan, Overdraft
  • Industries: Retail, Technology, Services

Pros

  • Extended opening hours
  • Transparent fees

Cons

  • Geographical limitations

Sources: Source

8. TSB Bank

TSB Bank offers varied banking services including business and consumer loans aimed at SMEs and individuals. This provider is suitable for borrowers seeking competitive fixed APR loans with straightforward application and no setup fees. TSB delivers a range of financing options with a focus on predictable repayment schedules.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £250,000
  • Min APR: 5.2%
  • Max APR: 19.5%
  • Loan Duration: 6–120 months

Services & Industries

  • Finance Types: Consumer Loan, Business Loan
  • Industries: Finance, Retail, Education

Pros

  • Competitive fixed APR
  • No setup fees

Cons

  • Fewer branches

Sources: Source

9. Clydesdale Bank

Clydesdale Bank specialises in personal and business banking services with lending options that offer flexible terms. Suitable for SMEs looking for tailored finance solutions, it provides options with varying durations and interest rates. The lender supports a range of industries with a focus on adaptable repayment plans.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £300,000
  • Min APR: 5.4%
  • Max APR: 18.7%
  • Loan Duration: 6–240 months

Services & Industries

  • Finance Types: Personal Loan, Business Loan
  • Industries: Healthcare, Retail, Manufacturing

Pros

  • Strong customer service
  • Flexible terms

Cons

  • Complex product requirements

Sources: Source

10. Virgin Money

Virgin Money provides innovative financial products through independent brand-licencees, focusing on business and mortgage loans. It is ideal for SMEs looking for flexible loan terms within technology, healthcare, and service sectors. Virgin Money emphasises brand strength and modern loan solutions tailored to varied business needs.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £150,000
  • Min APR: 4.5%
  • Max APR: 19.9%
  • Loan Duration: 12–84 months

Services & Industries

  • Finance Types: Business Loan, Mortgage
  • Industries: Technology, Healthcare, Services

Pros

  • Innovative products
  • Strong brand

Cons

  • Higher minimum loan amounts

Sources: Source

How to choose

When securing a 200 thousand pounds loan, consider how the loan size and APR fit your budget and cash flow. Check each lender’s eligibility requirements carefully. Balance the speed of funding against the flexibility of repayment options available. Assess whether collateral is required and how that affects your loan terms. Review fees, early repayment policies, and lender reputation before making a decision.

Conclusion

The choice between banks, brokers, and specialist lenders depends on your loan purpose and business needs. Banks may offer comprehensive products with structured terms while brokers like Funding Agent facilitate access to multiple options quickly. Specialist lenders often focus on niche needs or faster turnaround but may require specific eligibility criteria. Matching these factors to your requirements can help secure the best 200 thousand pounds loan for your franchise or business operation.

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1Funding AgentFunding Agent helps UK SMEs compare business finance options fast, with a simple application journey and quick eligibility matching.£10,000–£1,000,000; 4%–20% APR; 3–60 months
2BarclaysBarclays is a British multinational investment bank and financial services company offering a range of personal and business loans.£10,000–£250,000; 4.9%–19.9% APR; 6–120 months
3HSBCHSBC is one of the world’s largest banking and financial services organisations, providing loans and financial solutions to businesses around the globe.£1,000–£300,000; 3.3%–22.9% APR; 1–84 months
4Lloyds BankLloyds Bank is part of Lloyds Banking Group, the UK’s largest retail and commercial bank, offering a suite of loan solutions.£1,000–£500,000; 5.9%–16.9% APR; 12–240 months
5NatWestNatWest offers a comprehensive range of financial services, including business loans aimed at supporting UK businesses.£2,000–£350,000; 4.5%–20.5% APR; 1–84 months
6Santander UKSantander UK provides a wide range of personal and business financial products, including tailored loans for SMEs.£5,000–£200,000; 5.9%–23.4% APR; 6–84 months
7Metro BankMetro Bank is a retail and commercial bank in the UK, committed to providing straightforward and flexible loan options.£2,000–£250,000; 6%–21% APR; 3–60 months
8TSB BankTSB Bank offers a range of banking services and financial solutions to personal and business customers.£1,000–£250,000; 5.2%–19.5% APR; 6–120 months
9Clydesdale BankClydesdale Bank is a Scottish bank offering a range of personal and business banking services including lending solutions.£1,000–£300,000; 5.4%–18.7% APR; 6–240 months
10Virgin MoneyVirgin Money is a financial services brand used by three independent brand-licensees worldwide, known for innovative financial products and services.£5,000–£150,000; 4.5%–19.9% APR; 12–84 months