Best Lenders to Secure a 220k Revolving Credit 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.
Funding Agent focuses on providing access to multiple business finance options through a simple and fast comparison platform. It is suitable for UK SMEs seeking clarity and predictable terms for their financing needs. The service offers flexible unsecured loan options without the need for collateral and supports quick eligibility checks.
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
Barclays offers a comprehensive range of banking and lending services focusing on business financing solutions. It is suitable for franchise buyers and SMEs needing larger credit facilities with a blend of speed and established processes. Their products tend to involve traditional underwriting with variable terms concerning security and repayment options.
Loan Details
- Min Amount: £5,000
- Max Amount: £500,000
- Min APR: 7.5%
- Max APR: 20.9%
- Loan Duration: 3–120 months ⌛
Services & Industries
- Finance Types: Revolving Credit, SME Loans
- Industries: Various
Pros
- Established bank with a strong reputation
- Wide range of financial products
Cons
- Stricter credit checks
- Longer processing times
HSBC specialises in global banking and offers diverse financial and lending products for businesses of various sizes. It suits borrowers needing flexible repayment options often aligned with international operations or businesses needing multi-product solutions. HSBC offers a range of loan structures subject to typical underwriting and eligibility criteria.
Loan Details
- Min Amount: £10,000
- Max Amount: £300,000
- Min APR: 6.9%
- Max APR: 18.9%
- Loan Duration: 6–120 months ⌛
Services & Industries
- Finance Types: Business Loans, Overdraft, Revolving Credit
- Industries: Various
Pros
- Global presence
- Diverse product offerings
Cons
- Complex application process
- Higher interest rates on some products
Lloyds Bank provides comprehensive banking services with an emphasis on personal and commercial lending. It caters to SMEs and franchise buyers looking for accessible loan products that balance service and repayment flexibility. Lloyds’ loans often involve formal credit assessments and may require some form of security depending on the product.
Loan Details
- Min Amount: £2,000
- Max Amount: £250,000
- Min APR: 8.1%
- Max APR: 21.5%
- Loan Duration: 12–84 months ⌛
Services & Industries
- Finance Types: Business Loans, Revolving Credit
- Industries: Retail, Healthcare
Pros
- Strong customer service
- Multiple branch locations
Cons
- Higher fees for some services
5. Santander UK
Santander UK is a large retail and commercial bank offering a wide array of business finance products, including asset finance and revolving credit. It is suitable for SMEs and franchisees seeking well-established lending with competitive rates and flexible repayment options. Their services often require creditworthiness assessments and may include security requirements.
Loan Details
- Min Amount: £5,000
- Max Amount: £200,000
- Min APR: 7.8%
- Max APR: 19.9%
- Loan Duration: 24–60 months ⌛
Services & Industries
- Finance Types: Business Loans, Revolving Credit, Asset Finance
- Industries: Various
Pros
- Competitive interest rates
- Large network of branches
Cons
- Limited customer support during off-hours
NatWest is a prominent UK bank offering a range of personal and business banking products, including revolving credit and SME loans. It is suitable for businesses requiring straightforward lending solutions with a focus on customer service and innovation. Loan terms may vary based on credit profile and product type with flexible repayment structures.
Loan Details
- Min Amount: £1,000
- Max Amount: £250,000
- Min APR: 9.5%
- Max APR: 22.5%
- Loan Duration: 1–84 months ⌛
Services & Industries
- Finance Types: SME Loans, Revolving Credit
- Industries: Various
Pros
- Customer-centric approach
- Innovative banking solutions
Cons
- Higher APR for short-term loans
Metro Bank focuses on retail and commercial banking with an emphasis on customer service and convenience. It suits SMEs and franchise operations prioritising accessibility and personalized support. Loan products include unsecured options and overdrafts, typically with straightforward application processes.
Loan Details
- Min Amount: £500
- Max Amount: £150,000
- Min APR: 10%
- Max APR: 24%
- Loan Duration: 3–60 months ⌛
Services & Industries
- Finance Types: Business Loans, Overdraft
- Industries: Retail, Construction
Pros
- Extended branch hours
- Strong customer service
TSB provides tailored banking solutions designed for personal and small business clients. Suitable for SMEs seeking revolving credit with straightforward loan application and no arrangement fees. Their offerings focus on flexibility with moderate product ranges to balance simplicity and service.
Loan Details
- Min Amount: £1,000
- Max Amount: £200,000
- Min APR: 9.8%
- Max APR: 25%
- Loan Duration: 6–72 months ⌛
Services & Industries
- Finance Types: Revolving Credit, Business Loans
- Industries: Various
Pros
- Simple loan application process
- No arrangement fees
Cons
- Limited financial product range
Clydesdale Bank primarily serves customers in Scotland and northern England, focusing on regional lending and business banking. It suits SMEs looking for local service with tailored credit products often involving some security considerations. The bank offers conventional loan options with flexible repayment terms to accommodate working capital needs.
Loan Details
- Min Amount: £2,000
- Max Amount: £200,000
- Min APR: 8.5%
- Max APR: 23%
- Loan Duration: 12–72 months ⌛
Services & Industries
- Finance Types: Business Loans, Revolving Credit
- Industries: Agriculture, Manufacturing
Pros
- Personalized service
- Strong regional presence
Virgin Money offers a range of innovative financial products focusing on customer service and modern banking solutions. It is suited for SMEs and franchise buyers seeking flexible revolving credit and business loans with digital access options. Physical branch availability is limited but compensated by service innovation and tailored finance types.
Loan Details
- Min Amount: £3,000
- Max Amount: £250,000
- Min APR: 9.9%
- Max APR: 24.9%
- Loan Duration: 6–84 months ⌛
Services & Industries
- Finance Types: Revolving Credit, Business Loans, Asset Finance
- Industries: Technology, Media
Pros
- Innovative financial products
- Excellent customer service
Cons
- Limited physical locations
How to choose
When selecting the best lender to secure a 220k revolving credit loan, consider your business size and financial needs carefully. Review loan sizes and APRs in relation to your budget, and evaluate eligibility requirements thoroughly. Balance the speed of application processing with the flexibility of loan terms, including repayment options. Think about how loan repayments will align with your franchise’s cash flow and seasonal variations. Also, assess lender fees, collateral policies, and early repayment conditions before proceeding with an application.
Conclusion
Choosing the right lender depends largely on your specific borrowing needs and business profile. Banks offer stability and a broad product range but may require more stringent eligibility and collateral. Brokers like Funding Agent provide easier access to multiple options and quick eligibility matches, which can be useful for SMEs needing straightforward comparisons. Specialist lenders may cater to niche sectors or asset-backed finance needs. Always verify the most current terms and conditions, as fees and pricing can vary over time.