February 12, 2026
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Best Lenders to Secure a 230k Revolving Credit Loan

Best Lenders to Secure a 230k Revolving Credit Loan

Discover the best lenders to secure a £230,000 revolving credit loan. Learn how to choose the right provider and get flexible borrowing options tailored to your needs.
James Laden
Co-founder and CEO

8 years of experience working with major financial companies in the UK, and now focuses on making business funding simpler for SMEs through a faster, technology-led application journey.

Best Lenders to Secure a 230k 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.

1. Funding Agent

Funding Agent provides a platform to compare business finance options quickly, focusing on unsecured and working capital loans for UK SMEs. It is suitable for franchise buyers and small businesses seeking straightforward access to funding with minimal collateral. The service emphasises speed and transparency with a streamlined application process and fast 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

Sources: Funding Agent

2. Funding Circle

Funding Circle is a lending marketplace focused on business loans for small to medium enterprises in the UK. Its products suit established businesses, including franchise owners, looking for competitive rates with fixed repayments. The platform offers peer-to-peer lending with moderate flexibility and typical loan security requirements depending on the deal.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 4.3%
  • Max APR: 15.8%
  • Loan Duration: 6–60 months ⌛

Services & Industries

  • Finance Types: Business Loans, Revolving Credit
  • Industries: Retail, Manufacturing

Pros

  • Peer-to-peer lending
  • Low APR rates

Cons

  • Lengthy application process

Sources: Source

3. Iwoca

Iwoca specialises in flexible, short-term loans and lines of credit aimed at small businesses across the UK. It is ideal for franchisees and SMEs requiring rapid access to working capital with straightforward application steps. The lender offers quick decisions with variable loan durations and minimal collateral in many cases.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £200,000
  • Min APR: 2.9%
  • Max APR: 12%
  • Loan Duration: 1–24 months ⌛

Services & Industries

  • Finance Types: Business Loans, Lines of Credit
  • Industries: E-commerce, Hospitality

Pros

  • Quick funding
  • Simple application

Cons

  • Higher APR for small loans

Sources: Source

4. LendInvest

LendInvest focuses on property finance including loans for real estate investment and development projects in the UK. It suits franchise buyers or SMEs with property-related needs requiring secured loans. Lending terms often involve loan-to-value considerations and may include revolving credit facilities tailored to property sectors.

Loan Details

  • Min Amount: £20,000
  • Max Amount: £1,000,000
  • Min APR: 3%
  • Max APR: 10%
  • Loan Duration: 3–36 months ⌛

Services & Industries

  • Finance Types: Revolving Credit, Property Loans
  • Industries: Real Estate

Pros

  • Specialized in property
  • Competitive rates

Cons

  • Property focus only

Sources: Source

5. Startup Loans

Startup Loans offers government-backed personal loans targeting new UK startups, including franchises in early stages. This option is fitting for first-time business owners seeking low-interest loans with fixed repayments and mentorship support. It is less flexible in loan size but provides a secure lending framework with fixed APR.

Loan Details

  • Min Amount: £500
  • Max Amount: £25,000
  • Min APR: 6%
  • Max APR: 6%
  • Loan Duration: 12–60 months ⌛

Services & Industries

  • Finance Types: Startup Loans
  • Industries: Startups

Pros

  • Fixed APR
  • Mentoring support

Cons

  • Capped loan size

Sources: Source

6. MarketFinance

MarketFinance delivers fast working capital solutions including invoice finance and revolving credit for SMEs in diverse sectors. It suits franchise operators and other businesses needing flexible funding options with quick decisions. The lender typically offers products secured on receivables or varying collateral types.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 4.5%
  • Max APR: 11.5%
  • Loan Duration: 1–24 months ⌛

Services & Industries

  • Finance Types: Invoice Finance, Revolving Credit
  • Industries: Technology, Retail

Pros

  • Quick decisions
  • Flexible terms

Cons

  • Strict eligibility criteria

Sources: Source

7. Lloyds Bank

Lloyds Bank provides a broad range of banking and loan services to SMEs, including overdrafts and term loans. Its market presence works well for franchise buyers seeking established banking relationships and flexible credit solutions. Loan terms vary with thorough eligibility and collateral assessments made by the bank.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £500,000
  • Min APR: 5.1%
  • Max APR: 14.9%
  • Loan Duration: 1–48 months ⌛

