Best Lenders to secure a 220k Working Capital 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 providing UK SMEs with fast and simple access to business finance through comparison of multiple options. It is suitable for franchise buyers and operators seeking predictable terms without collateral requirements. Speedy eligibility assessment and a straightforward application process help match borrowers with suitable loan products.
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
Tide specialises in flexible business loans designed to support working capital needs for SMEs. It serves businesses requiring quick and adaptable funding with competitive rates. Tide focuses on speed and ease without demanding collateral, making it suitable for a broad range of business borrowers seeking rapid capital access.
Loan Details
- Min Amount: £1,000
- Max Amount: £20,000,000
- Min APR: 7%
- Max APR: 14%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Working Capital Loans, Business Loans
- Industries: SMEs
Pros
- Large loan amounts available
- Fast decision process
Cons
- APR may be high for some businesses
Fleximize delivers adaptable unsecured loans aimed at assisting SMEs with cash flow management and growth. It suits businesses looking for tailored finance solutions with flexible repayment options. The provider offers funding without collateral, making it a fit for those needing versatile working capital products.
Loan Details
- Min Amount: £5,000
- Max Amount: £250,000
- Min APR: 9.6%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Unsecured Loans, SME Loans
- Industries: General Business
Pros
- No hidden fees
- Flexible repayment terms
Cons
- Higher APRs for first-time borrowers
365 Finance provides innovative revenue-based finance solutions focused on flexible repayments without fixed terms. This option suits SMEs looking for adaptable loan structures aligned with cash flow fluctuations. The lender avoids traditional monthly payments and collateral demands, offering an alternative for businesses prioritising flexibility.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Flexible ⌛
Services & Industries
- Finance Types: Revenue-Based Finance
- Industries: SMEs
Pros
- No fixed payments
- Flexible terms
Spark Finance offers tailored business loans with competitive rates suited to diverse financial needs. It works well for SMEs that seek both secured and unsecured options with flexible terms. The lender aims to address individual business circumstances including risk profiles and repayment preferences.
Loan Details
- Min Amount: £100,000
- Max Amount: £1,000,000
- Min APR: 5%
- Max APR: 15%
- Loan Duration: 6–72 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Secured Loans
- Industries: General Business
Pros
- Competitive interest rates
- No hidden fees
Cons
- Requires a good risk profile for best rates
White Oak UK specialises in SME finance with products tailored for VAT, tax, and invoice financing needs. It is suitable for businesses seeking structured finance solutions, often involving secured lending. The provider is geared towards customers requiring a range of terms and finance types that support operational cash flow.
Loan Details
- Min Amount: £5,000
- Max Amount: £1,500,000
- Min APR: 6.95%
- Max APR: 0%
- Loan Duration: 12–60 months ⌛
Services & Industries
- Finance Types: Invoice Finance, Equipment Leasing
- Industries: SMEs
Pros
- Variety of finance solutions
- Specialist SME funding
Cons
- Arrangement fees can be high
LoanTube acts as a broker connecting SMEs to a wide network of lenders offering various financing products. This is well-suited for businesses seeking multiple lending options and transparent rate comparisons. The platform facilitates access to flexible terms but does not provide direct lending itself.
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000,000
- Min APR: 4.9%
- Max APR: 15.9%
- Loan Duration: 1–15 years ⌛
Services & Industries
- Finance Types: Broker Services
- Industries: SMEs
Pros
- Wide range of lender options
- Transparent APR rates
Cons
- Acts only as a broker, not a direct lender
Novuna offers small business loans with focus on quick decisions and flexible repayment schedules. It is appropriate for SMEs requiring working capital without collateral. The lender emphasises meeting cash flow needs through adaptable terms that fit operational cycles.
Loan Details
- Min Amount: £10,000
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1–7 years ⌛
Services & Industries
- Finance Types: Business Cash Flow Loans, Unsecured Loans
- Industries: SMEs
Pros
- Fast access to cash
- No asset risks required
Cons
- Higher interest rates for unsecured loans
Century Business Finance provides straightforward small business loans designed for simplicity and fast approval. It works well for SMEs seeking basic financing solutions with clear terms. The lender is suitable for borrowers prioritising speed and an uncomplicated funding process without complex collateral demands.
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: Business Loans, Long Term Loans
- Industries: Small Business
Pros
- Simple application process
- Same-day approval
DNA Financial Solutions provides personalised finance options for residential and commercial property clients as well as business finance needs. Its solutions suit businesses looking for specialised terms including merchant cash advances and flexible repayment structures. The provider focuses on offering tailored funding rather than standardised loans.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Flexible ⌛
Services & Industries
- Finance Types: Merchant Cash Advance, Business Finance
- Industries: General Business
Pros
- Expert advice
- Specialized solutions
Cons
- Bespoke rate determination
How to choose
When selecting a lender to secure a 220k working capital loan, consider your business’s specific funding requirements and eligibility. Assess the balance of loan size, APR, and repayment flexibility to suit your cash flow and seasonality. Speed of approval is important but should be weighed against the terms and conditions offered. Check whether the loan requires collateral or offers unsecured options, and understand any fees or early repayment penalties. Lastly, review whether you are accessing direct lenders or brokers, as this affects the application process and available products.
Conclusion
Choosing the right lender depends on your business’s funding needs and risk profile. Banks and direct lenders often provide straightforward loans for those with clear collateral, while brokers like Funding Agent facilitate access to a broader market, suited for diverse needs and faster comparisons. Specialist lenders focus on niche finance types for specific industries or loan structures. Funding Agent remains a practical option for SMEs looking to secure a 200 thousand pounds loan with swift evaluation across multiple lenders. Always ensure you review current terms directly with providers before applying.
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