Best Lenders to Secure a 220k 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 primarily focuses on helping UK SMEs compare multiple business finance products quickly through a streamlined application process. It is suitable for those seeking unsecured funding with clear terms and fast eligibility feedback. The platform provides flexible options with no collateral required and supports a range of repayment 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
Barclays is a traditional bank offering both secured and unsecured business loans with a range of loan structures. It suits businesses looking for reliable, established lender options for secured borrowing and standard bank lending. Their offerings feature various repayment plans and collateral requirements depending on loan type and size.
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Secured Loans, Unsecured Loans
- Industries: General
Pros
- Wide range of loan types
- Reputable bank
SWIG Finance targets start-ups and growing businesses, offering unsecured business loans predominantly in the South West and UK-wide. Their services are suitable for businesses needing medium-term finance without tangible asset security. Loan options provide moderate flexibility with standard repayment structures.
Loan Details
- Min Amount: £25,001
- Max Amount: £250,000
- Min APR: 12%
- Max APR: 0%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Unsecured Loans
- Industries: Start-ups
Pros
- No tangible assets required
- Medium-term solutions
Lloyds Bank provides a broad suite of business loans including secured and unsecured options for small to large enterprises. It is suited to businesses requiring flexible borrowing limits and customised repayment plans. Loan structures may vary substantially depending on business needs and collateral offered.
Loan Details
- Min Amount: £50,000
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Secured Loans, Unsecured Loans
- Industries: Small Businesses, Large Enterprises
Pros
- Flexible borrowing limits
- Custom repayment plans
Cons
- Detailed application process
NatWest focuses on business loans designed to support growth and expansion with competitive rates. It is appropriate for SMEs that require flexible loan terms and competitive pricing. Their loan products offer clarity on repayment terms and accommodate varying credit profiles.
Loan Details
- Min Amount: £1,000
- Max Amount: £100,000
- Min APR: 10%
- Max APR: 15%
- Loan Duration: 12–84 months ⌛
Services & Industries
- Finance Types: Small Business Loans
- Industries: Small and Medium Enterprises (SMEs)
Pros
- Competitive rates for SMEs
- Variety of loan terms available
Cons
- Rate dependent on business assessment
MAF Finance Group arranges tailored financial solutions suitable for a wide range of businesses including start-ups and established firms. Their offerings include both secured and unsecured loans with flexible terms. The group supports diverse industries and adapts lending to meet specific business requirements.
Loan Details
- Min Amount: £10,000
- Max Amount: £2,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 3–72 months ⌛
Services & Industries
- Finance Types: Secured Loans, Unsecured Loans
- Industries: Various, Including professional services
Pros
- Tailored solutions
- Wide range of funding options
Cons
- Specific lender conditions may apply
Time Finance provides commercial finance solutions with an emphasis on asset and invoice finance to support business growth. It is suitable for small businesses and start-ups requiring accessible financing options. The lender offers flexible finance products with some government-backed schemes available.
Loan Details
- Min Amount: £500
- Max Amount: £25,000
- Min APR: 6%
- Max APR: 0%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Asset Finance, Invoice Finance
- Industries: Small Businesses, Start-ups
Pros
- Government-backed programs
- Flexible finance options
Cons
- Limited loan amounts for start-ups
Together Money specialises in secured lending and bridging finance designed for property development and commercial needs. Their products suit businesses requiring higher loan amounts and specialised lending criteria. The lender focuses on secured loans with structured repayment options aligned to asset-backed finance.
Loan Details
- Min Amount: £20,000
- Max Amount: £2,000,000
- Min APR: 7.1%
- Max APR: 0%
- Loan Duration: 12–120 months ⌛
Services & Industries
- Finance Types: Secured Loans, Bridging Loans
- Industries: Property Development, Commercial
Pros
- Specialised lending
- High loan amounts
Portman Finance Group offers flexible business finance solutions including asset and equipment finance tailored to SME needs. It is suitable for businesses wanting quick access to funds without personal guarantees where eligible. Their lending includes competitive rates and adaptable loan terms to support diverse business sectors.
Loan Details
- Min Amount: £10,000
- Max Amount: £2,000,000
- Min APR: 6.9%
- Max APR: 0%
- Loan Duration: 3–72 months ⌛
Services & Industries
- Finance Types: Asset Finance, Equipment Finance
- Industries: Various
Pros
- Quick access to funds
- No personal guarantees for eligible businesses
Merchant Savvy is an independent broker providing access to various unsecured business loans with quick application processing. It caters to small businesses seeking straightforward funding options with competitive fixed rates. Their service focuses on making financial product comparisons simple and accessible.
Loan Details
- Min Amount: £500
- Max Amount: £25,000
- Min APR: 6%
- Max APR: 9.6%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Business Loans, Unsecured
- Industries: Small Businesses
Pros
- Competitive fixed rates
- No application fees
Cons
- Limited to smaller loan amounts
How to choose
When selecting the best lender for a 220k secured business loan, start by assessing your business size and security availability. Consider loan terms that align with your cash flow, and check eligibility criteria for secured lending or bridging finance. Evaluate any fees, collateral requirements, and repayment flexibility. Speed versus lender reliability is an important balance. A broker may provide wider options, while banks often offer more structured products. Always verify current terms before applying.
Conclusion
Choosing the right lender depends on your financing needs and business profile. Traditional banks suit those seeking structured loans with clear security terms. Brokers like Funding Agent offer quick comparisons and access to multiple lenders. Specialist lenders focus on asset-backed or bridging finance for specific cases. For a 200 thousand pounds loan, consider product fit carefully including speed, flexibility, and collateral requirements.