Services & Industries

  • Finance Types: Business Loans, Overdraft
  • Industries: Finance, Agriculture

Pros

  • Reliable service
  • Wide branch network

Cons

  • Complex eligibility requirements

Sources: Source

8. Barclays

Barclays offers customised financing for UK businesses, ranging from startups to larger corporates. It fits franchises and SMEs that value innovation and global reach in their lender. Financing products can include overdrafts and business loans with variable collateral and repayment options.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 3.5%
  • Max APR: 10.5%
  • Loan Duration: 1–60 months ⌛

Services & Industries

  • Finance Types: Business Loans, Overdraft
  • Industries: Retail, Finance

Pros

  • Innovative solutions
  • Global presence

Cons

  • High APR for new clients

Sources: Source

9. HSBC

HSBC is a major international bank offering a wide range of business loans and financial services for UK SMEs. It serves franchise operators seeking global banking products with variable security and repayment terms. Loan options emphasize flexibility and product diversity but may entail detailed eligibility checks.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 4.1%
  • Max APR: 12.5%
  • Loan Duration: 1–60 months ⌛

Services & Industries

  • Finance Types: Business Loans, Lines of Credit
  • Industries: Healthcare, Technology

Pros

  • Global reach
  • Diverse products

Cons

  • Stringent loan conditions

Sources: Source

10. NatWest

NatWest offers tailored financing for UK businesses, including revolving credit and term loans, with an emphasis on personalised service. It fits franchise operators and SMEs seeking flexible loan terms with thorough support. Eligibility and fees vary and early repayment penalties may apply.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £750,000
  • Min APR: 5.9%
  • Max APR: 13.9%
  • Loan Duration: 1–72 months ⌛

Services & Industries

  • Finance Types: Business Loans, Revolving Credit
  • Industries: Agriculture, Healthcare

Pros

  • Flexible loan terms
  • Strong customer support

Cons

  • High fees for early repayment

Sources: Source

How to choose

Choosing the right lender to secure a 230 thousand pounds revolving credit loan involves matching loan size and APR with your franchise’s financial capabilities. Evaluate lenders based on eligibility requirements, speed of funding, and flexibility in repayment options. Consider whether a bank, specialist lender, or broker best suits your business model and collateral availability. Examine fees, including early repayment charges, and confirm the terms align with your cash flow and seasonal cycles. Seek clear information on security and loan-to-value expectations before applying.

Conclusion

Matching the lender type to the intended use case is crucial when securing a 230 thousand pounds loan. Banks typically offer established credit products with broad service but may require detailed eligibility and collateral. Brokers and specialist providers can deliver tailored or fast funding solutions, particularly for niche sectors or quicker access. Funding Agent is a useful platform for SMEs to quickly compare multiple options and find suitable financing. Always verify updated costs, terms, and service suitability directly with your chosen provider.

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FAQs

What is a £230k revolving credit loan?
Who are the best lenders for a revolving credit loan in the UK?
How do I qualify for a £230k revolving credit loan?
What are the benefits of a revolving credit loan over a traditional loan?
Are there any risks to borrowing £230,000 on revolving credit?
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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
2Funding CircleFunding Circle is a marketplace for business loans, serving small to medium enterprises in the UK with competitive rates.£10,000–£500,000; 4.3%–15.8% APR; 6–60 months
3IwocaIwoca offers fast, flexible loans to small businesses across the UK, supporting quick access to funds.£1,000–£200,000; 2.9%–12% APR; 1–24 months
4LendInvestLendInvest specializes in property finance, offering loans tailored for real estate investments and development projects.£20,000–£1,000,000; 3%–10% APR; 3–36 months
5Startup LoansStartup Loans provide government-backed personal loans for UK startups, with low interest and no setup costs.£500–£25,000; 6%–6% APR; 12–60 months
6MarketFinanceMarketFinance offers fast funding solutions, including invoice finance and loans for SMEs across various sectors.£5,000–£1,000,000; 4.5%–11.5% APR; 1–24 months
7Lloyds BankLloyds Bank provides comprehensive banking solutions to SMEs, including business loans and flexible credit solutions.£1,000–£500,000; 5.1%–14.9% APR; 1–48 months
8BarclaysBarclays offers tailored financing products for UK businesses, from small to large corporates, with a focus on innovation.£1,000–£1,000,000; 3.5%–10.5% APR; 1–60 months
9HSBCHSBC is a global bank that provides a variety of business loans and financial services tailored for SMEs in the UK.£1,000–£1,000,000; 4.1%–12.5% APR; 1–60 months
10NatWestNatWest supports UK businesses with tailored financing products, flexible loan terms, and robust customer service.£1,000–£750,000; 5.9%–13.9% APR; 1–72 months
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